Gold with No Drama

Quoting SibiSh

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Gold H4 Latest Analysys Gold remains bullish trading within a rising channel and above key structure support. Price has broken higher from the ascending triangle and is now consolidating above the 4765 support zone (-0.382 Fib) after tapping the 4848 resistance (0.618 Fib). As long as gold holds above 4720-4700, the bias stays bullish with potential continuation toward 4900+. A failure to hold this support could trigger a pullback toward 4630 but overall structure still favors higher prices. Gold is likely to stay strong because of ongoing global...

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Quoting BeeTogether

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This looks like a move up to yesterday’s high again.. still short for me as the trapdoor could open. Need to test 4740 zone

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Quoting Raventine

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{quote} it is same with me some big hand always behind those big move, gathering order then kill all, i just follow that and there is always a sign to do the trick Yesterday night there is some hand there, but it seem not big enough, they just can not manipulate all the time

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Quoting azhantahir

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{quote} Don't trust others. Trust yourself in trading. Trust your analysis and don't blindly follow others. Sometimes your ideas are not popular among others, but after the achievement, more people talk about it. Welcome to the world of trading. The journey is yours. IMHO {image} {image}

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Quoting papatya

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Gold has entered a corrective wave, potentially extending down to the 4742 zone. A break and hourly candle close below this level would shift the bias toward a medium-term correction. Price remains within the corrective zone, and the indicator has not yet generated a sell signal. The levels marked on the chart represent buy zones, with a stop-loss placed at an hourly close below 4742. {image}

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Quoting dopam1n

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{quote} all technical is useless. all indicators are useless. you never know when a dump or a pump truly comes. spot gold is pure gambling and if you ever think about being right, let me remind all of you that you have 50% chance of being right or wrong. who saw this dump coming? and the ones before? who thought about asia doing 100$ moves every night and so on? my point is that whatever you apply you will never really know why it happened unless you are the one moving the price up and down

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Quoting BeeTogether

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Direction seems to be sideways right now. Immediate long target around 4850 from where we dropped yesterday and for the shorts to retest the bottom where it bounced off yesterday so 4780

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Quoting dopam1n

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{quote} all technical is useless. all indicators are useless. you never know when a dump or a pump truly comes. spot gold is pure gambling and if you ever think about being right, let me remind all of you that you have 50% chance of being right or wrong. who saw this dump coming? and the ones before? who thought about asia doing 100$ moves every night and so on? my point is that whatever you apply you will never really know why it happened unless you are the one moving the price up and down

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Quoting GoldGod

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{quote} I don’t use indicators, and I don’t trade Asia. I only treat their move as supporting context for NY. But saying technicals are useless or that it’s all 50/50 gambling doesn’t match what actually happens in the chart. Since last year, I’ve been seeing something very consistent. I still can’t always identify the pattern that signals the big move against my bias, but the pattern with my bias has been extremely reliable. That’s the part I understand deeply, and it’s been enough to catch most of the major moves before they happen. I saw this...

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