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  • #75,721
  • May 8, 2025 8:47am May 8, 2025 8:47am
Quoting d1zzy
{quote} But this entire thread is looking for shorts ignoring PA right in front of them
on chart shorts are available from time to time
  • #75,722
  • Edited 9:15am May 8, 2025 8:54am | Edited 9:15am
ok , next signal breaks 3356 , 54 target short term also

done 3354 , now 47 and 42 targets

Trump may irrelevant Speaks something !! so bizzare pa again! waiting settle down and breaks 3352
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GOLDM12.png Size: 15 KB
Click to Enlarge Name: GOLDM14.png Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,723
  • May 8, 2025 9:06am May 8, 2025 9:06am
Quoting RoelsMajor
{quote} Actually, where a lot of limit orders cluster is exactly where the exchange with liquidity providers takes place (if they’re willing and able). Traders, on the other hand, look at the Moving Average: the price moves away from the average and then returns to it, or the average shifts toward the price. As for risk, it’s simple—what percentage is your stop-loss?
Depends on what is happening. No point having a 200 pip stop loss on gold currently while its whipping back and forth all day. You just take loss after loss. Other days you need a tight stop.
  • #75,724
  • May 8, 2025 9:07am May 8, 2025 9:07am
Sell 3355.89
SL 3365.89
TP 3330.89
  • #75,725
  • May 8, 2025 9:09am May 8, 2025 9:09am
potential pull back in the hour for LONGS ??

hmm this is interesting.
  • #75,726
  • May 8, 2025 9:22am May 8, 2025 9:22am
Quoting Aphaynes
{quote} Depends on what is happening. No point having a 200 pip stop loss on gold currently while its whipping back and forth all day. You just take loss after loss. Other days you need a tight stop.
Since we already know the average range over a year, a month, and a day. Admittedly, during volatile periods, it can move extraordinarily, but setting a 30-pip stop loss after having that range knowledge is just ridiculous, At least that’s what I think based on my trading practice.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #75,727
  • May 8, 2025 9:23am May 8, 2025 9:23am
Quoting RoelsMajor
{quote} Since we already know the average range over a year, a month, and a day. Admittedly, during volatile periods, it can move extraordinarily, but setting a 30-pip stop loss after having that range knowledge is just ridiculous, At least that’s what I think based on my trading practice.
agreed
  • #75,728
  • May 8, 2025 9:26am May 8, 2025 9:26am
Quoting RoelsMajor
{quote} Since we already know the average range over a year, a month, and a day. Admittedly, during volatile periods, it can move extraordinarily, but setting a 30-pip stop loss after having that range knowledge is just ridiculous, At least that’s what I think based on my trading practice.
Actually, I set the SL to 50 pips. Last year the SL was 30 pips.
  • #75,729
  • May 8, 2025 9:27am May 8, 2025 9:27am
Quoting Dundi
{quote} Actually, I set the SL to 50 pips. Last year the SL was 30 pips.
But today my SL is 100 pips.
  • #75,730
  • Edited 9:46am May 8, 2025 9:28am | Edited 9:46am
buy 3350
tp the moon:-)

ok tp 3623

it wont go lower than 3320 again for a long time if ever...

/BorisTheOracle
Attached Image (click to enlarge)
Click to Enlarge Name: gold may 8.png Size: 45 KB
  • #75,731
  • May 8, 2025 9:29am May 8, 2025 9:29am
Quoting bucko23
Bull is now s**t .. Short flag maybe? .. target to 3150 approx. Let see what China thinks ... {image}
Perhaps its just me .. but how can anyone be looking at longs with this price action? .. thats the beauty of trading I guess, and we all see things differently .. but the only train this pair is taking is southbound .. candle over candle on weekly (last two weeks), inside bar on daily yesterday, potential lower high .. even daily is negative today already after Asia and Europe sessions. What catalyst will force this up ... don't say India Pakistan conflict .. why should this affect gold ? Please share
  • #75,732
  • May 8, 2025 9:31am May 8, 2025 9:31am
Depending on this 30 mins close, pa could flip to bearish
  • #75,733
  • May 8, 2025 9:32am May 8, 2025 9:32am
Quoting Dundi
{quote} But today my SL is 100 pips.
Percentage matters. 283 pips SL (only 0.5% Equity) is very fine. 100 pips SL but 1 unit 5% is high. If you have a lot of money, why not risk 33% on a single position? You’re only aiming for about 100 pips, and you don’t even need XAU/USD—you could just do it on GBP/AUD.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #75,734
  • May 8, 2025 9:34am May 8, 2025 9:34am
idk wtf is going on right now. Is trump speaking yet ?
  • #75,736
  • May 8, 2025 9:37am May 8, 2025 9:37am
Quoting MRProfit21
idk wtf is going on right now. Is trump speaking yet ?
No - Perhaps not for another 20 mins
  • #75,737
  • May 8, 2025 9:39am May 8, 2025 9:39am
Quoting Mrbright
Hidden
thing is, im in a short rn. depending on the talk he gives I will change / add / take off my position. So It's abit meh atm
  • #75,738
  • May 8, 2025 9:41am May 8, 2025 9:41am
Quoting MRProfit21
{quote} thing is, im in a short rn. depending on the talk he gives I will change / add / take off my position. So It's abit meh atm
Alright
  • #75,739
  • May 8, 2025 9:51am May 8, 2025 9:51am
zigzag to the maximum level to get a target , waiting
breaks down at 3359 and 52 again needed for just 3347 target
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDM17.png Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,740
  • May 8, 2025 9:56am May 8, 2025 9:56am
When excactly did we got notified that trump intervention would be a red folder?There was nothing on Forex Factory during all pre market
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