Gold with No Drama

Quoting Deal

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{quote} Daily fractal is 4h and so on to trade the open of any candle. At least is my view. And it does two things or her close hold price to resume trend or other words as long 4h don't close below that the trend of the open is intact. If it closes above her 50% there are two options they average close to close or they test the opening close that is the most usual move. But if the close is below 50% then we should expect that they average only the price. All off this doesn't mean the low don't hold, is just the safiest approach. Closing below and...

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Quoting kttradess

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{quote} ah yep and this now makes sense why you always comment on opening prices and the importance of breaking them because it gives you a direction

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Quoting Goldslave

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5055 then drop again? Lol

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Quoting Goldslave

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{quote} exacly in minute....

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Quoting Deal

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{quote} 5053.877 is median daily resistance align with others, but i am not convinced we go down either. We break Ny, so 5105 still in my horizon... Let's see what this 4h does, if confirm we stay ranging or we in fact can trend today... One thing i know, Asia window breakout higher and is untested, so most likely one more time we should go there. The question to the upside will be if reject or break it, but clear we are in a fight zone, so we should not have bias for now.

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Quoting Deal

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{quote} Was not news, not even care why they did it, repeatable price movement... That movement scares many people...

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Quoting Mr.fabby

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{quote} Bro you will learn alot Deal has a lot knowledge i regularly read his post and also for the fractal you can see this image There are alot of triangle inside a triangle some are facing up and some are facing down Like we have 5 d1 candle in 1w candle and 6 4h candle in 1d candle so understanding weekly price we need to understand its fractal also same for the Day and any other timeframe {image}

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Quoting PixelAura

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Wave B trying hard 5080-5110 resistance $5138(61.8%) if resistance smash 5020-15 H1 support

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Quoting Deal

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{quote} 5053.877 is median daily resistance align with others, but i am not convinced we go down either. We break Ny, so 5105 still in my horizon... Let's see what this 4h does, if confirm we stay ranging or we in fact can trend today... One thing i know, Asia window breakout higher and is untested, so most likely one more time we should go there. The question to the upside will be if reject or break it, but clear we are in a fight zone, so we should not have bias for now.

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Quoting Goldslave

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{quote} Just a good for TP( scalp) From here expected 502x area.. before Up again.... not much room for ranging...unless they want break 5090 in Asia or Lindon just my view

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Quoting Deal

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{quote} This is a game of probabilities at this zone. Today is wednesday, monday breakout higher, already talk a lot about monday, isn't locked yet but is to be into account, the only level in median monthly range not taped is 5105, we close above Ny, open gap up above Ny macro, we can go down, but is not where i see the probabilities.. If we go then 4971 is a target also aligned with a monthly level 4969.5. Notice that today they are taping every 30m open lol You all can look lower than 4h, today i only trade 4h and london... Is not worthy trade...

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Quoting aleena1

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{quote} Looks like price wants to take out 4 Feb + 30 Jan highs ...but I’m still holding my sell. Either I’m a genius… or this is a paid market lesson {image}

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Quoting admaaran.27

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{quote} sticking to higher TF makes sense as the volatility is unpredictatble. we cant say the big swings are over yet.

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