No attacks just gold trades/analysis

Quoting canyouu

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{quote} Last week NFP data shows a strong USD and if we are to go with that then we would short gold but that is the fundamental part and even part of the whole fundamental because when uncertainty is high investors turn to good because of it's safe haven nature and currently we are in a period of high uncertainty as I mentioned early so the best thing to do so look for good buy entries and hold because you could wake up one day to see gold above 5000 level though you could take first profits at 4900-5000 for the first phase, but it could move above...

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Quoting canyouu

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{quote} Cyan block pushing price up already, another buy entry in few minutes {image}

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Quoting mloistianto

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i am joining buy @4650. Cheers

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Quoting canyouu

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Is funny how people are shorting gold and others waiting for a close below 4600-4580 to short without considering 4550 and even the fact that we might not even touch 4560 again until we touch 4900-5000.

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Quoting GreatDee

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{quote} I will wait for 4500 to buy or even lower. Doesn't matter how long it would take. We once got to the 4400 region, and I thought it wouldn't get there again, then we hit 4100 some weeks back. I'm looking for a zone where I'd buy or sell and just hold for some time. It's exhausting to actually open and close trades all the time if you ask me. This is why I have chosen swing trading, as it is more relaxing for the mind and brain.

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Quoting canyouu

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Is funny how people are shorting gold and others waiting for a close below 4600-4580 to short without considering 4550 and even the fact that we might not even touch 4560 again until we touch 4900-5000.

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Quoting canyouu

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{quote} I don't see any sell below 4580 until we hit 4900-5000 and I guess last Friday was a buy and hold but unfortunately you were looking sells and today too was good to buy at 4600 and 4550 few minutes ago but you didn't buy because you see lower prices which I don't see happening anytime soon until 4900-5000 or higher , i only see lower prices below 4400 may be getting to the end of Q2 like after 2 moths but who can exactly tell because anything is possible any moment .

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Quoting mloistianto

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I am selling @ 4700, SL @ 4720 Cheers

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Quoting GreatDee

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{quote} Tbh, if there were no mess in the geopolitical space and with this war, I would be buying gold with confidence, but seeing how things have played out in the past few weeks and this consistent back-and-forth between the US and Iran. I'm just reacting to what the market is doing. But most importantly, I'm waiting for the best time to strike, as I still see deeper prices on the last monthly candle.

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Quoting mloistianto

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{quote} Change SL to BE On second thoughts, i want to retire early today so i close this trade @ 4687 Cheers

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Quoting canyouu

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{quote} market closed last month around 4590 area and came down to 4553 after moving to 4800 and that could qualify as the sell momentum in the previous month candle, because if we are to go by the higher time frame candles that formed last week then it should have even sold more last week Thursday to close below 4550 but closing above and failing to close below 4600 this morning tells me we are going to buy more but we could range for some days or weeks after we hit 4900-5000.

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Quoting canyouu

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{quote} Buy at 4653-47, sl at 4626, If you are lucky and it comes down again but it could buy more without coming down again. {image} Buy at 4653-47, sl at 4626, If you are lucky and it comes down again but it could buy more without coming down again.

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Quoting canyouu

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{quote} A buy at 4653-47, sl at 4626 and tp at 4800 or hold and manage {image} A buy at 4653-47, sl at 4626 and tp at 4800 or hold and manage

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Quoting canyouu

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{quote} Close to entry so let see how it goes , a buy and nothing else for me even though trump is coming to speak soon and the released data showed a strong usd{image}

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Quoting canyouu

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{quote} i used to take my trades on these horizontal lines but now we upgraded to tranches, price heading to the ideal entry {image} i used to take my trades on these horizontal lines but now we upgraded to tranches, price heading to the ideal entry

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Quoting canyouu

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{quote} Our entry started doing some magic so let see how far it goes {image} Our entry started doing some magic so let see how far it goes

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Quoting canyouu

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{quote} Beautiful bullish candles forming on some time frames but let wait and see what Trump speech will do in few minutes {image}{image} Beautiful bullish candles forming on some time frames but let wait and see what Trump speech will do in few minutes

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