Gold - Daily TF
... this is line chart ...
... this is line chart ...
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- #85,502
- Jul 30, 2025 4:11pm Jul 30, 2025 4:11pm
- Joined Oct 2020 | Status: Trader | 14,005 Posts
{quote} It better go around 3300, because right now I am cooked af
Insane in the Brain..
These are the bounce points I am trading today: On the Short Side I have Sell limit orders at : 3341.30, 3345.14 and 3351.20 (all with 1.5 initial SL) On the Long Side I have Buy limit orders at : 3321.18 (with 1.5 SL initial) Lets see what all gets triggered today... Will be back with trade management as the trade hits and goes in favour :-)
Yesterday, there was no action for me in the day and in the night there was one trade triggered, which zoom paased without halting/bouncing... so only one trade with a -1.5 point straight SL.
So, the tally till now is:
Day Date Trades Net
----- ---------- ------ -----
Day 1 18-Jul-2025 5 +6.5
Day 2 21-Jul-2025 2 -1.5
Day 3 22-Jul-2025 2 -2.0
Day 4 23-Jul-2025 2 -1.5
Day 5 24-Jul-2025 4 0.0
Day 6 25-Jul-2025 2 +2.5
Day 7 28-Jul-2025 3 +2.0
Day 8 29-Jul-2025 2 -2.5
Day 9 30-Jul-2025 1 -1.5
Will be back in a new thread post with today's trades shortly
Trade Like a Casino, Not a Gambler
I think Trump is "playing poker" with the dollar...His agenda is MAGA, right? Hence, the strict tariffs on every country, even 3rd world countries. It seems he wants a strong dollar, no matter what it takes. That is why he is playing cat and mouse with Powell. They will not cut rates until September or later, and DXY might get to 106 - 108. By then, even the BRICS might be begging for mercy. Status achieved. Then they cut rates, which will weaken the dollar enough to cure the then newly-spiked inflationary pressure.He wants to uphold the USA's global supremacy, and desperate times call for desperate measures. I do not want to believe that they are at loggerheads with Powell, or the FED, for that matter. If so, why did he make him the Fed Chair back then, and what are they beefing about?
Something does not sit right here.I COULD BE WRONG, but trusting people in governing positions, esp when they are prime investors themselves, is not my forte. They are always up to sth hidden between the lines.
I would not be surprised if XAU dropped to 2948. The markets will always be dodgy, though.
Good morning and happy hunting, comrades.
- #85,508
- Jul 30, 2025 5:41pm Jul 30, 2025 5:41pm
- Joined Jan 2019 | Status: Trader | 2,789 Posts
Just a matter of time for the BS to stop and the huge reversal occurs. IDEA“Think differently than the crowd and you'll always win” CHIFOREX
{image}
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
- #85,510
- Jul 30, 2025 5:43pm Jul 30, 2025 5:43pm
- Joined Jan 2019 | Status: Trader | 2,789 Posts
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
- #85,511
- Jul 30, 2025 6:46pm Jul 30, 2025 6:46pm
- Joined Jul 2011 | Status: Gold Again | 10,560 Posts
Did I post this for this week? Can't remember...
It takes a lot for me to IGNORE you, but you can try.
- #85,513
- Edited 7:37pm Jul 30, 2025 7:23pm | Edited 7:37pm
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
Entered long @3300
SURFER
- #85,514
- Jul 30, 2025 8:39pm Jul 30, 2025 8:39pm
- Joined Aug 2020 | Status: Zeroing In on Chaos | 2,008 Posts
Did I post this for this week? Can't remember... {image}
Will is the most powerful weapon in the world.
- #85,515
- Jul 30, 2025 9:31pm Jul 30, 2025 9:31pm
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
{quote} 3300 failed and hit my stop. Next support @3170. I will look for sell @3294
3300 above I don't hold.
SURFER
- #85,517
- Jul 30, 2025 10:02pm Jul 30, 2025 10:02pm
{quote} long at 3311 and added another one's after every 100 pipsIt's been worse, I'll just have to wait again, because I'm not going to close it
- #85,519
- Jul 30, 2025 10:14pm Jul 30, 2025 10:14pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++