No attacks just gold trades/analysis

Quoting canyouu

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{quote} I think the market sometimes act like confused, which in real sense i think it a way to trick majority or confuse you entirely and the effect/consequences could be a revenge trading instead of staying out and study the market or just stay out , if you don't really understand what you are doing or don't trust your strategy that much you could end up with many losses as a result of revenge trading.

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Quoting mloistianto

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okay i am selling here @5001. SL 5025 Cheers.

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Quoting canyouu

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i have discovered a lot the past 8 months and it's somehow sad i didn't know/understand these things the past 2 years until last year.

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Quoting canyouu

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{quote} So actually tomorrow is first quarter GDP and core PCE data day so the market is preparing for tomorrow so it's beginning to give clue of possible direction tomorrow, i have talked about this before that the day before or the exact day price action mostly gives clue before the data drops .

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Quoting mloistianto

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Morning, i have enough sleep, I am reload my sell here @ 4994, Cheers

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Quoting canyouu

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{quote} A buy at 4991-86, sl at 4972, and tp at 5027-33, i see a possible buy to 5027-33 to clear sell liquidity before a possible sell start from 5027-33 area. {image} A buy at 4991-86, sl at 4972, and tp at 5027-33, i see a possible buy to 5027-33 to clear sell liquidity before a possible sell start from 5027-33 area.

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Quoting canyouu

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{quote} Let reduce sl to 4974 rather and tp at 5025-30 as well. {image} Let reduce sl to 4974 rather and tp at 5025-30 as well.

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Quoting canyouu

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{quote} A sell at 5025-30, sl at 5043 and hold, so close buy and sell. {image} A sell at 5025-30, sl at 5043 and hold, so close buy and sell.

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Quoting canyouu

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{quote} Bulls are likely to push price up until the news drops, the news will decide but since bulls broke some major sell zones i guess the news will rather push it up more just that any direction is possible during the news like 50, 50, and also i can't say sell is currently over since we are still below 5060, but I would say chances of selling is now small but it could go to 5055-60 and still sell but chances are low . Trading looks more interesting now and i can say this market is more complex than you would imagine but once you get the concept...

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Quoting mloistianto

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I am still counting on the bull for now. Since the pressure up quite high. Once it looses momentum i will find a sell entry, otherwise i will sit this one out. Cheers

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Quoting canyouu

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{quote} Though it broke some major sell zones, the bullish momentum is low, so I think there could be a sell from 5044-50 or even 5060 area, and i believe inflation will be low with higher than previous GDP data

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Quoting canyouu

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{quote} Ideally from my chart the sell zone is from 5044-50 but it looks like the market has taken the initial test at 5042 around green circled area as the ideal test since it's just close to 5044 and also maybe because different brokers have different closing and open prices , we might sell around 5025-30 again so I suggest we close our buy now and target sells if we close below 5025.{image}

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Quoting canyouu

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{quote} A sell at 5025-30, sl at 5042 and allow it to run or close it when you feel like closing {image} A sell at 5025-30, sl at 5042 and allow it to run or close it when you feel like closing

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