Disliked{quote} Just thinking if it gets to 690 area where the extreme supply is would it go back down?Ignored
Just
Disliked{quote} Just thinking if it gets to 690 area where the extreme supply is would it go back down?Ignored
Disliked{quote} Just thinking if it gets to 690 area where the extreme supply is would it go back down?Ignored
DislikedXAUUSD / Gold View – 15M Structure My view on gold at the moment is that I wouldn’t call this a full bullish reversal just yet, but the short-term structure has definitely shifted more bullish compared to the previous sell-off. On the 15M chart, gold sold off aggressively into the $4,510–$4,520 support area, then started building a recovery with higher lows. The important part for me is that price has now broken back above the previous intraday structure around $4,580–$4,590, which suggests buyers have regained short-term control. That being said,...Ignored
DislikedXAUUSD / Gold View – 15M Structure My view on gold at the moment is that I wouldn’t call this a full bullish reversal just yet, but the short-term structure has definitely shifted more bullish compared to the previous sell-off. On the 15M chart, gold sold off aggressively into the $4,510–$4,520 support area, then started building a recovery with higher lows. The important part for me is that price has now broken back above the previous intraday structure around $4,580–$4,590, which suggests buyers have regained short-term control. That being said,...Ignored
Disliked{quote} Insightful,. Thank you.. But I think the bears are waiting for the bulls at that 4700 area(supply) Don't you think?Ignored
Disliked{quote} XAUUSD Update – 30M Gold has now continued the bullish reaction and is currently trading around $4,630. The short-term structure has clearly shifted from bearish correction into bullish recovery, especially after price reclaimed the previous intraday structure around $4,580–$4,600. The latest push looks like a strong impulsive move from the London low area, with price now testing the LO.H / local high zone around $4,625–$4,635. This is the first area where I would expect some reaction, as price has moved quite aggressively without giving...Ignored
DislikedFinal sell added at 4645...BOJ intervening in the market but sooner or later a retrace to 4590-4550 is imminent...Ignored
Disliked{quote} I got you the first time mate.. Very well understood.. We all know how gold can just rally unending,. I was simply stating the possibility of it not stopping for a retest,. And just goes all the way to the extreme supply (4700) area,. And we,. Waiting for a pullback would've missed that trade...Ignored
So I agree with the possibility of missing the move, but I’d rather trade confirmation than emotion. Gold rewards patience, but punishes late entries.
DislikedXAUUSD update Gold is still holding bullish structure after the strong impulse from the lows, but price is now consolidating under the next resistance area. For me, the current map is clear: Bull zone: around 4645–4650 If price accepts above this area, I’d expect continuation toward 4660 / 4670+. Immediate pullback zone: around 4625–4630 As long as this holds, the bullish structure remains valid and dips can still be treated as corrective. Deeper pullback: around 4605–4580 If 4625 breaks, then I’d expect a deeper retracement into this area before...Ignored
Disliked{quote} Standing firmly behind your bias,.I love the discipline ma'am.. That's another thing I need to learn!
You still didn't add your stop loss though,. Just for insights..
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