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  • #75,181
  • May 2, 2025 11:22am May 2, 2025 11:22am
Quoting Whale
In for long. betting on seek and destroy after asian low is done {image}
I'm in with you
  • #75,182
  • May 2, 2025 11:28am May 2, 2025 11:28am
Quoting ganam
Expecting 3222
..Happy week end to all..
follow the flow of music $
  • #75,183
  • Edited 11:40am May 2, 2025 11:29am | Edited 11:40am
Quoting Whale
In for long. betting on seek and destroy after asian low is done {image}
Ok , watching for it done first!
Bounce target 3237 while limit 3239 , still no straight line perhaps! If so retest 3227 repeated possible in an intermediate bottom forming at confirmation bear level
Anyway pressure remain strong down with or without consolidation now !
Good bounce should at 3203 areas
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,184
  • May 2, 2025 11:32am May 2, 2025 11:32am
gold sell at 3234
sl 3243
tp up 100-200 pip
@signal_apadana
tlgrm
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  • #75,185
  • May 2, 2025 11:34am May 2, 2025 11:34am
Quoting Dromikhete
Why is absolutly eveybody so bearish? why is everyone talking about sell limit and entries for shorts? For me that alone is a sign to go for a buy. We see two big rejections from 3340 area, and for me it looks bullish on the 1 hour and 4 hour timeframes
I guess you got your answer from the market. But the rationale behind the sell side could be:
1- From TA perspective, market moves in waves. After price reached 3500, price started dropping and price made LL(s) from Daily TF and below. So a retrace is underway...
2- From FA perspective, there is no risk in play; tariffs talks and rumors of imminent agreements are loud; and economic indicators (i.e., NFP) came inline.. These factors are all bearish on gold price.
Have a nice weekend
  • #75,186
  • May 2, 2025 11:34am May 2, 2025 11:34am
Quoting bandsoffdemo
{quote} Just curious, why do you place that many trades in one day?
most are scalps, first two were last night
  • #75,187
  • May 2, 2025 11:42am May 2, 2025 11:42am
On the higher and four-hour time frame, the first target is the area around $3,080 to $3,090, but you have to tread carefully
@signal_apadana
tlgrm
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  • #75,188
  • May 2, 2025 11:46am May 2, 2025 11:46am
Came back down to a key level 3227.66 and I had to close the gap. Now looking for a fresh down push the rest of today through next week.
i know.. but just think about it… think again.
  • #75,189
  • May 2, 2025 11:50am May 2, 2025 11:50am
Quoting RoelsMajor
{quote} Usually there’s another zigzag leg, but it seems "The Markets" want to hit TP quickly today — Planning to go on vacation, lol. No worries; the trade is already at BE+. TP set back at 3220. 1/3 aDtr a day already OK. {image} {image}
Closed. For learning only. Get tired. Lol EUR/NZD, EUR/AUD, GBP/AUD, and GBP/NZD seem more exciting than Gold. EUR/CAD and GBP/CAD are the toughest.
Good night, guys. Have a nice weekend.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #75,190
  • May 2, 2025 12:20pm May 2, 2025 12:20pm
Quoting Whale
In for long. betting on seek and destroy after asian low is done {image}
i wonder, nobody see this long that is cooking to the end of the day?
  • #75,191
  • May 2, 2025 12:27pm May 2, 2025 12:27pm
Quoting Whale
{quote} i wonder, nobody see this long that is cooking to the end of the day?
yes I’m in it now wish me luck!
  • #75,192
  • Edited 12:53pm May 2, 2025 12:30pm | Edited 12:53pm
Quoting GhosTraderGT
{quote} TP 1 3240 TP 2 3230 TP 3 3200 *TP 4 3189 TP 5 3163 We are approaching DT neckline (3266/3275). That was pretty fast. Lets see what happens from there (break above to 3290/3300 or a retest). {image}
Edited.

Gold eventually made a retest on the DT neckline. Couldn't go past 3269. Now we look to have a break & retest scenario. H4 close below MA will further fuel my bias instrument will likely continue to suffer at the hands of the bears now that China is considering trade talks with Trump.

PO for DT is still pending moreover there is a potential bearish scallop pattern with its PO at 3163, a coincidence with the D1 0.618 fib retracement level.

So TP 4 3189 and TP 5 3163 are still in sight.

Likewise we could still see a range between 3266 & 3200 level before tanking further (w.r.t. outcome of US/China trade talks). Hope it plays out. So will continue to look for Short scalps at resistance areas. Lets see what the new week brings to the table.

Happy Weekend folks.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #75,193
  • May 2, 2025 12:32pm May 2, 2025 12:32pm
Personalized gold indicator
Green = long
yellow = close long
red = shorts
blue = close shorts
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Just love God and work hard in what you want, then your wishes will come tr
  • #75,194
  • May 2, 2025 1:00pm May 2, 2025 1:00pm
Quoting GhosTraderGT
{quote} Edited. Gold eventually made a retest on the DT neckline. Couldn't go past 3269. Now we look to have a break & retest scenario. H4 close below MA will further fuel my bias instrument will likely continue to suffer at the hands of the bears now that China is considering trade talks with Trump. PO for DT is still pending moreover there is a potential bearish scallop pattern with its PO at 3163, a coincidence with the D1 0.618 fib retracement level. So TP 4 3189 and TP 5 3163 are still in sight. Likewise we could still see a range between 3266...
Nice breakdown. The price action around the 3266–3200 range will definitely be key. The confluence of the bearish scallop and the 0.618 fib at 3163 adds weight to that lower target, especially with fundamentals like US-China trade talks potentially acting as catalysts. Short scalps at resistance make sense here — let’s see if the bears stay in control next week.
  • #75,195
  • Edited 2:24pm May 2, 2025 1:18pm | Edited 2:24pm
Waiting 3223 test breaks ,,!
Initial target should go 3214 to lows

May not move more ,better close the last short active! Will see all next week. Best wishes
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,196
  • May 2, 2025 1:22pm May 2, 2025 1:22pm
If it wasnt the end of the week i would gladly short gold, last thing i want to get surprised in the weekend with some sort of news and gold opening with a gap, I will maintain my stand of being in the sidelines
  • #75,197
  • May 2, 2025 1:35pm May 2, 2025 1:35pm
Quoting MrGoldie
{quote} Ranging done? Perfect rejection near 3267(any liquidity near 3283?) Target 3130 (today or next week) {image}
Closed all at 3232
Still more to go, next week

Happy weekend
Be prepared for the Global Panic
  • #75,198
  • May 2, 2025 1:52pm May 2, 2025 1:52pm
Calling it a day. 3227.66 might be the average of the range.
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i know.. but just think about it… think again.
  • #75,199
  • May 2, 2025 2:45pm May 2, 2025 2:45pm
Hello Guys,
CHINA will open and it will not be strange for GOLD to make a UP Move on monday when chinese may start buying GOLD again,
the real Question is according to WGC most central banks buy gold like crazy,
i just wonder are we going back to GOLD standard?
i am not trading GOLD tradew ar makes it very hard to predict the movement,
but if i were trust me i will not sell i will wait for the low even 2900 to buy but i will wait,
selling might be the bloody hedge fund taking profits, so they can buy at cheaper price,
i could be wrong just my analysis i came back after 13 years back to forex factory,
i hope honestly i wish i will provide the valuable information,
because i trade only medium to long term,
i hold the gold buy from 2980 to 3300 it took me at least 2 weeks but i use 1:1 leverage means if i have 10K account i am going with 0.1 lot that is 10K trade,
understand the leverage you are using,
if broker is offering 1:500 that is bloody brokers wants us to get greedy and loose,
that is how big players like KEN griffin not just make money he prints it to be honest last year alone he made around 5 billion$ in commission that is 15%
imagine how much he could have made for his investors..
just a thought.
Good luck and have a nice weekend guys,
The Ones who make it, are the the ones who Manage RISK
  • #75,200
  • May 2, 2025 3:40pm May 2, 2025 3:40pm
Quoting bandsoffdemo
{quote} Just curious, why do you place that many trades in one day?
His Style is different than yours I guess. Some people place 1 trade a month, some scalp 500 trades a day. If it works, no issues.
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