Gold with No Drama

Quoting kareem11

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{quote} Removed and entered again after analyzing. Short at 4170 , SL 4174.5 TP 4132 ( TP can be 4087 but I want to take it early) This will be the last trade of the day probably

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Quoting SibiSh

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Nothing want to break then better to grab some pips from both side till clear direction atm but if we see 4hr and 1hr candles its looking bearish and want to go down. It has already rejected 4240-45 area with solid red candles. {image} {image}

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Quoting SibiSh

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Gold is currently struggling to hold above the rising trendline and is trading around a key rejection zone near 4190-4200. The chart shows liquidity taken at the top and a clear weakness forming after breaking the minor structure. If price fails to reclaim and hold above 4210-20 the next move is likely a drop toward 4160 and deeper toward 4140 where the next liquidity pocket and trendline support sit. Upside remains limited unless price breaks clean above 4235-45. Bias: SELL (below 4210) Sell Zone: 4195-4210 Stop Loss: 4235 Take Profit: 4160 - 4140...

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Quoting has22v

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this guy is legend {image}

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Quoting AshleyFX

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Hmmm my sell got triggered lol

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Quoting abimalik

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looking for sell opportunity

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Quoting bdsilvano

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we are at critical zone, buyers love 4140. i know they defend this support but for how long? thats the question

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Quoting EAforxtrader

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You see buyers are reacting from 4141 a couple times in a candle, and from 4141 buyers pushed that candle up again and let the other candle open above 4147, so sellers pushed and buyers try to push back from key level prices. This all means sellers are stronger today, but buyers are in here too, they reacted on all the key zones. Now you need to see if buyers can break 4162 again and hold it. If sellers are reacting well on 4162–4158, that means sellers are still trying to go down, because they already won the last key zone battle 4172–4162–4158....

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Quoting EAforxtrader

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You see buyers are reacting from 4141 a couple times in a candle, and from 4141 buyers pushed that candle up again and let the other candle open above 4147, so sellers pushed and buyers try to push back from key level prices. This all means sellers are stronger today, but buyers are in here too, they reacted on all the key zones. Now you need to see if buyers can break 4162 again and hold it. If sellers are reacting well on 4162–4158, that means sellers are still trying to go down, because they already won the last key zone battle 4172–4162–4158....

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Quoting bdsilvano

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{quote} yes i know buyer will react on 4140 kill zone.. this is the final leg otherwise big sell off

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Quoting bdsilvano

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{quote} 4140 did not hold so next line is 4110

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Quoting EAforxtrader

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You see buyers are reacting from 4141 a couple times in a candle, and from 4141 buyers pushed that candle up again and let the other candle open above 4147, so sellers pushed and buyers try to push back from key level prices. This all means sellers are stronger today, but buyers are in here too, they reacted on all the key zones. Now you need to see if buyers can break 4162 again and hold it. If sellers are reacting well on 4162–4158, that means sellers are still trying to go down, because they already won the last key...

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