Gold with No Drama

Quoting neosheen

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{quote} who are these we? I want to know firstthen maybe i will join only after signal from my system and is it a coincidence that today i was calculating 3500 but i know that is only my imagination because 12.5% correction will be insane

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Quoting Catempire

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{quote} I get ya. I’ve been staring at markets since 2009. Religiously. To much for about 6 years between 2011-2017. no computer made technical indicator will do any better than my understanding of how it moves at certain times in its journey. Although I am still I’m wrong just like all the others. I feel like you should trust your gut more !!! Tops. Bottoms. Shit moves differently. have a bloody good weekend

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Quoting kareem11

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buy at 3977

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Quoting cubidut

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in my view it's still bullish {image} {image}

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Quoting Erebus

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{quote} Careful, soccer moms are now buying gold! {image}

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Quoting Deal

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{quote} 1 break of structure is 40/60 odds We never really left be bullish when yesterday Monday Ny stop price regaining Tuesday Ny. London breakout bullish, Ny also people change bias to easy. The low pivot untouch aka protected... If people can say maybe we can change i agree, but for day trade bias never change yet, Is danger trade in this range? Yes! On a Friday? Yes! 60% is better than 40% i think... Still for this odds get higher is close above NY and preferably above yesterday midpoint. EDIT: And the statistic that 81% Monday low is not tap...

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Quoting neosheen

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{quote} 4014 was .618 retracement which didn't cross, good. can you share your targets with analysis picture please? i am learning and according to me its 3926.13

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Quoting Raventine

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{quote} careful, now is time for our institutional trader like Wankie and Chi dump gold with their profit, set the whole market to dinosaur age

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Quoting Whale

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{quote} Chi has bad attitude, but he is decent trader (or was) His big mistake is that he refuse to understand that the correlations between Gold and DXY almost doesn't exist, and he is paying the price in cash.

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Quoting Raventine

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{quote} hope he realize that DXY is comming down -.- {image}

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Quoting neosheen

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{quote} who are these we? I want to know firstthen maybe i will join only after signal from my system and is it a coincidence that today i was calculating 3500 but i know that is only my imagination because 12.5% correction will be insane

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Quoting Whale

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{quote} Chi has bad attitude, but he is decent trader (or was) His big mistake is that he refuse to understand that the correlations between Gold and DXY almost doesn't exist, and he is paying the price in cash.

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Quoting Raventine

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Price seem to heading upward to test the high, looking for sell at 403x, targeting at least M15 Imb, buy from 4006 (after ImB), that was pefect touch of H12 sell from 4021 (Fibo H12 supply) but signal seem weak (leave too much liquidity), only supply H4 now is holding with double top. Upward structure still holding firmly, lower side got H1 base 3975 and H2 base along with H8 supply at 3960, a breakout of that H12 supply could lead price to 416x (PnF not confirm this target yet - possible another down move but let see there is breakout or not)....

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Quoting Catempire

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{quote} just to clarify. when you look at the chart, 3500 was only 8 weeks ago, when you are looking at monumental rises, huge retraces are also possible. im not saying that’s what will happen, but, it could happen. It’s not a prediction as I’m still on the sidelines as I wanna see how the weekends news plays out as I’m not convinced it’s a fully formed top, after such a long rise, need some convincing rejections, more than once. IMO we’ll see

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Quoting SibiSh

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Yesterday my all buy limits were triggered and here are my buy trades, TP is 4050 and will extand accordingly{image}

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Quoting Raventine

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{quote} First of all, to clear liquidity or have a big correction, you need good amount of supply gold...or price just keep get higher and higher!!! That mean in chart it have to appear as a big chunk D1 or W1 rejection or engulf candle... As can be clearly see now, the last D1 rejection candle at 3k7 which also got a huge amount of demand right after that candle appear... And now, for just mere half of a week, price reached MN R1 target like nothing. Now it currently creating 2 big demand zone in 3956 and 3975 i dont even know why people...

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Quoting Catempire

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{quote} I don’t disagree with anything you’ve said. But I will say that your analysis is based on post move… W1 rejection the pa moves differently at different times. That wide choppy & fast movement later this week reminded me of how it moves as a top, & I said as much a the time… I view it from a psychological standpoint… the price moves like that it is showing uncertainty which “can” be the first sign of a trend change / correction / sell off (which it was)… I didn’t trade as I was in meetings and pulling my hair out doing other shite. Im not...

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