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  • #57,161
  • Dec 23, 2024 5:38am Dec 23, 2024 5:38am
Quoting saal
gold Sell 2631 SL 2635 TP1 2627 TP2 2623 TP3 2619 TP4 2615
TP1
TP2
TP3
TP4
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Success is not final, failure is not fatal... - Winston Churchill
  • #57,162
  • Dec 23, 2024 5:43am Dec 23, 2024 5:43am
Quoting Praetorion
{quote} Its Christmas .. we are trading 23rd Monday, half of the guys are gone to be with their families .. prolly we trading with bots
With Brokers
  • #57,163
  • Dec 23, 2024 5:54am Dec 23, 2024 5:54am
2616 is Woodie Pivot I incorporated as a pullback level after I confirmed the buy direction... We are ready to fly.
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  • #57,164
  • Dec 23, 2024 5:57am Dec 23, 2024 5:57am
Quoting Praetorion
{quote} I just read your post that is true .. that today the sentiment is bearish, infact it was from last week.. the kinda moves they gave after the FOMC interest rates, should have atleast taken 2638-2636 but i guess tops for Gold has been set in November.. lets see what New Year bring ..
That FOMC candle is really crazy. But, I've seen something like that chart before... It usually enters a bull run. When the high of that FOMC candle is broken.
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  • #57,165
  • Dec 23, 2024 6:09am Dec 23, 2024 6:09am
Gold buy 2617
sl 2613
tp1 2620
tp2 2623
Success is not final, failure is not fatal... - Winston Churchill
  • #57,166
  • Dec 23, 2024 6:33am Dec 23, 2024 6:33am
Are we heading towards 2684 or 2564? The daily chart indicates an upward trend, suggesting a target towards 2684, while the 4-hour chart is pointing downward, indicating a potential target around 2564. Which timeframe will dominate? Will the daily chart’s bullish outlook prevail, or will the bearish pressure from the 4hour chart take control?
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  • #57,167
  • Dec 23, 2024 6:48am Dec 23, 2024 6:48am
Quoting Elliottway
Are we heading towards 2684 or 2564? The daily chart indicates an upward trend, suggesting a target towards 2684, while the 4-hour chart is pointing downward, indicating a potential target around 2564. Which timeframe will dominate? Will the daily chart’s bullish outlook prevail, or will the bearish pressure from the 4hour chart take control?
Teams bulls
  • #57,168
  • Dec 23, 2024 6:53am Dec 23, 2024 6:53am
Quoting Elliottway
Are we heading towards 2684 or 2564? The daily chart indicates an upward trend, suggesting a target towards 2684, while the 4-hour chart is pointing downward, indicating a potential target around 2564. Which timeframe will dominate? Will the daily chart’s bullish outlook prevail, or will the bearish pressure from the 4hour chart take control?
for sure .. 1 5 15 30 1 hr dont dominate the market .. so 4 hr + daily
Candlesticks dont move markets, Volume does
  • #57,169
  • Dec 23, 2024 7:19am Dec 23, 2024 7:19am
Quoting Elliottway
Are we heading towards 2684 or 2564? The daily chart indicates an upward trend, suggesting a target towards 2684, while the 4-hour chart is pointing downward, indicating a potential target around 2564. Which timeframe will dominate? Will the daily chart’s bullish outlook prevail, or will the bearish pressure from the 4hour chart take control?
How is the daily bullish when we've broken structure multiple times ? I mean look at the weekly TF and you'll see
  • #57,170
  • Dec 23, 2024 7:21am Dec 23, 2024 7:21am
Quoting Elliottway
Are we heading towards 2684 or 2564? The daily chart indicates an upward trend, suggesting a target towards 2684, while the 4-hour chart is pointing downward, indicating a potential target around 2564. Which timeframe will dominate? Will the daily chart’s bullish outlook prevail, or will the bearish pressure from the 4hour chart take control?
We don't need to worry; I have the perfect solution for this trend shift. A break above 2622 signals a bullish move, while a break below 2605 indicates a bearish trend. Currently, the price is at 2617.
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  • #57,171
  • Dec 23, 2024 7:24am Dec 23, 2024 7:24am
Quoting Elliottway
Are we heading towards 2684 or 2564? The daily chart indicates an upward trend, suggesting a target towards 2684, while the 4-hour chart is pointing downward, indicating a potential target around 2564. Which timeframe will dominate? Will the daily chart’s bullish outlook prevail, or will the bearish pressure from the 4hour chart take control?
If daily close below the 4h trendline confirm the failed breakout in 4h and in the daily trendline. I Say both are pointing down . But wait for the end of the day. I am expecting the fomc close to BE hit and last week close too. I hadn't an opposite pattern yet for both TF.
  • #57,172
  • Dec 23, 2024 7:32am Dec 23, 2024 7:32am
Quoting Deal
{quote} If daily close below the 4h trendline confirm the failed breakout in 4h and in the daily trendline. I Say both are pointing down . But wait for the end of the day. I am expecting the fomc close to BE hit and last week close too. I hadn't an opposite pattern yet for both TF.
As you often say, today matters, tomorrow will be different. For now, the focus is on the present. With wave analysis, we can’t definitively say whether the close will be above or below the trendline yet. The market is dynamic, and we need to wait for more clarity. Let’s see how things develop before jumping to conclusions.
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  • #57,173
  • Dec 23, 2024 7:32am Dec 23, 2024 7:32am
Team bears here
  • #57,174
  • Dec 23, 2024 7:39am Dec 23, 2024 7:39am
Quoting Elliottway
{quote}As you often say, today matters, tomorrow will be different. For now, the focus is on the present. With wave analysis, we can’t definitively say whether the close will be above or below the trendline yet. The market is dynamic, and we need to wait for more clarity. Let’s see how things develop before jumping to conclusions.
Of course! Is why i said better wait. For the day the odds are bearish. In terms of confluence i can have One more in 1h, if friday had a solid breakout a smooth 21 sma should hold the price and it didn't. My box pattern play out perfectly and when the trend is in favor plays more than 1 deviation and it did. Team bearish NY can retrace a little to then continue.i really believe that London already make the high of the day.
  • #57,175
  • Dec 23, 2024 7:40am Dec 23, 2024 7:40am
Out of the six things I check for a reversal, the Short move only had one checked, the remaining five were not. So, I am still Long.
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  • #57,176
  • Dec 23, 2024 7:41am Dec 23, 2024 7:41am
Quoting BiteFX
Out of the six things I check for a reversal, the Short move only had one checked, the remaining five were not. So, I am still Long.
Friday had all six checked for the Long reversal day...
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  • #57,177
  • Dec 23, 2024 7:43am Dec 23, 2024 7:43am
Quoting BiteFX
{quote} Friday had all six checked for the Long reversal day...
For me it haven't One... Doesnt close above the high.
  • #57,178
  • Dec 23, 2024 7:47am Dec 23, 2024 7:47am
Quoting Deal
{quote} Of course! Is why i said better wait. For the day the odds are bearish. In terms of confluence i can have One more in 1h, if friday had a solid breakout a smooth 21 sma should hold the price and it didn't. My box pattern play out perfectly and when the trend is in favor plays more than 1 deviation and it did. Team bearish NY can retrace a little to then continue.i really believe that London already make the high of the day.
Right now, the consolidation range is fixed between 2605 and 2622. If the New York session pushes down, we should see it test near 2605. Personally, I believe the 5-wave count from 2724 is finished, and we could see a move up to 2664–2684. However, I’m waiting for a clear break to confirm the trend. A break below 2605 would be a big surprise for me. Let’s see how it plays out.
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  • #57,179
  • Dec 23, 2024 7:49am Dec 23, 2024 7:49am
Quoting Deal
{quote} For me it haven't One... Doesnt close above the high.
You're so funny chief.
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  • #57,180
  • Dec 23, 2024 7:50am Dec 23, 2024 7:50am
Quoting Deal
{quote} Of course! Is why i said better wait. For the day the odds are bearish. In terms of confluence i can have One more in 1h, if friday had a solid breakout a smooth 21 sma should hold the price and it didn't. My box pattern play out perfectly and when the trend is in favor plays more than 1 deviation and it did. Team bearish NY can retrace a little to then continue.i really believe that London already make the high of the day.
exactly
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