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  • #47,381
  • Oct 17, 2024 9:01pm Oct 17, 2024 9:01pm
gold
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  • #47,382
  • Oct 17, 2024 9:04pm Oct 17, 2024 9:04pm
Gold - 15min
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  • #47,383
  • Oct 17, 2024 9:12pm Oct 17, 2024 9:12pm
Quoting NrSLionHeart
{quote} We hit 2706 during the Asia session, probably we will get at least 2735. These moves up are insane, like USD is falling like a rock !!!
I think market will keep moving up until the London session. I will stick with my DCA strategy—0.01 lot size, spacing trades 20 points apart. Either way, I should end up with some profit, or at least break even. Gold bullish momentum is super strong right now, so trading against the trend doesn't seem smart. But gold price is super expensive at the moment, so expecting a big pullback soon.
  • #47,384
  • Oct 17, 2024 9:18pm Oct 17, 2024 9:18pm
Quoting Hulkisbck
Gold - 15min {image}
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  • #47,385
  • Oct 17, 2024 9:21pm Oct 17, 2024 9:21pm
using last weekly candle fibo
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  • #47,386
  • Oct 17, 2024 9:28pm Oct 17, 2024 9:28pm
i am always using indicators posted on forexfactory
https://www.forexfactory.com/thread/...acci-indicator

i do not need to design my own wheel, it will still remain a wheel
  • #47,387
  • Oct 17, 2024 9:50pm Oct 17, 2024 9:50pm
I am shutting these down today, I have not been around in the last month much because I have been holding these for 27xx; I almost shut them down so many times in the last month, but finally, it's time. Cheers. Starting to look for shorts as of today. I will most likely hold out till Monday since I hate trading on Fridays.
Cheers.
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TechKnow
  • #47,388
  • Oct 17, 2024 9:55pm Oct 17, 2024 9:55pm
Quoting PatienceFx
i am always using indicators posted on forexfactory https://www.forexfactory.com/thread/...acci-indicator i do not need to design my own wheel, it will still remain a wheel
Indicators still indicate gold uptrend? peak at 2711..
  • #47,389
  • Edited 10:10pm Oct 17, 2024 9:59pm | Edited 10:10pm
Gold - daily candle

Image label wrongly type 2625.50 ... its 2725.50
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  • #47,390
  • Oct 17, 2024 10:06pm Oct 17, 2024 10:06pm
Quoting Hulkisbck
Gold - daily candle {image}
I think your top label is wrong listed at "26xx"

I tend to agree with your area here, i really like the top being about 2726.
TechKnow
  • #47,391
  • Oct 17, 2024 10:07pm Oct 17, 2024 10:07pm
Quoting iamtwenty4
{quote} Indicators still indicate gold uptrend? peak at 2711..
Indicators follow price
Indicators never predict what price will do
Indicators show history only

The US economy shows what price can do, but then even that is an indicator and it only shows the history
  • #47,392
  • Oct 17, 2024 10:08pm Oct 17, 2024 10:08pm
Good morning to 2700 (+)
  • #47,393
  • Oct 17, 2024 10:09pm Oct 17, 2024 10:09pm
Quoting Techknow
{quote} I think your top label is wrong listed at "26xx" I tend to agree with your area here, i really like the top being about 2726.
yes its 2725 ... it typing mistake by me... label i mention indicator not shown label only show area... thanks for correction me
  • #47,394
  • Oct 17, 2024 10:10pm Oct 17, 2024 10:10pm
Quoting Techknow
{quote} I think your top label is wrong listed at "26xx" I tend to agree with your area here, i really like the top being about 2726.
why 2726 if i may ask?
  • #47,395
  • Oct 17, 2024 10:18pm Oct 17, 2024 10:18pm
Quoting Eringu
{quote} ok ..another try after the BE hitted long here till the 2707.77 {image} {quote} Never say Never ..good example
woke up and saw my target done .

Cheers.
its all about Karma
  • #47,396
  • Oct 17, 2024 10:20pm Oct 17, 2024 10:20pm
Quoting Eringu
{quote} woke up and saw my target done . Cheers.
wonderful.
  • #47,397
  • Oct 17, 2024 10:24pm Oct 17, 2024 10:24pm
gold - 5min
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  • #47,398
  • Oct 17, 2024 10:28pm Oct 17, 2024 10:28pm
Quoting Whale
{quote} why 2726 if i may ask?
Certainly.

Chasing bullish signs all the way up I eventually came to the conclusion this was the final wave extension breakout by measuring the distance between the last major "neckline" against the current move. The equal move would end in the 2726-28 area.

Now listen, making a guess at an exact top is a fool's game I understand. But, i can make assessments based on what I have seen and the current formation points to this zone.
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TechKnow
  • #47,399
  • Oct 17, 2024 10:38pm Oct 17, 2024 10:38pm
For more details, scroll back some, and I do a lot of trading like this. Its very simple, and extremely effective. Hope it makes sense
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TechKnow
  • #47,400
  • Oct 17, 2024 10:39pm Oct 17, 2024 10:39pm
Quoting Techknow
{quote} Certainly. Chasing bullish signs all the way up I eventually came to the conclusion this was the final wave extension breakout by measuring the distance between the last major "neckline" against the current move. The equal move would end in the 2726-28 area. Now listen, making a guess at an exact top is a fool's game I understand. But, i can make assessments based on what I have seen and the current formation points to this zone. {image}
thanks for sharing.
will watch the level if we get there.
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