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Only Gold (XAUUSD)

  • #101
  • Aug 29, 2024 6:14pm Aug 29, 2024 6:14pm
Daily chart shows Weds resistance level held on Thurs so Fri last trading day of the month looks a little bearish at the moment.

Attached Image (click to enlarge)
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  • #102
  • Aug 29, 2024 7:19pm Aug 29, 2024 7:19pm
Quoting SunTrader
Daily chart shows Weds resistance level held on Thurs so Fri last trading day of the month looks a little bearish at the moment. {image}
Let me tip you for a moment. Try this, change the colors of ur candles only for bar up and bar down. Put the colors to None. Then see the closure of daily again. You will see something
Trading is very lonely
  • #103
  • Aug 30, 2024 6:38am Aug 30, 2024 6:38am
Quoting luckytujuh
{quote} You can delete it already. Since 2524 has been tested, if tested again it wont tap 2526. It will break ath. You can just watch, or see if price rejects at 2518. There u can sell with breaks at 2524.
is 2518 now broken?
  • #104
  • Aug 30, 2024 7:26am Aug 30, 2024 7:26am
Quoting luckytujuh
{quote} Let me tip you for a moment. Try this, change the colors of ur candles only for bar up and bar down. Put the colors to None. Then see the closure of daily again. You will see something
Saw same as what I previously posted. As well this morning (my NYTime).

What do you see?
  • #105
  • Aug 30, 2024 8:05am Aug 30, 2024 8:05am
Quoting SunTrader
{quote} Saw same as what I previously posted. As well this morning (my NYTime). What do you see?
I saw potential Ath again. Because there is no confirmation bearish candle on weekly and monthly.

It might also be just a fake pump and dump, nobody knows
But if you look at H4 liquidity wicks. Tested levels 2526-2524 many times. It can also be considered a strong bearish levels only in h4 chart but not daily
Trading is very lonely
  • #106
  • Aug 30, 2024 9:15am Aug 30, 2024 9:15am
$4 lower since I posted. Don't know why you are mentioning weekly and monthly when I was referring to Daily. Each can be different you know.

Also note when I refer to daily it is only as far as current bar. What it does next week and beyond I have no opinion.
  • #107
  • Aug 30, 2024 10:28am Aug 30, 2024 10:28am
Quoting Fadhl
{quote} I got my entry {image}
Done here and satisfied with TP1. Closing all and have a nice weekend!
Attached Image (click to enlarge)
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  • #108
  • Sep 1, 2024 10:13am Sep 1, 2024 10:13am
Tomorrow (Monday) is a holiday here in the US, Labor Day, so suppose Gold might be quiet? Once normal full trading resumes Tuesday I'm thinking uptrend ought to resume. Though need to see more intraday bars to have a firm opinion either way.
  • #109
  • Sep 1, 2024 3:18pm Sep 1, 2024 3:18pm
Gold has provided a Monthly bullish close. So we should expect a continuation up from Monthly perspective.
Attached Image (click to enlarge)
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From Weekly perspective, Gold close is irrelevant; it's an inside bar. Price needs to break either way for clear direction.
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From daily one, it's similar to weekly; we've an inside bar; uncertainty and noise until the break of the master candle.
Attached Image (click to enlarge)
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  • #110
  • Sep 1, 2024 5:00pm Sep 1, 2024 5:00pm
Quoting ahmerjamil
Here is my current analysis, Based on H4, We can go up to 2,548, & We will find trendline resistance there! {image} Come on guys, Push/break the subscribe botton!
Expecting positive move today in gold
  • #111
  • Sep 1, 2024 6:37pm Sep 1, 2024 6:37pm
I think gold is going up today but then again it could go down. This is not investment advice, just my opinion.
  • #112
  • Sep 1, 2024 7:13pm Sep 1, 2024 7:13pm
Need to wait for comex open to see where it moves.
Trading is very lonely
  • #113
  • Sep 1, 2024 9:26pm Sep 1, 2024 9:26pm
Hi everyone below is my W36 outlook...
Give it a read, cross reference with yours, critique it, etc...

It's a news packed week, and a decisive one for Gold, as it is the first week of September, be cautious, be meticulous,...
Happy trading.

Headsman
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  • #114
  • Sep 2, 2024 4:31am Sep 2, 2024 4:31am
If we stay above 2500 Ill buy, but Im still bearish
  • #115
  • Sep 2, 2024 1:43pm Sep 2, 2024 1:43pm
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Dont focus on making $$$, focus on protecting what you have.
  • #116
  • Sep 2, 2024 2:09pm Sep 2, 2024 2:09pm
Quoting profits7
{image} {image} {image}
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Dont focus on making $$$, focus on protecting what you have.
  • #117
  • Edited 5:57am Sep 3, 2024 5:43am | Edited 5:57am
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Dont focus on making $$$, focus on protecting what you have.
  • #118
  • Sep 3, 2024 6:19am Sep 3, 2024 6:19am
Quoting profits7
{image} {image} {image}

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Dont focus on making $$$, focus on protecting what you have.
  • #119
  • Sep 3, 2024 7:34am Sep 3, 2024 7:34am
Quoting Fadhl
Gold has provided a Monthly bullish close. So we should expect a continuation up from Monthly perspective. {image} From Weekly perspective, Gold close is irrelevant; it's an inside bar. Price needs to break either way for clear direction. {image}From daily one, it's similar to weekly; we've an inside bar; uncertainty and noise until the break of the master candle. {image}
Gold has tested Wednesday Candle and closed below it at H1 TF. I think, price now may go to test the Weekly LL Candle 2470, then we go up to be inline with the Monthly bullish candle. My chart shows two scenarios, but my bias is with the sell side.
Attached Image (click to enlarge)
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  • #120
  • Sep 3, 2024 9:38am Sep 3, 2024 9:38am
Quoting Fadhl
{quote} Gold has tested Wednesday Candle and closed below it at H1 TF. I think, price now may go to test the Weekly LL Candle 2470, then we go up to be inline with the Monthly bullish candle. My chart shows two scenarios, but my bias is with the sell side. {image}
Scenario 2 got the upper hand!
I put a Buy LMT at 2470; STP 2460; TP 2530
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