Disliked{quote} Yes i waiting too , dont selling on fomo, we read candeles and waiting what they show us, but maybe you entry a little bit early maybe for your experience , bcs no HH . 1h. I wait that 1h close 4118 then pulback.Ignored
- #56,383
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- #56,387
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The Phoenix Trader....
- #56,388
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Patience
- #56,389
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Insane in the Brain..
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The Phoenix Trader....
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Insane in the Brain..
- #56,393
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Gold Updated Analysis
Gold remains under strong bearish pressure after breaking below multiple support structures and confirming a lower low formation near the 4023 area. Price is currently attempting a corrective rebound from the recent low but the overall market structure remains bearish as long as it trades below the descending trendline and the key resistance cluster around 4190-4235. There could be a potential retracement toward the 4152, 4192 and 4232 levels. Any recovery into these areas is likely to attract fresh selling interest. A rejection from the 4190-4235 region could trigger another leg lower toward 4000 and below while only a sustained break above the major resistance zone would weaken the current bearish outlook.
Trade Plan - Sell Setup
Sell Zone: 4190-4235
Targets: 4120, 4023, 3893
Invalidation: H1-H4 close above 4268 
Gold remains under strong bearish pressure after breaking below multiple support structures and confirming a lower low formation near the 4023 area. Price is currently attempting a corrective rebound from the recent low but the overall market structure remains bearish as long as it trades below the descending trendline and the key resistance cluster around 4190-4235. There could be a potential retracement toward the 4152, 4192 and 4232 levels. Any recovery into these areas is likely to attract fresh selling interest. A rejection from the 4190-4235 region could trigger another leg lower toward 4000 and below while only a sustained break above the major resistance zone would weaken the current bearish outlook.
Trade Plan - Sell Setup
Sell Zone: 4190-4235
Targets: 4120, 4023, 3893
Invalidation: H1-H4 close above 4268
Patience
- #56,394
- Jun 11, 2:16am (2 hr 1 min ago) Jun 11, 2:16am (2 hr 1 min ago)
- Joined Nov 2024 | Status: Trader | 5,366 Posts
- #56,396
- Jun 11, 2:31am (1 hr 45 min ago) Jun 11, 2:31am (1 hr 45 min ago)
{quote} Closing above 4117.8 looks like.... but the way i am seeing building momentum cautiom that the tap in 4122 can trigger another big fall and at the end can be just a wick of 4117.8 closes matter
- #56,397
- Jun 11, 2:33am (1 hr 43 min ago) Jun 11, 2:33am (1 hr 43 min ago)
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Holy Betting Grail strategy
- #56,399
- Jun 11, 2:36am (1 hr 40 min ago) Jun 11, 2:36am (1 hr 40 min ago)
- Joined Jul 2011 | Status: Trader | 3,173 Posts | Online Now
Holy Betting Grail strategy