Attachments: Gold with No Drama

Gold with No Drama

#54,601
Jun 4, 12:58am (6 hr ago) Jun 4, 12:58am (6 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,841 Posts | Online Now

Gold H1 Analysis
Gold is currently trading inside a descending channel with price reacting around the 4440-4475 support zone. Its showing bearish pressure remains dominant while lower highs continue to form. A break below 4435 can trigger further downside toward 4390 and 4320 liquidity zones. However if buyers reclaim 4500-4520 gold may attempt a short term recovery toward 4550 and 4595 resistance levels. Overall structure still favors sell side continuation unless strong bullish momentum appears above the channel resistance.
Fundamentally gold remains sensitive to USD strength, bond yields and upcoming US economic data. Stronger US dollar and hawkish Federal Reserve expectations are keeping pressure on gold prices while recession fears and geopolitical uncertainty are still providing some safe haven support. Wait for upcoming US news for the confirmation of next directional move.
Trade Plan – Buy Setup
Buy Zone: 4440-4460
Targets: 4500, 4550, 4595
Invalidation: H1-H4 close below 4425
Trade Plan – Sell Setup
Sell Zone: 4490-4520
Targets: 4450, 4390, 4320
Invalidation: H1-H4 close above 4555

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Patience

#54,602
Jun 4, 1:25am (6 hr ago) Jun 4, 1:25am (6 hr ago)

Mrafi1982
Joined Mar 2020 | Status: Trader | 462 Posts | Online Now

Quoting Deal

Disliked

{quote} Is how a trend moves without news, the momentum was at 4366, think on that, don't look only to the narrative of bears... As can reverse from here... 4h must close above 3h from now of this price... Is testing it and as a test can still flip.... {image}

Ignored

4463 is still a valid support yeah? possibilities of reaching there?
because I see h1 rejecting 4474 at the moment

#54,603
Jun 4, 1:32am (6 hr ago) Jun 4, 1:32am (6 hr ago)

SunMM
| Joined Feb 2025 | Status: Trader | 19 Posts | Online Now

I think price buys straight up to that 1H fvg, but very aggressive and have some big sell candles, maybe price can respect that Fvg and sell down or even very strong down
That's is my opinion, I see it sometimes

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#54,604
Jun 4, 1:45am (6 hr ago) Jun 4, 1:45am (6 hr ago)

daemondeluxe
Joined Apr 2020 | Status: Trader | 399 Posts

Chart´s pointing towards May´s low (4375ish) imho. This is yet another bear trap created from Asia´s excess money that came from yesterday´s downwards move. If I´m right we shouldn´t be touching the breakout point (4493ish).

4473 is today´s Cam H4 on my charts.

#54,605
Jun 4, 1:48am (6 hr ago) Jun 4, 1:48am (6 hr ago)

Muxb7
| Joined Dec 2025 | Status: Trader | 12 Posts

Quoting SibiSh

Disliked

Gold H1 Analysis Gold is currently trading inside a descending channel with price reacting around the 4440-4475 support zone. Its showing bearish pressure remains dominant while lower highs continue to form. A break below 4435 can trigger further downside toward 4390 and 4320 liquidity zones. However if buyers reclaim 4500-4520 gold may attempt a short term recovery toward 4550 and 4595 resistance levels. Overall structure still favors sell side continuation unless strong bullish momentum appears...

Ignored

hello guys
hope everyone is doing well.
i see that here everyone is so professional. Am in forex market like 7 months.
what will be your advise for me to learn and to be professional trader.
i want to be day trader.

#54,606
Jun 4, 1:49am (6 hr ago) Jun 4, 1:49am (6 hr ago)

Anxnd
| Joined Oct 2025 | Status: Trader | 90 Posts | Online Now

Buy 4454

#54,607
Jun 4, 1:50am (6 hr ago) Jun 4, 1:50am (6 hr ago)

cobblecop
| Joined Aug 2025 | Status: Insider | 86 Posts

Looking for a quick 1:1 scalp.

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#54,608
Jun 4, 1:53am (5 hr ago) Jun 4, 1:53am (5 hr ago)

daemondeluxe
Joined Apr 2020 | Status: Trader | 399 Posts

Quoting Anxnd

Disliked

Buy 4454

Ignored

It didnt reach 54 in the past 10 minutes. It didnt even reach 60.

Can we get access to your broker as well? We could make a crapload of money seeing you´re buying 20 dollars under the market, bub.

#54,609
Jun 4, 1:54am (5 hr ago) Jun 4, 1:54am (5 hr ago)

Mrafi1982
Joined Mar 2020 | Status: Trader | 462 Posts | Online Now

Quoting daemondeluxe

Disliked

{quote} It didnt reach 54 in the past 10 minutes. It didnt even reach 60. Can we get access to your broker as well? We could make a crapload of money seeing you´re buying 20 dollars under the market, bub.

Ignored

prob he meant when it gets to 4454

#54,610
Jun 4, 1:58am (5 hr ago) Jun 4, 1:58am (5 hr ago)

daemondeluxe
Joined Apr 2020 | Status: Trader | 399 Posts

Quoting Mrafi1982

Disliked

{quote} prob he meant when it gets to 4454

Ignored

If that´s the case he could be partially right, Cam H3 is sitting at 53. I´m seeing a drop to prev lows though, gay bear through and through here,

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#54,611
Jun 4, 2:05am (5 hr ago) Jun 4, 2:05am (5 hr ago)

babayaga
Joined Aug 2010 | Status: Trader | 5,357 Posts

our "working" range, imo, if keep it simple, stupid = KISS

4453.7 / a middle of daily + DPP at 4452 ------ 4483.8 / a middle of weekly candle - still need to archive

back to DPPs area 4445-52th.., again and again = "i want your money day"
4465.18 is DR1/DeMark's.., so as you can see price is already playing slightly above.., so come above and go.., no-no.., not gonna be that easy (?!) imo
or
let's find out

p,s, edited.., i continue to ""print* 45xx price instead of 44xx.., sorry

dolce vita

#54,612
Jun 4, 2:05am (5 hr ago) Jun 4, 2:05am (5 hr ago)

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,848 Posts | Online Now

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#54,613
Jun 4, 2:05am (5 hr ago) Jun 4, 2:05am (5 hr ago)

nhance123
| Joined Aug 2020 | Status: Trader | 4 Posts

Quoting daemondeluxe

Disliked

{quote} If that´s the case he could be partially right, Cam H3 is sitting at 53. I´m seeing a drop to prev lows though, gay bear through and through here, {image} {image}

Ignored

can start drama jumping noww

#54,614
Jun 4, 2:11am (5 hr ago) Jun 4, 2:11am (5 hr ago)

daemondeluxe
Joined Apr 2020 | Status: Trader | 399 Posts

Quoting babayaga

Disliked

our "working" range, imo, if keep it simple, stupid = KISS 4453.7 / a middle of daily + DPP at 4452 ------ 4483.8 / a middle of weekly candle - still need to archive back to DPPs area 4445-52th.., again and again = "i want your money day" 4465.18 is DR1/DeMark's.., so as you can see price is already playing slightly above.., so come above and go.., no-no.., not gonna be that easy (?!) imo or let's find out p,s, edited.., i continue to ""print* 45xx price instead of 44xx.., sorry

Ignored

Hey baba. How´d you get DPP at 52 if my H3 is at 53? Difference in broker GMT skew?

#54,615
Jun 4, 2:20am (5 hr ago) Jun 4, 2:20am (5 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,841 Posts | Online Now

Quoting Muxb7

Disliked

{quote} hello guys hope everyone is doing well. i see that here everyone is so professional. Am in forex market like 7 months. what will be your advise for me to learn and to be professional trader. i want to be day trader.

Ignored

My advice is first learn risk management and psychology then strategy.
Pick one trading style one setup and master it instead of jumping between many indicators.
Practice on demo with real emotions, journal every trade and stay patient.
Also avoid fake luxury traders on social media.
Consistency and discipline are what make a professional day trader over time.
Good luck on your journey

Patience

#54,616
Jun 4, 2:21am (5 hr ago) Jun 4, 2:21am (5 hr ago)

babayaga
Joined Aug 2010 | Status: Trader | 5,357 Posts

want to show this ichi chart

H4, ichi

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it's time for possible break up.., but Chikou/Lagging Span doesn't look "perfect".., so
needs "push" or "trend"

dolce vita

#54,617
Jun 4, 2:22am (5 hr ago) Jun 4, 2:22am (5 hr ago)

cobblecop
| Joined Aug 2025 | Status: Insider | 86 Posts

Quoting SibiSh

Disliked

{quote} My advice is first learn risk management and psychology then strategy. Pick one trading style one setup and master it instead of jumping between many indicators. Practice on demo with real emotions, journal every trade and stay patient. Also avoid fake luxury traders on social media. Consistency and discipline are what make a professional day trader over time. Good luck on your journey

Ignored

Agreed. Especially if you are trading prop firms, risk management is king. You can take random trades and still get payouts with an excellent risk management plan.

#54,618
Jun 4, 2:26am (5 hr ago) Jun 4, 2:26am (5 hr ago)

Muxb7
| Joined Dec 2025 | Status: Trader | 12 Posts

Quoting SibiSh

Disliked

{quote} My advice is first learn risk management and psychology then strategy. Pick one trading style one setup and master it instead of jumping between many indicators. Practice on demo with real emotions, journal every trade and stay patient. Also avoid fake luxury traders on social media. Consistency and discipline are what make a professional day trader over time. Good luck on your journey

Ignored

thank you for the advice
what’s the minimum equity that I can start

#54,619
Jun 4, 2:27am (5 hr ago) Jun 4, 2:27am (5 hr ago)

babayaga
Joined Aug 2010 | Status: Trader | 5,357 Posts

Quoting daemondeluxe

Disliked

{quote} Hey baba. How´d you get DPP at 52 if my H3 is at 53? Difference in broker GMT skew?

Ignored

i do not know why

M15, DPP/Floor&DeMark's

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imo, looks like you need to check

have a nice day

p,s.need to leave.., back before NYO

dolce vita

#54,620
Jun 4, 2:29am (5 hr ago) Jun 4, 2:29am (5 hr ago)

Mrafi1982
Joined Mar 2020 | Status: Trader | 462 Posts | Online Now

Quoting Muxb7

Disliked

{quote} thank you for the advice what’s the minimum equity that I can start

Ignored

most impt is the ability to accept that you are wrong and move on. No ego again the market. We cant prove to the market that we are always right. the market will humble us.