Crowd sentiment has turned bearish, will look for longs for tomorrow.
- #52,807
- May 27, 2026 4:17pm May 27, 2026 4:17pm
The maximum average movement for today was 103,257, then is just do it a measure from the high of the day or from yesterday close.... People will surprise how pin point it can be... Maybe is random, maybe is not.... However surprising it may be, it's not atr, it's not adr... It's way more precise... Just search ES1 on trading view and apply it to gold, just don't use it blinded, in any market nothing is precise all the time... And again like any other pattern or concept, don't forget deviations... Start thinking out the box, don't follow myths......
Please correct me if I'm wrong
GMK
- #52,808
- May 27, 2026 4:20pm May 27, 2026 4:20pm
- Joined Nov 2024 | Status: Trader | 5,683 Posts
{quote} You mentioned ES1 would it not be GC1 for gold? Please correct me if I'm wrong
Is ES1... Trust me on this...
It should be but it isn't...
Take the forecast range and apply it like i said...
And about brokers use Oanda to this...
- #52,809
- May 27, 2026 5:15pm May 27, 2026 5:15pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,374 Posts
When life gives you lemons, make lemonade
- #52,810
- May 27, 2026 5:16pm May 27, 2026 5:16pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,374 Posts
When life gives you lemons, make lemonade
- #52,813
- Edited 6:39pm May 27, 2026 6:27pm | Edited 6:39pm
- Joined Jul 2011 | Status: Gold Again | 10,698 Posts
Daily has closed inside the previous range .
Thanks
MAY THE TREND BE WITH YOU
XAUUSD BUY SETUP 
Market has finally broken out from the sideways consolidation phase and is now approaching the golden support zone. The highlighted golden zone is acting as a strong demand area where buyers may step in aggressively.
There is a high probability that price will respect this zone and deliver a strong bullish reaction from here. Recent price action also shows seller weakness as momentum is slowing down near support.
Buy Zone: 4425 – 4435
Target 1: 4465
Target 2: 4490+
Invalidation: Strong candle close below the golden zone
Patience is the key — waiting for confirmation near support can provide a high probability buying opportunity.
Market has finally broken out from the sideways consolidation phase and is now approaching the golden support zone. The highlighted golden zone is acting as a strong demand area where buyers may step in aggressively.
There is a high probability that price will respect this zone and deliver a strong bullish reaction from here. Recent price action also shows seller weakness as momentum is slowing down near support.
Buy Zone: 4425 – 4435 Target 1: 4465 Target 2: 4490+ Invalidation: Strong candle close below the golden zonePatience is the key — waiting for confirmation near support can provide a high probability buying opportunity.
- #52,815
- May 27, 2026 6:57pm May 27, 2026 6:57pm
- Joined Jun 2009 | Status: Trend Trader | 6,629 Posts
XAUUSD BUY SETUP
If you think you can or cannot do it you are correct
- #52,816
- May 27, 2026 7:05pm May 27, 2026 7:05pm
- Joined Jul 2011 | Status: Gold Again | 10,698 Posts
{quote} You forgot to add the chart
MAY THE TREND BE WITH YOU
- #52,817
- May 27, 2026 7:06pm May 27, 2026 7:06pm
- Joined Jul 2011 | Status: Trader | 3,355 Posts
Holy Betting Grail strategy
{quote} Use your imagination, what I want is the definition of "confirmation". {image}
thank you.
{quote} You forgot to add the chart
I was mainly focused on the price action and the reaction from the golden zone. The setup is still valid because the market already broke out from the sideways consolidation and is now coming back for a possible support retest.
Sometimes clean price action tells a better story than adding too many drawings on the chart. Now it’s all about how the market responds from this zone
- #52,820
- May 27, 2026 7:28pm May 27, 2026 7:28pm
- Joined Jul 2011 | Status: Gold Again | 10,698 Posts
{quote} this may seem pretty amateur of me but when you say the market has broken out of a consolidation, what do you mean by that in the context of the photo? thank you.
Ask this guy -
https://www.forexfactory.com/thread/...0#post15725470
MAY THE TREND BE WITH YOU