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  • #56,101
  • Dec 13, 2024 11:26am Dec 13, 2024 11:26am
Is this a possible scenario ?

there is a possibility because of the on going geopolitical issues people are attracted to safe assets.

In this case if the current move gets momentum and not just a small correction we might have a wave 3?
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  • #56,102
  • Edited 11:44am Dec 13, 2024 11:33am | Edited 11:44am
Quoting MrFanciful
I'm giving up on gold after today. I made a really nice profit this last week on GBPUSD and I'm getting raped by XAU again. I hate with an absolute passion.
Do you use Ctrader? (I think I've seen an image posted from you that's ctrader)

Get Luc FVG Gap Inbalance from Ctrader site indicator section & get Ehlers MESA adaptive moving average. (MESA is quite similar to PSAR it works with acceleration) its adaptive and very good at show trend and went to exit

https://ctrader.com/algos/indicators/show/2812/
https://ctrader.com/algos/indicators/show/4383/

Only go long if MESA is blue & there are bull 4hrs FVG's on chart
Only go short if Mesa red & bear 4hrs FVG's on the chart
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  • #56,103
  • Edited 11:51am Dec 13, 2024 11:38am | Edited 11:51am
Quoting Siawosh
Is this a possible scenario ? there is a possibility because of the on going geopolitical issues people are attracted to safe assets. In this case if the current move gets momentum and not just a small correction we might have a wave 3? {image}
It have Demand around 2647.455 on H4 that aligns with one of my pattern TP, it is possible go there, is the origin of the bullish momentum this week

EDIT: And the EQ of the daily consolidation that aligns with a Monthly close at 2634
  • #56,104
  • Dec 13, 2024 11:43am Dec 13, 2024 11:43am
I bought 2658 SL 2654.
  • #56,105
  • Dec 13, 2024 11:52am Dec 13, 2024 11:52am
In 2 days sold off almost everything bought in three days. Crazy!
Learn... Work Hard... Trade Alone
  • #56,106
  • Dec 13, 2024 12:00pm Dec 13, 2024 12:00pm
Quoting BiteFX
In 2 days sold off almost everything bought in three days. Crazy!
Also can be repricing at 2655.695
  • #56,107
  • Dec 13, 2024 12:30pm Dec 13, 2024 12:30pm
Quoting vankiepsauff
short 2682.60 , 20 lots
closed all at 2655
vankiepsauff@gmail
  • #56,108
  • Dec 13, 2024 12:31pm Dec 13, 2024 12:31pm
Im buying between 2652-2648
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  • #56,109
  • Dec 13, 2024 12:46pm Dec 13, 2024 12:46pm
Surprise at a friday last H4 candle wants to fullfill yesterday daily range... WOW
  • #56,110
  • Dec 13, 2024 12:59pm Dec 13, 2024 12:59pm
Quoting Praetorion
Monday High to be tested {image}
posted this level in the morning... wonder who all benefitted from this .. Beautiful weekending .. Monday is bearish ..
Candlesticks dont move markets, Volume does
  • #56,111
  • Dec 13, 2024 1:07pm Dec 13, 2024 1:07pm
Beautiful Touch and retreat of RDL
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Candlesticks dont move markets, Volume does
  • #56,112
  • Dec 13, 2024 1:24pm Dec 13, 2024 1:24pm
If I followed half of my mark ups... broke through the first zone, retested then continued down to the next... I set my tp for 50 and my sl to 25 and left.. got 50, but if I had been here monitoring, anyway, Gold is tough to trade for sure, but I feel that since I can find it pretty easily, that I should trade it lol sometimes it hasn't been the best decision haha
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  • #56,113
  • Dec 13, 2024 2:05pm Dec 13, 2024 2:05pm
Quoting BiteFX
In 2 days sold off almost everything bought in three days. Crazy!
Oh i see, you took many SLs trying to buy all this time..... I hope you learned something from it, fam. Keep pushing
Every Step counts!
  • #56,114
  • Dec 13, 2024 2:19pm Dec 13, 2024 2:19pm
Quoting Tradersview-
{quote} Still downside not yet finished,tp given in my tele waiting fr tp to hit 2650-61 crucial support
Good hit.
Got new subscribers nd investors,hope to do best
Price at monthly Pivot, below this break of 40 ,free fall to 2622-08

Happy Weekend
  • #56,115
  • Dec 13, 2024 2:31pm Dec 13, 2024 2:31pm
It will reflect on Monday
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  • #56,116
  • Dec 13, 2024 2:53pm Dec 13, 2024 2:53pm
GOLD would be EASY...................IF can trade without a STOP
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It takes a lot for me to IGNORE you, but you can try.
  • #56,117
  • Dec 13, 2024 2:53pm Dec 13, 2024 2:53pm
2647.455 2647.455 2647.455 2647.455 2647.455
Serious that i am watching from the outside???
No wick friday? OMG
  • #56,118
  • Dec 13, 2024 2:55pm Dec 13, 2024 2:55pm
Quoting Deal
{quote} It have Demand around 2647.455 on H4 that aligns with one of my pattern TP, it is possible go there, is the origin of the bullish momentum this week EDIT: And the EQ of the daily consolidation that aligns with a Monthly close at 2634
Gold don't wait for nothing...
  • #56,119
  • Dec 13, 2024 3:24pm Dec 13, 2024 3:24pm
Closed the sell from 2675 at 2648.

it feels good to have nothing in at the weekend.

no eye on Asia, just relax
  • #56,120
  • Dec 13, 2024 4:32pm Dec 13, 2024 4:32pm
Gold is corrrecting. The trend is still up. Not sure if we will see a new ATH at this point. Time will tell.
The warrior of good
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