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  • #55,721
  • Dec 11, 2024 5:29pm Dec 11, 2024 5:29pm
Wait for retracement before buying.. but dont sell
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  • #55,722
  • Dec 11, 2024 5:33pm Dec 11, 2024 5:33pm
Quoting Sandy1994
Due to CPI news and or the fundamental news that was released this week, this effect will drive Gold to new all times high. Expect Gold to continue rising. I have my eyes on targeting as my take profit level at 2730 as the next resistance leve. Buying Gold. {image}
Thoughts on EU?
  • #55,723
  • Dec 11, 2024 6:05pm Dec 11, 2024 6:05pm
Buy 2719 SL 2710
Learn... Work Hard... Trade Alone
  • #55,724
  • Dec 11, 2024 6:45pm Dec 11, 2024 6:45pm
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  • #55,725
  • Dec 11, 2024 7:33pm Dec 11, 2024 7:33pm
Wow manipulation
  • #55,726
  • Dec 11, 2024 7:35pm Dec 11, 2024 7:35pm
Quoting lucky23forex
Wow manipulation
Sellers took buy orders at 2701 so quick i wanna buy from that too. I wish it goes down to there again
  • #55,727
  • Dec 11, 2024 7:36pm Dec 11, 2024 7:36pm
1st catcc
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LUCKY golden trades, LUCKY gold investor trading style
  • #55,728
  • Dec 11, 2024 7:38pm Dec 11, 2024 7:38pm
100pips reversal from 2700 to 2710 so quickly, around 1 minute, yesterday move might be repeating.
LUCKY golden trades, LUCKY gold investor trading style
  • #55,729
  • Dec 11, 2024 7:41pm Dec 11, 2024 7:41pm
Brothers should remember that the area 2723 +/- peak on November 24th, H4 chart will definitely have a reaction here; while M5 chart gives Sell signal at 2721... and now it can continue at 2710
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  • #55,730
  • Dec 11, 2024 7:45pm Dec 11, 2024 7:45pm
Quoting goldsimp
{quote} Sellers took buy orders at 2701 so quick i wanna buy from that too. I wish it goes down to there again
Wow guys .. wasn't that exciting! .. gotta love this business .. new drama sometime every day.
  • #55,731
  • Dec 11, 2024 7:54pm Dec 11, 2024 7:54pm
Curious as to what is actually going on with these moves and spread blow out. I was short and glad I was watching to exit quickly with more than my daily target. But the situation yesterday, and now this today makes me nervous about what is going on in this market at the moment.
  • #55,732
  • Dec 11, 2024 7:55pm Dec 11, 2024 7:55pm
I admit, I have better success it seems at finding actual gold than I am as a scalper of it on the chart, however, I will say this, I have been on this thread for a long time reading and watching (because im not bashful to admit im not as smart as some of you in this thread, very detailed analysis and intelligent conversation) but I appreciate the knowledge from all of you! Keep up the Gold work!
  • #55,733
  • Dec 11, 2024 7:57pm Dec 11, 2024 7:57pm
Quoting Callum
Curious as to what is actually going on with these moves and spread blow out. I was short and glad I was watching to exit quickly with more than my daily target. But the situation yesterday, and now this today makes me nervous about what is going on in this market at the moment.
Panic I guess
  • #55,734
  • Dec 11, 2024 8:02pm Dec 11, 2024 8:02pm
LOOL the last time we saw these massive 1-5 minute price swings with no NEWS was with the massive bull run back in April earlier this year. Wondering if it's the same story happening again.

Either way, I have been in a long since Monday, added to my winner today. That quick sell was met with a lot of buy limits so it seems to still be a buyers market for now. Depending on price action tomorrow I might add even more longs. This might be the same CHINESE fundamentals lead bull run again. WE'LL see.
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X - https://x.com/macrodave_
  • #55,735
  • Dec 11, 2024 8:02pm Dec 11, 2024 8:02pm
Quoting goldsimp
{quote} Panic I guess
Panic about what though. I keep expecting to see news about war or something along those lines, but so far, nothing.
  • #55,736
  • Dec 11, 2024 8:13pm Dec 11, 2024 8:13pm
Quoting Callum
{quote} Panic about what though. I keep expecting to see news about war or something along those lines, but so far, nothing.
If you've been around in April this has happened already. NO NEWS and just huge selloffs and then push to All Time Highs. Not sure what's happening behind the scenes, maybe some CHINA related stuff but we've seen this type of environment before and the last time it was bullish
X - https://x.com/macrodave_
  • #55,737
  • Dec 11, 2024 8:14pm Dec 11, 2024 8:14pm
  •  Netexec
  • | Joined Oct 2007 | Status: Independent Forex Trader | 21 Posts | Online Now
2699.34 was the low bid this time. 2700 might not last next time.
  • #55,738
  • Dec 11, 2024 8:23pm Dec 11, 2024 8:23pm
Asian Shockwave
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Holy Betting Grail strategy
  • #55,739
  • Dec 11, 2024 8:47pm Dec 11, 2024 8:47pm
I have my 4H pattern playing out.
Already made my 1% in the buy at 2700, so i go wait for more confirmations.
Today i am neutral because with H4 playing out i have no confluence anymore.
Is diferent from NFP and yesterday CPI, it is possible a shift to bearish.
Not granted but today it is.
Wait for my box pattern later on to see if i enter again.
  • #55,740
  • Dec 11, 2024 9:07pm Dec 11, 2024 9:07pm
Quoting Deal
For bull move possible retracement at 2704...2711...2700. Close below 2693.915, is time to start consider a shift from bull to bearish in 15m TF. Always wait for close candles. Resistance to bulls 2738, 2726 Can be 2721, but is suspicious hold because 4H breakout the hight most likely will breakout this price.
Just to remember the plan...
2621 holds, an eye around 2693 now.
For a entry to buy in 15m TF the safe way is waiting for the break of the high of the day, wait for the retest of demand and engage and we are too far from that.
Play the 1H inside bar is also too far by the way i play this pattern to the bull side.

EDit: And we are at yesterday Poc 2695... Confirmations more than needed... Scalp low leverage today. Don't over leverage guys.
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