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  • #85,841
  • Aug 1, 2025 3:39am Aug 1, 2025 3:39am
Gold sell at 3290. Last zone for sell entry IMO and bias confirmed to bearish IMO too. 3268 and then 3247 if news comes positive.
BUY HIGH SELL LOW
  • #85,842
  • Aug 1, 2025 3:44am Aug 1, 2025 3:44am
Quoting notabdullah1
anyone else guys?? {image}
If it breaks above, bullish entry. If it breaks below, staying out.
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  • #85,843
  • Aug 1, 2025 3:44am Aug 1, 2025 3:44am
Morning. Haven’t looked at charts yet but I will await NFP to trade. Figures are not forecasted positively.. but let’s see as always

safe and profitable month and day trading everyone

happy 1st day of month
  • #85,844
  • Aug 1, 2025 3:51am Aug 1, 2025 3:51am
Quoting stormtrader
Does anyone make anything of the last three monthly candles in Gold.... i believe the up trend is over...but whats your oppinion?
I am on same way but still need some confirmation. Last week candle is showing down trend but we should see this week candle as well. Here is my idea
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Patience
  • #85,845
  • Aug 1, 2025 3:52am Aug 1, 2025 3:52am
Quoting thedaytrader
Today I am trading 2 short bounce points and 1 long bounce point to start with... Short Bounce Limit Orders : 3301.55 and 3309.77 Long Bounce Limit Order : 3252.57 Will be back with trade management as and when the trades get executed or if I come up with another trade... :-)
Looks like main action would be later in the day... I am off for the week, leaving the trades and trailing EA ON... will update the result on monday...
Have a great weekend
Trade Like a Casino, Not a Gambler
  • #85,846
  • Aug 1, 2025 3:54am Aug 1, 2025 3:54am
Quoting notabdullah1
anyone else guys?? {image}
I will wait for more down or will sell from 3330 area if it goes there
Patience
  • #85,847
  • Aug 1, 2025 4:03am Aug 1, 2025 4:03am
update:

3300 but will have to wait for news and see good luck guys i am kinda out for now

3300 with small sl could be nice what are your thoughtss?
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  • #85,848
  • Aug 1, 2025 4:04am Aug 1, 2025 4:04am
Quoting Lloyd628
{image} SL open
Profits taken.

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In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #85,849
  • Aug 1, 2025 4:09am Aug 1, 2025 4:09am
Quoting Hulkisbck
Gold - 15min .. new entry {image}

eat my SL but today gold fly up ... my view gold move 3335++ for today
  • #85,850
  • Aug 1, 2025 4:10am Aug 1, 2025 4:10am
Quoting Lloyd628
{quote} Profits taken. {image}
Is this the new META guys ....i thougt you were supposed to make big lots with big TPs ........but people be doing some crazy stuff.......big lots with 3-5 pips or 10 pips i guess i'll have to do some more research
  • #85,851
  • Aug 1, 2025 4:16am Aug 1, 2025 4:16am
I personally no longer see any bullish fundamentals for Gold going forward (unless of course Trump coming up with his shenanigans).

And considering how much it’s gone up in the past few months, we could possibly see under 3k this month for some serious correction. Let’s see how things play out. We all know that this metal has a mind of its own and can record another all time high again
  • #85,852
  • Aug 1, 2025 4:25am Aug 1, 2025 4:25am
Quoting notabdullah1
{quote} Is this the new META guys ....i thougt you were supposed to make big lots with big TPs ........but people be doing some crazy stuff.......big lots with 3-5 pips or 10 pips i guess i'll have to do some more research
It ultimately depends on your equity. Some risk takers will open 0.5 or even 1 lot with only £500 as equity. This is a recipe for disaster and a guaranteed way to quickly blow your account as the amount isn’t enough to withstand any temporary drawdowns. You shouldn’t be opening more than 0.1 lot with an account size of £500.
  • #85,853
  • Aug 1, 2025 4:29am Aug 1, 2025 4:29am
Quoting Haks
{quote} It ultimately depends on your equity. Some risk takers will open 0.5 or even 1 lot with only £500 as equity. This is a recipe for disaster and a guaranteed way to quickly blow your account as the amount isn’t enough to withstand any temporary drawdowns. You shouldn’t be opening more than 0.1 lot with an account size of £500.
yah man i was just shocked that there is this type of trading aswell .....thanks for the advise
  • #85,854
  • Aug 1, 2025 4:33am Aug 1, 2025 4:33am
Bouncing of the daily pivot could do with a break above for a good place to short from later on. Although if NFP is a red does that mean gold goes up?
Insane in the Brain..
  • #85,855
  • Aug 1, 2025 4:44am Aug 1, 2025 4:44am
daily range by DeMark’s S1&R1:
3281.53&3322.89

then some fresh number, monthly:
3396.33 MR1/Classic
3364.34 MR1/DeMark’s
3332.16 MPP/Classic
3315.94 MPP/DeMark’s
3225.59 MS1/Classic
3193.35 MS1/DeMark’s

we got another inside bar, daily with 3314.70 as High..,

and 3290.89 is middle line of daily right now

happy trading
dolce vita
  • #85,856
  • Aug 1, 2025 4:50am Aug 1, 2025 4:50am
Quoting BeeTogether
Bouncing of the daily pivot could do with a break above for a good place to short from later on. Although if NFP is a red does that mean gold goes up?
No guarantees. There’s been cases where we’ve had a negative NFP data and the dollar went down initially and then fully recovered. So a red or green NFP could still dump gold regardless.
  • #85,857
  • Aug 1, 2025 4:57am Aug 1, 2025 4:57am
Quoting BeeTogether
Bouncing of the daily pivot could do with a break above for a good place to short from later on. Although if NFP is a red does that mean gold goes up?
weekly and daily shows downside while H4 is playing tricks, multiple bounces off 3290 level previously...taking all things into account 50/50 chance for both parties.
My bias is to short the rally . Regardless of whatever NFP outcomes the direction is already decided.
But as a retailer we can identify their launchpad on lower timeframes after the news.
Just my negative 2 cents.
on a postive roll...
  • #85,858
  • Aug 1, 2025 5:06am Aug 1, 2025 5:06am
Quoting Hulkisbck
{quote} eat my SL but today gold fly up ... my view gold move 3335++ for today
absolutely not
  • #85,859
  • Aug 1, 2025 5:11am Aug 1, 2025 5:11am
imo, from the bottom:
3274-94th looks to me as most important area and if below 3245th at least (?!)
3294-3312/16th - next working one.., and if above.., till 3404th, but probably not today

edit:
p.s 3340th area gives very strong resistance.., so imo, only breaking&retesting it gold can go further up
dolce vita
  • #85,860
  • Aug 1, 2025 5:14am Aug 1, 2025 5:14am
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