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  • #81,081
  • Jul 1, 2025 7:28am Jul 1, 2025 7:28am
sell limit triggered and stopped out at 3357. Looks like a top to me 3357.
reentered at 3353 sl 3357.
No fighting the trend today.
on a postive roll...
  • #81,082
  • Jul 1, 2025 7:29am Jul 1, 2025 7:29am
ive taken a short on gold 3353
Attached Image (click to enlarge)
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  • #81,083
  • Jul 1, 2025 7:31am Jul 1, 2025 7:31am
Quoting Asylum1
ive taken a short on gold 3353 {image}
What's the tp?
  • #81,084
  • Jul 1, 2025 7:42am Jul 1, 2025 7:42am
Quoting Rmg
sell limit triggered and stopped out at 3357. Looks like a top to me 3357. reentered at 3353 sl 3357. No fighting the trend today.
Sl guaranteed. Bull's regime. I am out for the day.
on a postive roll...
  • #81,085
  • Jul 1, 2025 7:42am Jul 1, 2025 7:42am
Stocks/indices are tanking and might be ready for recovery.

Let's see what gold would do boyssss.
  • #81,086
  • Jul 1, 2025 7:48am Jul 1, 2025 7:48am
It's been a good rally. shorts are becoming visibly more forceful. Reversal can happen soon. 3365 would be an excellent area.

After 15:30 GMT+1, things are going to be interesting for XAU, JPY, USD and related pairs.
  • #81,087
  • Jul 1, 2025 7:48am Jul 1, 2025 7:48am
Quoting przfx
{quote} Did you actually mean if price breaks below 3330 switch to short?
Yes and no — the failure around 3330 usually begins before it actually breaks in real time. That’s why if 3340 breaks and the market confirms, the bias shifts to short.
GoldGod Flip3 Return Today: na
  • #81,088
  • Jul 1, 2025 7:52am Jul 1, 2025 7:52am
bulls target has been achieved 3357.91 ... don't over target bulls ..... we see more PA after Powell speak
The Average Discount Everything
  • #81,089
  • Jul 1, 2025 7:56am Jul 1, 2025 7:56am
Quoting abimalik
Gold again on 3328 last time it fall from this area and hit Almost 800 pips lets wait and see {image}
Today so far gold is not giving any chance lets if news can change the direction
  • #81,090
  • Jul 1, 2025 8:04am Jul 1, 2025 8:04am
Quoting Dutchy Daxy
Gold heading for 3345/50 Monthly PP zone (Futures) (reached) Gold rose on Tuesday, supported by a weaker dollar and heightened uncertainty over U.S. President Donald Trump’s tariff policies ahead of the July 9 deadline, driving investors toward safe-haven assets. Most of the times price tends to go back to the last Month (June) closed Monthly VWAP. 3375/80 zone in this case 3360<>62 likely (some) RS Once above a free way to 3375<>80 {image} {image}
Heading for the closed June M VWAP 3375 zone.
About 70pps to go
It's better to be out wishing to be in... than to be in wishing to be out!
  • #81,091
  • Jul 1, 2025 8:05am Jul 1, 2025 8:05am
Quoting abimalik
{quote} Today so far gold is not giving any chance lets if news can change the direction
Hopefully the direction continues it trend up, for the bulls to safeguard constant profits today, go bulls go!!!!

today has been the best week since about 4 weeks now maximum wins today
  • #81,092
  • Jul 1, 2025 8:08am Jul 1, 2025 8:08am
Quoting GoldGod
{quote} Yes and no — the failure around 3330 usually begins before it actually breaks in real time. That’s why if 3340 breaks and the market confirms, the bias shifts to short.
Thanks for your explanation (so it wasn't a typo)!
  • #81,093
  • Jul 1, 2025 8:09am Jul 1, 2025 8:09am
Quoting GoldGod
Today’s Bias: Long Green Box = Buy Zone If price breaks below 3340 → Switch to Short Trade safe today — expect high volatility. {image}
Update: Added a Blue Box as a weak long area.
Watching it closely — I’ll consider entering if certain conditions are met.
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GoldGod Flip3 Return Today: na
  • #81,094
  • Jul 1, 2025 8:10am Jul 1, 2025 8:10am
Quoting Asylum1
ive taken a short on gold 3353 {image}
I have my stop be and a target of 3338. not hanging around in these markets
  • #81,095
  • Jul 1, 2025 8:15am Jul 1, 2025 8:15am
I am waiting for Powell to give speech ...I don't open any position now (don't want the market to suddenly move against my position the moment Powell open his mouth)
  • #81,096
  • Jul 1, 2025 8:24am Jul 1, 2025 8:24am
Volume Profile Analysis

  1. Point of Control (POC) If the POC is above the flag structure, it suggests that the highest traded volume occurred at a higher price level. This often signals buyer exhaustion and potential for downward movement.
  2. Value Area Low (VAL) If price is breaking below the VAL, it indicates that the market is leaving the fair value zone—often a precursor to imbalanced, impulsive moves downward.
  3. Low Volume Node (LVN) A low-volume pocket beneath the flag can act like a magnet, drawing price into it quickly due to lack of resistance—ideal for a breakout trade.

Fibonacci Retracement Analysis

  1. Point 2 Pullback A retracement to the 38.2% or 50% level from the impulse leg (Point 1) is considered healthy. If it exceeds 61.8%, the structure may lose its integrity.
  2. Flag Zone Location If the flag forms between 50% and 61.8%, this is the decision zone. A breakdown from here often confirms bearish continuation.
  3. Fibonacci Extensions for Targets

    1. TP1: 100% projection of the impulse leg from Point 3
    2. TP2: 161.8% extension, often aligning with prior demand zones or LVNs

Summary
If:

  1. Price is below VAL
  2. The flag is forming between 50–61.8% retracement
  3. There’s an LVN below the flag

Then the setup strongly favors a bearish breakout, and a short trade becomes highly probable upon confirmation.

Attached Image (click to enlarge)
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  • #81,097
  • Jul 1, 2025 8:36am Jul 1, 2025 8:36am
My second target 3352 also hits. Now I am on sell from 3354 for the target 3334
  • #81,098
  • Jul 1, 2025 8:36am Jul 1, 2025 8:36am
Where can i watch j powell speech
  • #81,099
  • Jul 1, 2025 8:41am Jul 1, 2025 8:41am
Inserted Video
  • #81,100
  • Jul 1, 2025 8:42am Jul 1, 2025 8:42am
Quoting Potus111
Where can i watch j powell speech
yahoo finance on YouTube
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