Gold

Another PB for long to make the 3000?

i think yesz

price took out the Friday high and drop
some, now it took last week high and drop quick but structure still hold... next is the ATH?


trade what you see, not the fantasy

pb can extend below 2934 to 2915 , to even over 2876, so may watch for reconfirm 1st confirmation 2918

updte : once bounce around pb , should go over 2944 to continue bear !

move sl to 2945, 10 lots

TP1 Today Asian Low 2921
TP2 Old Low 2916
TP3 Previous Old Low 2906(discount array) IMO

nice drop from 2950,
as i mentioned anything above 2950 without solid fundamentals may not hold much water,
and that is almost 20$ drop i see in 1 hour 2956 to 2935 that is why i stay away most of the times,
i hope you guys have made some profit before it dropped,
and it may very well go up again who knows,
but this week we have PCE and other big news that could change the sentiment of traders,
so gold is not very good option for me i am happy with YEN now a days,
anyways GOOD luck guys,
just remember, Its all about consistency and dont Rush into a trade just because a pair is Moving the FOMO is very very hard to control i still strugle with it sometimes even after 11 years being solely dependent on this market,
no job nothing, this market to be honest had been great tool for me,
but i will admit i had been wrong more times then i can count so that is why i dont post where i am buying or selling,
people may follow my trades and then loose money,
there is a system to be followed carefully and Risk vs reward is not like other markets,
i have found many people on FF and other platforms, no offense but htey dont see the real problem with their Risk and reward and specially leverage,
and if you think you an survive in this market trading with 10:1 and 20:1 leverage trades,
then talk to me after 5 years and we will see how much have you made or lost,
leverage can be a great tool to make money in this market,
but most traders dont understand the concept of Leveraged trading,
treat is like any other business you don't expect ot get 20% or 50% profit from a grocery shop so
think like a businessman not a greedy trader,
and trust me, sometimes a simple shift in mindset can be life changing.
actually that is the reason i am making not me but my video editor is crafting the video's
i have written scripts on personal experience thats all,
just Survive in this market and money will always be there,
it has nothing to do with how intelligent you are,
as they say, "time in the market Beats Timing the market"
soo many traders are trying to predict the future moves,
its not impossible and also not easy for long term sure 70% of the time traders pro specially are right about the long term moves,
problem is short term moves which hurts most traders,
the fear the greed the leverage soo many things the phycology of money is an illusion
trust me like any other relationship in your life a family brother sister wife GF mother father
money is also a relationship
how stron your relationship is with this piece of paper or numbers now a days,
determines where you will end up with how much and how fast.
so try to understand how you see money vs how others see and you may find it hard to believe but that is something, we all need to do and trust me once you have developed a relationship and understood how you see it, you hopefully can escape the 9-5 job which for most is just a dream,
but dreams only come true when you see them right?
but there is more you have to work for it,
its your life your choice,
all i can tell you is the wealthy see money as a tool, to build Real wealth,
and coming back to trading,
there is a lot of things retail traders never even know exists,
the life style you are used to today in 5 years it will hard to keep up,
why is that? how inflation effects our savings and where inflation comes from what drives it,
why the FED care about when they can print money out of thin air and distribute it to the banks to increase wages,
so many questions i had a decade ago and it took me 10 years to actually find the answers,
it sounded stupid to some people, but it helped me a lot better understanding of money, economy, helped me build a strategy.
but when i started asking people thought i was stupid but as Bruce lee said
if you ask a question you are fool for a minute if you dont you are fool for ever
anyways point is ask question no matter how stupid it may sound,
and find the right answer and take action
that was a big message i was writing a script i hope that helps,
i am not sure it will but who knows.
Good luck

Thankyou Kind sir, i will heed to your advise and i appreciate you taking out your time to write this out .
I hope you prosper in whatever you are doing
Thanks, much appreciated

well said and good advice.

Candle gift another sign. Another reschedule. Waiting is painful. IMO

thank you.

The day is over, it will be dificult get the sellside today again aka Asian low...
Perhaps tomorrow...
It seems now i am a MM... So to please those people...
My sell trade again just au point....

And good luck for tomorrow...

EDIT: Price most likely is testing 2944

Reschedule candle - prices failed to break. been SL

no selling yet for gold after buyers are trapped where i too was trapped.
i should post this before the fall of gold in H4 where a staircase was spotted but i forgot. but no selling yet.
if the current bar H4 fail to break the high. still no selling, wait for the next bear bar to form bearish and sell it.
i disregard my lovely dove for sell in M30. not watching when this happens coz my eyes are tired and just a second i fell asleep for a moment.

keep watching, its shows some wild acting based this volume i see

for gold swingers to short, wait for the daily to have lovely dove (as shown in the previous or above post) and strong volumes to form.
scalpers take a ride with H4 H1 M30 with volumes also and a staircase of something to form like a lovely dove.
anyway, allow me to give an example daily of btc with my lovely dove reverso signal and volume

Further continuation movement on Gold. It will continue to buy as it's currently holding an uptrend movement momentum. I am going to scalp it and take profit at 2960. Even if RSI is overbought among all timeframes, the market makers will keep pushing higher creating a new higher high.

Buy! buy!

dont be hurry to buy

BUY

short 2950, sl 2954