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  • #70,361
  • Apr 2, 2025 2:33am Apr 2, 2025 2:33am
After attempting a buy trade yesterday and getting stopped out ….. I would attempt a liquidity trade today again…. And if I don’t get it right …. I’m taking a break , because the movements I am seeing irritates me and I am
not familiar with it !
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  • #70,362
  • Apr 2, 2025 2:37am Apr 2, 2025 2:37am
Gold has been rising steadily and is now trading near 3,115, approaching the 3,120 resistance. The RSI is at 70.89, which indicates it's in overbought territory. This suggests that a pullback could be imminent.
Key levels to watch:

  1. Resistance: 3,120. If the price breaks this level, we could see further gains towards 3,150 or 3,200.
  2. Support: 3,100 and 3,080. If the price pulls back, these levels may act as support.

Since the RSI is close to 71, indicating that Gold is overbought, it’s possible that we’ll see a correction or consolidation before further upside. If the price drops back to 3,100 or 3,080, it could offer a good buying opportunity.
If Gold breaks below 3,080, the next support zone would be around 3,050-3,040.

  • #70,363
  • Apr 2, 2025 2:37am Apr 2, 2025 2:37am
Quoting Nbafx-
After attempting a buy trade yesterday and getting stopped out ….. I would attempt a liquidity trade today again…. And if I don’t get it right …. I’m taking a break , because the movements I am seeing irritates me and I am not familiar with it ! {image}
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  • #70,364
  • Apr 2, 2025 2:49am Apr 2, 2025 2:49am
Waiting patiently, it was so close to sl.
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`“Edge = Faith + Truth + Patience + Discipline + Execution.”`
  • #70,365
  • Apr 2, 2025 2:52am Apr 2, 2025 2:52am
full closed.
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`“Edge = Faith + Truth + Patience + Discipline + Execution.”`
  • #70,366
  • Edited 3:40am Apr 2, 2025 3:01am | Edited 3:40am
not convincing but it bounce exaggerated over 3122. should back, resistance 3128/31 , watching
limit down 3118
update 3131+ tested . more than enough high , watching early signal at 3127 to start any short scalping if ! and early confirmation the 3123
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #70,367
  • Apr 2, 2025 3:05am Apr 2, 2025 3:05am
gold sell 3126
sl 3136
tp1 3116
tp2 3106
tp3 3096
tp4 3086
tp5 3076
Success is not final, failure is not fatal... - Winston Churchill
  • #70,368
  • Apr 2, 2025 3:12am Apr 2, 2025 3:12am
Quoting MRProfit21
{quote} {image}
yah , I know what I’m saying …. I’m a structure trader, and ever since febuary , Gold hasn’t been following structure …. But before this , it was really great
  • #70,369
  • Apr 2, 2025 3:21am Apr 2, 2025 3:21am
Setting up a reversal scalp trade—watching for a quick reaction off this level.
Potential 1:3 RRR setup if price moves in our favor. Keeping it tight with proper risk management. Let’s see how it plays out.
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  • #70,370
  • Apr 2, 2025 3:25am Apr 2, 2025 3:25am
Quoting FXreversal
Setting up a reversal scalp trade—watching for a quick reaction off this level. Potential 1:3 RRR setup if price moves in our favor. Keeping it tight with proper risk management. Let’s see how it plays out. {image}
wait for 3130
`“Edge = Faith + Truth + Patience + Discipline + Execution.”`
  • #70,371
  • Apr 2, 2025 3:29am Apr 2, 2025 3:29am
Quoting FXreversal
Setting up a reversal scalp trade—watching for a quick reaction off this level. Potential 1:3 RRR setup if price moves in our favor. Keeping it tight with proper risk management. Let’s see how it plays out. {image}
SL got hit on the 1:3 RRR setup—this one didn’t work out. Part of the process. Just sticking to the plan and managing risk as always.
  • #70,372
  • Apr 2, 2025 3:30am Apr 2, 2025 3:30am
i am going to sell 3130 to 3120.
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`“Edge = Faith + Truth + Patience + Discipline + Execution.”`
  • #70,373
  • Apr 2, 2025 3:34am Apr 2, 2025 3:34am
Quoting Nbafx-
{quote} yah , I know what I’m saying …. I’m a structure trader, and ever since febuary , Gold hasn’t been following structure …. But before this , it was really great
Agree, I have found gold difficult to trade recently. I'm not trading until things have settled down with these tarrifs.
  • #70,374
  • Apr 2, 2025 3:37am Apr 2, 2025 3:37am
Quoting Nbafx-
{quote} yah , I know what I’m saying …. I’m a structure trader, and ever since febuary , Gold hasn’t been following structure …. But before this , it was really great
it because this is end of 1st quarter, wait for 2nd and 3rd quarter.
`“Edge = Faith + Truth + Patience + Discipline + Execution.”`
  • #70,375
  • Apr 2, 2025 3:44am Apr 2, 2025 3:44am
Let's see if 32 will show some resistance or it breaks through.
Short at 33 till 25/22
  • #70,376
  • Apr 2, 2025 3:48am Apr 2, 2025 3:48am
Quoting itz.shaidsk
{quote} it because this is end of 1st quarter, wait for 2nd and 3rd quarter.
Is that true? Havent heard of that before
  • #70,377
  • Edited 3:58am Apr 2, 2025 3:48am | Edited 3:58am
earliest signal for correction down now 3130.80 breaks down ,27 as 1st confirmation and top failure and next confirmation 3123 and if all ok the overall support test 3119.60! watching
breaks down and hold may start ! will ignore earliest breaks down level 3131.86 , done this level .
need 30.80 breaks down and hold
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #70,378
  • Apr 2, 2025 3:51am Apr 2, 2025 3:51am
Quoting Tintin2014
resistance 1st: 3150 2nd: 3172 support 1st: 3120 2nd:3102~03 expecting some pull back today. may be 3110. tomorrow there is a high chances price will touch 3172~80. trump will release the tariff country list. expect some volatile. thu/friday will be a better opportunity to go short if there is a big spike happen.
worked perfectly, just be careful....gold may have a super big spike. can go both side down or long side during news. yesterday bears showed some strength but i expecting keep go higher high due to fundamental news. if price can cross 3150 price, 3172~80 is very much possible.i am looking for 3172 to enter short, against the trend with small lot size. if this is happen there is a high probability we may see a big correction.
  • #70,379
  • Apr 2, 2025 3:52am Apr 2, 2025 3:52am
Quoting bidyer
{quote} Is that true? Havent heard of that before
yes, it is one of the reason.
`“Edge = Faith + Truth + Patience + Discipline + Execution.”`
  • #70,380
  • Apr 2, 2025 3:55am Apr 2, 2025 3:55am
Quoting itz.shaidsk
{quote} it because this is end of 1st quarter, wait for 2nd and 3rd quarter.

i don't have any knowledge about 2nd and 3rd quarter, can you please explain a bit?
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