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  • #51,261
  • Nov 11, 2024 11:51am Nov 11, 2024 11:51am
Decided to stay away from Gold today and went was Nasdaq instead.

Usually I’d have closed but tempted to continue holding as I believe it’s way overbought. Question is, what do you guys think genuinely???
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  • #51,262
  • Nov 11, 2024 11:52am Nov 11, 2024 11:52am
A swipe of 2611.460 i will buy for scalp to 2618.685
  • #51,263
  • Nov 11, 2024 11:53am Nov 11, 2024 11:53am
Quoting Haks
Decided to stay away from Gold today and went was Nasdaq instead. Usually I’d have closed but tempted to continue holding as I believe it’s way overbought. Question is, what do you guys think genuinely??? {image}

Close while in profit!!
  • #51,264
  • Nov 11, 2024 12:08pm Nov 11, 2024 12:08pm
Quoting NrSLionHeart
{quote} Close while in profit!!
I second that.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,265
  • Nov 11, 2024 12:15pm Nov 11, 2024 12:15pm
Hope I made the right decision. Thanks guys
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  • #51,266
  • Nov 11, 2024 12:16pm Nov 11, 2024 12:16pm
Quoting W0lfram
With this structure it looks like ATH first {image} Anyway, lower prices will come. That's what the statistics say
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{image} (*outlier = takes 200+ days for a pattern to be marked as completed and successful. 25/3900*)
Quick stats update. One gone.
I myself skeptical about prices below 2k next year, but good start
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Air force
  • #51,267
  • Nov 11, 2024 12:51pm Nov 11, 2024 12:51pm
Quoting Deal
A swipe of 2611.460 i will buy for scalp to 2618.685
Done again.
Didn't close 50% profit and breakeven, i will try reach 2643.200!

Possible retracement at 2615.810 but is what it is....
  • #51,268
  • Nov 11, 2024 1:01pm Nov 11, 2024 1:01pm
https://www.forexfactory.com/thread/...2#post15055542
on the road to <2400
XAUUSD H4
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short active 2785,2784,2783,2709
(they all have SL in win - there will not follow hedge against this positions from the upper side
= in this case project finishes with no losses)
long direction is only traded from the bottom
long and pending orders are no longer specified here.

assets, 1 day (Government Bonds Yields 2y-closed today)
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  • #51,269
  • Nov 11, 2024 2:00pm Nov 11, 2024 2:00pm
Gold sell at 2619, TP is 2585
can I'm Right??
shoaib
  • #51,270
  • Nov 11, 2024 2:08pm Nov 11, 2024 2:08pm
Quoting ShoaibHassan
Gold sell at 2619, TP is 2585 can I'm Right??
wait for usd might crash popping gold up one last time
  • #51,271
  • Nov 11, 2024 2:27pm Nov 11, 2024 2:27pm
Quoting Haks
Decided to stay away from Gold today and went was Nasdaq instead. Usually I’d have closed but tempted to continue holding as I believe it’s way overbought. Question is, what do you guys think genuinely??? {image}
I think you're an amazing trader pls do let us know whenever you about to make a move in the market
  • #51,272
  • Nov 11, 2024 2:36pm Nov 11, 2024 2:36pm
Didn’t anticipate this number so quickly.

A few messages saying “take while in profit” spooked me, so I did.

Only issue is, where do I go next
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  • #51,273
  • Nov 11, 2024 2:36pm Nov 11, 2024 2:36pm
Quoting ShoaibHassan
Gold sell at 2619, TP is 2585 can I'm Right??
Gold is buying atm and i'm thinking if it's better to add sells at ending of US session and then let Asia do the rest? Suggestions pls
  • #51,274
  • Nov 11, 2024 2:38pm Nov 11, 2024 2:38pm
Quoting Interesting0
{quote} wait for usd might crash popping gold up one last time
Yes i agree but when is good time to add sells? End of US session?
  • #51,275
  • Nov 11, 2024 2:41pm Nov 11, 2024 2:41pm
Quoting oliverlee
Didn’t anticipate this number so quickly. A few messages saying “take while in profit” spooked me, so I did. Only issue is, where do I go next {image}
Well I believe we did the right thing. Profit is profit no matter how big or small.

We have no idea where price is heading to so why not book profits and patiently wait for new entry.
  • #51,276
  • Nov 11, 2024 2:46pm Nov 11, 2024 2:46pm
Quoting JuicyFX
{quote} I think you're an amazing trader pls do let us know whenever you about to make a move in the market
Thank you. I usually don’t post ideas because I mostly do it out of instinct and sometimes trade at odd times (i.e Asia session when most traders are probably sleeping). Plus I also trade other assets apart from gold so probably won’t be ideal sharing it here.

I will try to share going forward if I get the opportunity however.
  • #51,277
  • Nov 11, 2024 2:48pm Nov 11, 2024 2:48pm
Quoting Haks
{quote} Well I believe we did the right thing. Profit is profit no matter how big or small. We have no idea where price is heading to so why not book profits and patiently wait for new entry.
Thanks for the reply, sound advice. I’m new to this! Spending more time researching than trading the last 6 months
  • #51,278
  • Nov 11, 2024 2:58pm Nov 11, 2024 2:58pm
Unless someone find a way to triple or double gold in this planet, this is a market to buy!
I am seeing many people talking about sell, but forget this small concept.
The big boys are changing assets and one of them is gold! Just It! At some point it will retrace if not test the highs.
If anyone want to sell it is cleary possible but the odds clear could turn against them.
Never hold sells to long or some money will be on the table soon or later!
  • #51,279
  • Nov 11, 2024 3:52pm Nov 11, 2024 3:52pm
Quoting JuicyFX
{quote} Yes i agree but when is good time to add sells? End of US session?
right now personally do nothing just had a decent correction not sure if it’s going more, dx got rejected at top so unsure. 50:50 if I was to gamble then inclined to buy with short term trend for short term, medium term is down but long term is not fully broken could go back up… daily upward channel support bounce.
  • #51,280
  • Nov 11, 2024 4:07pm Nov 11, 2024 4:07pm
gold - 12/nov/24
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