Attachments: Gold

Gold

#56,701
Dec 18, 2024 10:51am Dec 18, 2024 10:51am

controller
| Joined Mar 2024 | Status: Trader | 1 Post

According to me the market will go downwards

TP 2622

TP 2604
Waiting For Buy

#56,702
Dec 18, 2024 10:53am Dec 18, 2024 10:53am

PushnPull
| Joined May 2024 | Status: Trader | 563 Posts

Luckily, until now gold has been moving as planned. But don't bet on the news. We should ask ourselves, everyone know where lies the supply and demand and yet they push price move anyway, regardless upcoming one last big news of the year. Any entries made before news have very high probability getting backfire hard. SL definitely require

#56,703
Dec 18, 2024 10:59am Dec 18, 2024 10:59am

Deal
Joined Nov 2024 | Status: Trader | 5,206 Posts

Price rejected the EQ of the first weekly December.
This is not random guys.
Retest twice an weekly open that has beem follow through, this price as meaning.

2630 maybe!

EDIT: 2631

#56,704
Dec 18, 2024 10:59am Dec 18, 2024 10:59am

BiteFX
Joined Dec 2018 | Status: Big Operator | 4,525 Posts

Quoting controller

Disliked

According to me the market will go downwards TP 2622 TP 2604 Waiting For Buy

Ignored

Kindly share what you saw that made you come to that conclusion... So that we all can learn one or two from you .

Learn... Work Hard... Trade Alone

#56,705
Dec 18, 2024 11:00am Dec 18, 2024 11:00am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,847 Posts | Online Now

Quoting BeeTogether

Disliked

{quote} fair enough mate, it’s steadier than GU but has these phantom spikes. will keep TP open for tonight if the rates are cut that should weaken the USD not sure how it will affect the gold market

Ignored

stopped at be

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#56,706
Dec 18, 2024 11:13am Dec 18, 2024 11:13am

ElCampeador
Joined Jun 2024 | Status: Trader | 949 Posts

Quoting ElCampeador

Disliked

{quote} Probably bottomed at 33 by now. Lets ride this sh&t up

Ignored

Looks like yesterday's 2633 is the support.

The warrior of good

#56,707
Dec 18, 2024 11:14am Dec 18, 2024 11:14am

Deal
Joined Nov 2024 | Status: Trader | 5,206 Posts

Quoting ElCampeador

Disliked

{quote} Looks like yesterday's 2633 is the support.

Ignored

I bet 2631 that is one of my levels and swip yesterday low... Makes more sense.
I have a buy limit there.

#56,708
Dec 18, 2024 11:16am Dec 18, 2024 11:16am

BiteFX
Joined Dec 2018 | Status: Big Operator | 4,525 Posts

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Risked is off of the table. Buy out at near S1.
We continue to follow the move down without risk.

Learn... Work Hard... Trade Alone

#56,709
Dec 18, 2024 11:27am Dec 18, 2024 11:27am

Deal
Joined Nov 2024 | Status: Trader | 5,206 Posts

Quoting ElCampeador

Disliked

{quote} Looks like yesterday's 2633 is the support.

Ignored

After analising better you are right, is bouncing from the low of the gap that origin the bullish move, that close is strong and important.

Probably looking 2643 again.

#56,710
Dec 18, 2024 11:35am Dec 18, 2024 11:35am

jiddifx
Joined Sep 2022 | Status: Trader | 118 Posts

Gold is hovering near the Day Low with a slight reversal. Last Week's Low is close, and a break below could trigger a bearish move. On the upside, a break above the Day High and Previous Week's High may lead to a bullish rally.

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#56,711
Dec 18, 2024 11:37am Dec 18, 2024 11:37am

Lloyd628
Joined Sep 2024 | Status: Quo | 741 Posts

Quoting Azen

Disliked

Trading is hard. Don't take it lightly. Give it your all like every trade is at full margin, one mistake and it's gone. {image}

Ignored

Fully agree with you. But it doesn't mean it can't be fun.
For me trading gives me the opportunity to try to make a few nushnush, without having to listen to any "boss", without having to f#cking justify anything at all.
I de-personalize the trading world. No lazy bears or hot bulls for me. It's just me against the whales. Trying to find holes in their (pathetically manipulative) game.
Sometimes I win, sometimes I come second. Two steps up, one step down. Rinsed & repeated.

In other news: the earth is flat. Aliens built the pyramids. And god exists

#56,712
Dec 18, 2024 11:38am Dec 18, 2024 11:38am

jiddifx
Joined Sep 2022 | Status: Trader | 118 Posts

Today's event with any changes in data could have a significant impact on the price movement. Keep an eye on these key levels for confirmation.

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#56,713
Dec 18, 2024 11:42am Dec 18, 2024 11:42am

jiddifx
Joined Sep 2022 | Status: Trader | 118 Posts

Quoting Lloyd628

Disliked

{quote} Fully agree with you. But it doesn't mean it can't be fun. For me trading gives me the opportunity to try to make a few nushnush, without having to listen to any "boss", without having to f#cking justify anything at all. I de-personalize the trading world. No lazy bears or hot bulls for me. It's just me against the whales. Trying to find holes in their (pathetically manipulative) game. Sometimes I win, sometimes I come second. Two steps up, one step down. Rinsed & repeated.

Ignored

Well said! Trading truly is a game of independence and resilience. It’s about finding opportunities, playing smart against the big players, and staying focused. Wins and losses are part of the process—two steps up, one step down, rinse and repeat. That’s the trader’s journey!

#56,714
Dec 18, 2024 11:44am Dec 18, 2024 11:44am

jiddifx
Joined Sep 2022 | Status: Trader | 118 Posts

Quoting Deal

Disliked

{quote} After analising better you are right, is bouncing from the low of the gap that origin the bullish move, that close is strong and important. Probably looking 2643 again.

Ignored

Yes.
2643 is important fib level, can expect move.

#56,715
Dec 18, 2024 11:48am Dec 18, 2024 11:48am

Whale
Joined Jun 2013 | Status: Trader | 14,535 Posts

99.9% the rate will decrease to 4.5% what bring dxy down.. not sure how gold react.. maybe fly.ץ first

but later it will fall.. because they will say that the rate will stay for months

#56,716
Dec 18, 2024 12:10pm Dec 18, 2024 12:10pm