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  • #57,441
  • Dec 26, 2024 9:11am Dec 26, 2024 9:11am
Quoting Elliottway
{quote} The price has now reached the buy zone at 2622, with the upside target between 2641 and 2643. However, if 2622 breaks and moves below 2600, the target will shift lower. Wishing you a successful trade Enjoy the day! {image}
Good number
Holy Betting Grail strategy
  • #57,442
  • Dec 26, 2024 9:12am Dec 26, 2024 9:12am
Quoting BiteFX
{quote} {image} 2633 will soon fall... Babylon is fallen!
I take the buy at 2631.03
My box played for both sides.
There are bullish momentum on 15m to Higher prices.
  • #57,443
  • Dec 26, 2024 9:12am Dec 26, 2024 9:12am
Quoting Commodities
Short 2626.29
Swapped bias, more war headlines so buying here, aiming for 2640, bye bye 2620 range
  • #57,444
  • Dec 26, 2024 9:16am Dec 26, 2024 9:16am
Quoting Deal
{quote} I take the buy at 2631.03 My box played for both sides. There are bullish momentum on 15m to Higher prices.
H1 also showing momentum...
Partials at 2636 is the plan. Already breakeven.
  • #57,445
  • Dec 26, 2024 9:21am Dec 26, 2024 9:21am
Taking a sell here, we're at the top of the range and the 1h and 4h have only just started, this move was spearheaded by War headlines which means the market will cool down and price accordingly now that the hype of a headline is gone

2622 remains the target
Attached Image (click to enlarge)
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  • #57,446
  • Dec 26, 2024 9:26am Dec 26, 2024 9:26am
Quoting Deal
{quote} I take the buy at 2631.03 My box played for both sides. There are bullish momentum on 15m to Higher prices.
There were failed buy moves before that rate cut fall... So, I think the market will go back up and try to balance up before sellers might be interested again in higher prices. Yes, higher prices we go.
Learn... Work Hard... Trade Alone
  • #57,447
  • Dec 26, 2024 9:30am Dec 26, 2024 9:30am
Quoting BiteFX
{quote} There were failed buy moves before that rate cut fall... So, I think the market will go back up and try to balance up before sellers might be interested again in higher prices. Yes, higher prices we go.
My deviation Say at least 2636, let's see.
  • #57,448
  • Dec 26, 2024 9:30am Dec 26, 2024 9:30am
Quoting Bakker
{image} Will take some profit when striking 1000p
Six times a month you can collect 1000p, $6000 not bad for a little effort!
  • #57,449
  • Dec 26, 2024 9:34am Dec 26, 2024 9:34am
You can do the same with Brent and West Texas
  • #57,450
  • Dec 26, 2024 9:35am Dec 26, 2024 9:35am
Quoting satheesh
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB

towards the target
Read the chart... Fundies are catalyst...
  • #57,451
  • Dec 26, 2024 9:51am Dec 26, 2024 9:51am
Quoting BiteFX
{quote} There were failed buy moves before that rate cut fall... So, I think the market will go back up and try to balance up before sellers might be interested again in higher prices. Yes, higher prices we go.
I mentiom One of this days if monthly close above 2634 sellers should loose the momentum. That close is important. Some of you can see the Open 2633.. that zone as meaning in a monthly perspective.
  • #57,452
  • Dec 26, 2024 10:04am Dec 26, 2024 10:04am
Taking partials. Didn't close above 2636.42 that was my pattern deviation. Doesnt mean Will not go further.
Talking about 1h TF.
  • #57,453
  • Dec 26, 2024 10:31am Dec 26, 2024 10:31am
Quoting Elliottway
{quote} The price has now reached the buy zone at 2622, with the upside target between 2641 and 2643. However, if 2622 breaks and moves below 2600, the target will shift lower. Wishing you a successful trade Enjoy the day! {image}
I entered a long position at the 2633 level, with a target range between 2641 and 2643.
Attached Image (click to enlarge)
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SURFER
  • #57,454
  • Dec 26, 2024 10:38am Dec 26, 2024 10:38am
In this H4 chart, we can see the bearish rising wedge has been respected, as well as the 200 SMA (Blue). This could be the top for gold. We may be headed to the 2500 plus area next.

I am short at 2635. TP open.
Attached Image (click to enlarge)
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Observation is the path to discovery.
  • #57,455
  • Dec 26, 2024 10:44am Dec 26, 2024 10:44am
The Daily chart shows today´s test of the broken trendline from below. If it holds, It could start the way down to the 200 SMA (Blue) at around 2500.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD,Daily.png Size: 110 KB
Observation is the path to discovery.
  • #57,456
  • Dec 26, 2024 10:51am Dec 26, 2024 10:51am
Quoting Xauusdscalpr
Price currently stuck in this range, I don't think it will last for long, that previous 4h candle close closing below the range indicates to me that price wants to move down, this may be the creation of a top wick before the move continues down {image}
after this 1h close there's 1 more 1h candle to complete the current 4h candle, if its as bearish as this one it will be a very juicy weak bullish candle with a nice long rejection wick which would indicate loss of momentum from the bulls.
Attached Image (click to enlarge)
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  • #57,457
  • Dec 26, 2024 10:58am Dec 26, 2024 10:58am
Quoting BiteFX
{quote} 2687
nice shot
  • #57,458
  • Dec 26, 2024 11:05am Dec 26, 2024 11:05am
B$ LO @ 2628... Waiting for ya again! Chicken head.
Learn... Work Hard... Trade Alone
  • #57,459
  • Dec 26, 2024 11:07am Dec 26, 2024 11:07am
My pattern at 1H didn't close above 2636.42 by 5 points lol
God bless my partials
I still saying that 2634 or 2633 is important to the sharks, this month we are fighting for that price.
November rejected once, December rejected the EQ of that rejection. Is not random!
  • #57,460
  • Dec 26, 2024 11:11am Dec 26, 2024 11:11am
Quoting BiteFX
B$ LO @ 2628... Waiting for ya again! Chicken head.
Also, B$ LO @ 2627... We are waitieeeeeeeng.
Learn... Work Hard... Trade Alone
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