Gold

GOLD FUTURES

I think we will hit ATH tomorrow but I'd like to see a retrace down to the 15min 100 EMA or .618 Fib line. I can't imagine institutions will be buying at ATH unless US data is a big miss this week. We shall see.

New month, new strict trading plan. Happy green everyone!

Is this the month the teddy bears have their picnic ??

I have been flat since early last week, awaiting some balls deep entries.

risk is inr 50k

i don’t think there is enough volume to break out of this range…

Weekly range is 3546 after that it can go anywhere it wants

I agree, but imo you have a better chance of getting stopped out at the bottom of this range than a breakout to ATH today.

Copilot from Microsoft, but the main point is to show the wealth of information that is available by someone doing their own research rather than asking random people on the internet, especially all the liars on Forex Factory.

Opposite to many are thinking, I see that we're now witnessing the High of the daily candle in Gold and major pairs vs USD, and price will retrace all the way down. Though there's another possibility of a pump around 50 pips as many expect a bullish movement and that wouldn't be a surprise if happens but I'm something different.

Let's see

Not only did we expand half of last week's range, but we also respected it to the tick. If we add to this that the liquidity zone was also extended by two deviations, I insist that I will only feel comfortable buying after a 4H close above 3,486,790, where my focus is on 3,526,145, or the liquidity zone at 3,557,225, to be more bold. Below this daily close, I will feel more confident if the price respects the daily mean and the 4-hour candle that caused the expansion. Until then, I will, however, pay atention to enter in the levels 3,466,365 and, in particular, 3,456,365 that is for me the ideal buy zone.
Remember nobody land....

So who's still selling ?

38.2 respected. All set to BE

hi friends Good Morning,

gold final resistance if it breaks than i will look for another channel

My god :3 my ATH is reach, close all order!!!!!! waiting for new session. There is no sell sign yet! therefore it better wait!

Incredible! Second consecutive day in a week hitting the daily range in a single candle without any major news.
It's so hard for me to always see people talking about Trump and the news, etc. When the first 1-hour outside bar failed to retrace to one of my levels, I had a feeling I was going to miss the move, so I just put in a quarter of my normal position just in case. I wake up 2 hours later and it's the same old story as yesterday. The day is definitely done for today, unless I buy with quarters of my original position. I'm calculating a rest of the day like yesterday's since the daily range was reached, but with gold, you never know.
There's still room in the weekly 3.526.145, so I'll update my levels and slowly enter into purchases if the 1H mean holds.

Really angry!

EDIT: Just below 1H mean level 3.486.365 must hold...

Will enter at 3486.365 for sure to tp 3496.365, just a retest of the highest level that i saw for the day. Basically it will be the same price action as yesterday... Stll have the quarter break even, nothing to loose...
1h closing below that level i am out, despite beeing dificult believe this 4H will end as a pin bar.

EDIT: Sorry guys my max level and also TP is 3.506.365 but for the trade 3496.365 will be breakeven again...

RUN +1700 PIP

short 3495, 5 lots

Keep buying gold today
japan raised rates - further weak usd
lets see how pmi comes hehe

i think you said earlier this week 3500 and it must go 3400 first.

and sell gold up till nfp.

Maybe.. every time that gold exploding like this it only come on the asian session.

so either reverse either range to the next asian session.

GL.