this is how i see the chart now and I will never enter a trade when the market is this unsure! {image}
but M1 has its own trends
why not? as long as it produce money for us
bulls make money, bears make money, pigs get slaughtered
- #85,222
- Jul 29, 2025 10:41pm Jul 29, 2025 10:41pm
- Joined Aug 2020 | Status: Zeroing In on Chaos | 2,007 Posts
{quote} He is prescient for sure. {image}We need to start a fan club, maybe a thread just for him & we the believers.
Will is the most powerful weapon in the world.
- #85,223
- Jul 29, 2025 10:43pm Jul 29, 2025 10:43pm
After two consecutive doji candles on the monthly chart, there is a possibility of a third doji forming in July. This pattern indicates that neither buyers nor sellers have fully taken control. Considering the sharp rise in gold prices over recent quarters and new historical highs, this price pattern seems logical and natural.
Although there was a slight rebound on Tuesday, after four days of decline, New York gold futures are still trying to hold the 50-day moving average support at $3,365.
This support level is expected to break today, as the US dollar index remains strong after rising more than 1% on Monday. 
This week’s candle isn’t very strong, indicating potential selling pressure that could start with a break below the $3,357 support, triggering a new selling wave.
On the other hand, if the price breaks the $3,402 resistance, the upward trend may continue, as the price is currently below the 9-day moving average resistance at $3,381.
- #85,224
- Jul 29, 2025 11:15pm Jul 29, 2025 11:15pm
- Joined Aug 2020 | Status: Zeroing In on Chaos | 2,007 Posts
Will is the most powerful weapon in the world.
- #85,225
- Jul 29, 2025 11:34pm Jul 29, 2025 11:34pm
- Joined Jun 2025 | Status: One Line 4 Sessions | 1,100 Posts
Stay Gold
- #85,226
- Jul 29, 2025 11:43pm Jul 29, 2025 11:43pm
Multi-Layered Confluence Setup – Fibonacci, Volume Profile & ZigZag IntegrationHere's a recent chart analysis combining Fibonacci retracement (up to 86%), volume profile zones (VAH, VAL, FVL), and a refined ZigZag structure. Price is currently hovering around 3326.36, right near the 86% retracement level, which often acts as a critical decision point.
Key Observations:- Volume Profile: Price is testing the VAL zone (~3325), with FVL (~3323) acting as the final support. A break below this could signal structural shift.
- ZigZag Geometry: The pattern aligns well with Fibonacci pivots, offering high-precision reversal zones.
- Behavioral Zones: Price reactions at these levels are logged to build probabilistic models for future moves.
Trading Scenarios:
- Reversal Play: Buy near 3325–3328 with SL at 3321, targeting 3337.5 (VAH) and 3345–3348 (0% Fib).
- Breakdown Play: Sell below 3323 with SL at 3327, targeting 3315 and 3305 (negative Fib extensions).
- Range Play: Buy from VAL (3325) to VAH (3337.5) or sell from VAH to VAL, with tight stops.
- #85,228
- Jul 30, 2025 12:26am Jul 30, 2025 12:26am
- Joined Mar 2025 | Status: Crack Dealer | 422 Posts
No more engagement as from today.
- #85,230
- Jul 30, 2025 12:35am Jul 30, 2025 12:35am
{quote} in my opinion it is the same as you describe, but one think is about interest rate, Trump really want to cut 0.25 point, but FED seem to be not, this might be Trump want to reduce government debt before he pay it (Bond debt currently very high and payment due date is August!). With me it is a nice wychoff distribution end of phase C and phase D right now {image} {image}
Do you have notes on Wyckoff by any chance?
- #85,238
- Jul 30, 2025 1:41am Jul 30, 2025 1:41am
- Joined Aug 2020 | Status: Zeroing In on Chaos | 2,007 Posts
{quote} That is deep assessment, Raventine
Will is the most powerful weapon in the world.
{quote} I really don´t know how to answer without sounding rude but did you read the entire text? there is a part at the end that reads:"summary table" the answer is there.
morning everyone. safe and profitable trading ahead!