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  • #45,501
  • Edited 12:09pm Oct 2, 2024 9:47am | Edited 12:09pm
Quoting Evrix
gold sell at - 2663 sl - 2570 to - 2635
re entry 2654
sl - 2664
tp - 2620
exited at 2649 / +50pips
  • #45,502
  • Oct 2, 2024 9:48am Oct 2, 2024 9:48am
Quoting dragon33
{image} Good luck to all shorters because they are not there yet. prvious weekly, daily and H4 are still in game so no shorts except trading on M15 or lower. This was my last post in this non gold topic. Its everything except proper trading
looks like it’s invalidating the inverse h&s to drop low
  • #45,503
  • Oct 2, 2024 9:48am Oct 2, 2024 9:48am
Quoting arulisme
{quote} if you are not sure.My advice you should not publish it here.Worries newbies enter and burn their money. Just keep urself the signal
I’m not here to give out signals, dude. I mainly share my trades to hold myself accountable and tackle my trading problems. Yesterday I had really bad day personally, and I’m still feeling it today. I learned that I really need to try my hardest avoid trading when I’m in that mental state I may need to review lesson more than 1 times . Feel free to critique my trades, offer advice, or even joke about them—I won’t take it to heart.
Just remember this: Whether I decide to post or not is really none of your bussiness.
Thanks for getting it
  • #45,504
  • Oct 2, 2024 9:51am Oct 2, 2024 9:51am
yesterday I asked you guys to buy uj at 143.30 as king dollar wil be back and it is back in some way. cmon netanyahu finish Iran at once with the help of US and put this to an end. other countries in middle east are just chickens in the poultry farm. saudis will never go against US
  • #45,505
  • Oct 2, 2024 9:52am Oct 2, 2024 9:52am
Sometimes, well most of the times, everytime basically, it is better to look at the larger picture when doing predictions.

That's why I don't support any guessing ("price has to do this or that" - no it doesn't), or in other words, discretionary trading, because you can't really mimic someone who's really good at it, that's the essence of gut trading. What they can do, can't be replicated longterm. That's the case of every guru here. I pretty much prefer mechanical systems.

That being said, gold, in all its awfulness when it comes to price action (like today f.e.), is a pretty damn technical pair. Here is one example: This is a 1H chart with 200EMA plotted on it (together with high/low range). I'm pretty sure what you see there is self explanatory and you can easily adjust your trading to filter the wrong direction trades or recognize, when market is trying to change direction (and fails).
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDxxH1.png Size: 66 KB
  • #45,506
  • Oct 2, 2024 9:54am Oct 2, 2024 9:54am
Quoting SnakeDok
{quote} This looks like an order grab to go lower imo, lookt at the 4H candle, no bottom wick, has not tested the range down at all
Scenario seems to hold for now, unless we get some news from the Middle East we should be able to retest 2648.
  • #45,507
  • Edited 10:06am Oct 2, 2024 9:54am | Edited 10:06am
Quoting giveachance
{quote} ok lets do a challenge then. i challenge you to buy here and hold it for month. I guarantee you will shit in your pants. most people are forgetting gold and silver runs in cycles. commodity cycle will end when china is done with its stimulus.

That's no challenge lets do that and hold trades for a year instead that's a challenge and i am not going to shit pants either but i know who will. All pairs runs in cycles and as long they do that between high and lows fundamentals are not even important but ATH are taking out then it are fundamentals because there are no contracts in that area but maybe that's too complicated for most. Besides i trade all frames using different sizes for frames and this was a clear M15 correct start and somebody else posted a perfect pictured about it.

I have another challenge as well which i can do at the same time. Lets trade a life account value 1000 to 5000 in the next month are you ready for that?

2640 is another nice place to go up short term with a possibility to reach the highs again. Price will not pass previous daily without a retest simple as that. But this time i stop posting for the earlier mentioned reasons.
  • #45,508
  • Oct 2, 2024 9:55am Oct 2, 2024 9:55am
Quoting dragon33
{quote} That's no challenge lets do that and hold trades for a year instead that's a challenge and i am not going to shit pants either but i know who will
ok I am selling here for 2500 target by end of oct
  • #45,509
  • Oct 2, 2024 9:57am Oct 2, 2024 9:57am
Quoting Fabulos
I dont get why people says that gold is a safest investmant as in my opinion the gold is the dangerous investment example in your city or in country war start are will you be able tocarry your gold by your self no, 2nd if the people comes to know you are carrying gold with they will first attack 3. Will you be able tgo carry your gold to another country no. Then how the gold is safest.
If there's a war in my city, then i would be more worried about my life rather than my investments
You have to have an IQ higher than 90 to interact with this user.
  • #45,510
  • Oct 2, 2024 10:03am Oct 2, 2024 10:03am
long here at 2647, target 2675, sl 2641
  • #45,511
  • Oct 2, 2024 10:05am Oct 2, 2024 10:05am
done with 2645. now lets go to 2629. there is rumour that middle wast tension is going to ease
  • #45,512
  • Oct 2, 2024 10:08am Oct 2, 2024 10:08am
Quoting Nordling
{quote} If there's a war in my city, then i would be more worried about my life rather than my investments
then there are those that make wars for a good investment all that blood for more $$$$ they don’t even need
  • #45,513
  • Oct 2, 2024 10:10am Oct 2, 2024 10:10am
Quoting Silver-King
Silver rallied decently today... probably because of yesterday. Silver has broken all Resistance, but it's still a question of if H4 can close above 32.05$. Not much happening on the Gold... still in that 20$ Range...
how is that 4hr candle looking now for a short?
  • #45,514
  • Oct 2, 2024 10:22am Oct 2, 2024 10:22am
Quoting Silver-King
Bạc tăng giá khá tốt hôm nay... có lẽ là do hôm qua. Bạc đă phá vỡ mọi mức kháng cự, nhưng vẫn c̣n là câu hỏi liệu H4 có thể đóng cửa trên 32,05$ hay không. Không có nhiều thay đổi đối với Vàng... vẫn trong phạm vi 20$...
I see that today's price may be around 2618 and this Friday it may be around 2680.
completed a drop of nearly 100usd from the peak.
How do you feel about silver's current correlation?
  • #45,515
  • Oct 2, 2024 10:42am Oct 2, 2024 10:42am
Quoting HalikiqeoVN
{quote} I see that today's price may be around 2618 and this Friday it may be around 2680. completed a drop of nearly 100usd from the peak. How do you feel about silver's current correlation?
Silver is definitely more volatile as it should be, but correlation is decent.

Honestly, I have no fucking clue where the price is headed. Trust me, one fucking part of the system is completely confusing me, because it suggests Gold is going below 2600$, while the other part of it is suggesting Long, at least on the Silver.

Lower TFs are all over the shop... I know one thing... we're getting a large move down or extreme move up soon, because the price will have to decide and time is running out.
  • #45,516
  • Oct 2, 2024 10:43am Oct 2, 2024 10:43am
Quoting Interesting0
{quote} how is that 4hr candle looking now for a short?
Sorry I'm late. Let's see where H4 will close first. 32.05$ is still Resistance on the H4, yes the price was above, but now it fell below it and is below it as we speak. This is the main Resistance on the Silver while 2670$ is on the Gold, however Gold didn't even reach it's Resistance yet and maybe won't.

H4 candle bounced from the Support now on the Silver. It's pretty much between major Support and Resistance for which reason I believe price will have to break either way very, very soon.

Price will perhaps have to start breaking down or up even before NFP.
  • #45,517
  • Oct 2, 2024 10:45am Oct 2, 2024 10:45am
Quoting giveachance
{quote} ok lets do a challenge then. i challenge you to buy here and hold it for month. I guarantee you will shit in your pants. most people are forgetting gold and silver runs in cycles. commodity cycle will end when china is done with its stimulus.
How can we know when china is done with its stimulus?
  • #45,518
  • Oct 2, 2024 10:47am Oct 2, 2024 10:47am
Quoting Silver-King
{quote} Honestly, I have no fucking clue where the price is headed.
I often feel this way
  • #45,519
  • Oct 2, 2024 10:50am Oct 2, 2024 10:50am
Quoting Silver-King
{quote} Sorry I'm late. Let's see where H4 will close first. 32.05$ is still Resistance on the H4, yes the price was above, but now it fell below it and is below it as we speak. This is the main Resistance on the Silver while 2670$ is on the Gold, however Gold didn't even reach it's Resistance yet and maybe won't. H4 candle bounced from the Support now on the Silver. It's pretty much between major Support and Resistance for which reason I believe price will have to break either way very, very soon. Price will perhaps have to start breaking down...
that 4hr wick does look dangerous, but who knows anything can happen
  • #45,520
  • Oct 2, 2024 11:17am Oct 2, 2024 11:17am
Price could reach 60, then 70. But Let’s see if H4 closes positive.
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