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Gold

Quoting ElCampeador
{quote} I understand. I love your train stations. keep it up.
Simple words is S E L L
We learn new things daily
Quoting PatienceFx
{quote} Simple words is S E L L
And tati means army and tati khanna is army camp
We learn new things daily
Quoting Saulfx
The possibility of a triple top forming is very real, however the price may retest 2720 before the dump so caution for any buys. I'm unsure why some would interpret the most recent US macro news being bad for the USD, it's indicative of a recovering post-COVID economy with inflation stabalizing, all quite good for the USD. Throw in the upcoming tarrifs by the Trump administration and you're looking at a solid correction to contract the paper Gold market before the next bull run up to an ATH which is around when the USD will start to feel pressure...
Looks like the triple top has begun to form. Whether or not the price will continue fall depends on three critical factors:
1. The first being the support @2685-88 which lines up with the 4hr swing low trend line & 50MA.
2. Breaching #1 the price will continue to retest the daily swing low trend line which should be at around 2653-58 (depending on what date/ time the price reaches that area). Past this point the triple top is pretty much confirmed, therefore failing to retest the ATH of 2790 resulting in the beginning of a downward correction into monthly moving averages, this is something that occurs for all parabolic market movements and gold is no execption (Gold monthly ranges typically sit between 50-100, it's currently 150).
3. The speed of the fall: right now the daily & 4hr range is still low, should this pace continue (at a slow and steady rate) then that indicates a high probability of a move towards lower lows. Should the range pick up with sharp drops into #1 & #2 , any short takers should look to take profit/ partial profits as the market could move higher with the support of the current upwards trend with existing buy orders set at these two bullish areas of value. Any new long positions should take caution and only look to get in to capture any potential upward movements at these two key levels.

I'm not sure why my initial post ruffled some feathers, I provided objective evidence backing one opinion which was immediately dismissed as nonsense by some which appear to be emotionally driven (perhaps due to existing positions & position size resulting in a biased market outlook). All I have to say is that the market is as much as an information/ numbers game as it is a psychological one, yes a bearish outlook is going against a bullish trend however just remember that a trend is a trend, until it isn't and that's where information (fundamentals) and numbers (technicals) are critical. Fundamentals reshape markets and technicals help you profit from it.
Quoting PatienceFx
{quote} Simple words is S E L L
Si señor, a great time
Eight-Day System
Quoting Praetorion
{quote} This image, in my opinion, does not accurately represent true order flow. To clarify, Maria's explanation is partially correct. When you place a stop-loss order for a trade, it does not immediately appear in the order book. Why? Because a stop-loss order is conditional by nature. It remains inactive until the market price reaches the specified stop price, also known as the trigger price. Once the stop price is reached, the stop-loss order is converted into a market order (or sometimes a limit order). At this point, the order becomes visible...
Great Post!, I appreciate of you knowledge
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Monday
B$ and S$
Learn... Work Hard... Trade Alone
Good morning to the real traders, who by the way must be less than 5% of members in the entire forexfactory. the rest are bots and some humanoid supervising them. Since they are ultimately programmed, they end up giving a lot of information about what is behind the curtain but you have to be very careful because the ultimate goal is to deceive you. Arguing with three bots doesn't matter to me, but I know that in the end the highest ranking people see it. which is what I do like. . The industry has been short and under water for several days and desperate and convinced that they will be able to lower the price, not only can they see your orders but, your accounts, your balances, your margins and if you rise to a level of excellence, also They will see your Whatsapp and listen to what you say. the chart interacts with your comments on the forums to discredit you. In fact, before you place an order, they already know that you are going to place it because human beings are repetitive and have customs and habits. You should always distrust those members who speak in favor of the industry and all those who give likes aftereards so you know who is who. Being here is really toxic if you know all this but it stimulates me, I like challenges and fighting injustices.
Eight-Day System
Quoting BiteFX
{image} Monday B$ and S$
What does it mean?
((B$ and S$))
Do not get emotional when you gain or lose
An intresting naked charts gold trading strategy video whilst we wait for the markets to open.

Inserted Video
"Cut your loses short and let the winners Run"
Quoting ElCampeador
Good morning to the real traders, who by the way must be less than 5% of members in the entire forexfactory. the rest are bots and some humanoid supervising them. Since they are ultimately programmed, they end up giving a lot of information about what is behind the curtain but you have to be very careful because the ultimate goal is to deceive you. Arguing with three bots doesn't matter to me, but I know that in the end the highest ranking people see it. which is what I do like. . The industry has been short and under water for...
just wondering if you were during the era of Redsword1? just out of curiosity
Quoting mohrali
{image}
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Do not get emotional when you gain or lose
Quoting worldbankinc
{quote} UPDATE | Trade Idea 02-2025 triggered SELL trade {image}
NEW | XAUUSD Trade Idea 03-2025 just release...while waiting Trade Idea 02-2025 to hit TP

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Quoting Praetorion
{quote} just wondering if you were during the era of Redsword1? just out of curiosity
I have no idea what you're talking about. I was a teenager under Franco's regime. Did some computing , also being a teenager for three years in London.
Eight-Day System
Quoting meck1
An intresting naked charts gold trading strategy video whilst we wait for the markets to open. https://youtu.be/aZY6VWfqJDU
Basically what i am following, thanks for share.
To this i adding the fractal of market and correct his entries. Entries at wicks if a certain hidden candle did his job. If not his SL is wrong, the entrie is wrong and RR wrong too. Was why he loose in first example seems to me.
But at long run with such risk reward can be profitable, didn't backtest it.
And never forget institucional price range to apply this. Is needed to know wich side has more probability to follow this strategy. Because in here is the tweak for the correct TP. They have to be in confluence! It have to close above 50% etc.
Is a way that many people here should study a lot to start knowing the patterns that happen in the close of previous candle and the open of a new candle, never forgeting the higher TF prevale.
And finally never assume that will work 100% because it won't! And when it didn't work that price range have an important task in hands.
This with time and price applied makes a big big diference, because you only not know your Tp but you will most likely know a retrace point and hour if not a top or a bottom.
Hope it helps you.
Quoting ElCampeador
{quote}I have no idea what you're talking about. I was a teenager under Franco's regime. Did some computing , also being a teenager for three years in London.
pienso que se refiere a alguien del pasado del fórum
Gold - 15min...
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Quoting oliverlee
{quote} pienso que se refiere a alguien del pasado del fórum
Ah. Pues no. Gracias
Eight-Day System
Quoting Hulkisbck
Gold - 15min... {image}
Bro can I get this indicator
GT All Time Return: 64.5%
so far previous d top hold as possible triple top formation but minimum limit down for up 2695.95 intact. good limit broken though at 2702 and even breaks next market open still top ranging possible before the failure . so will take time to act this swing down ! take care
in smaller tf , price may stay close below H4 2703 while bounce likely just above 2707, so will look for bear over it or below 2698.
take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Have a good weekend everyone!

This week I made a profit of 334 pips, an excellent week with only two losses. I've already accumulated a return of 23.53% this month.
Last year I started losing around 30 per cent of my account, what a difference start of the year.
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DAC
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