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No attacks just gold trades/analysis

  • #4,561
  • Jun 26, 5:50am (6 hr ago) Jun 26, 5:50am (6 hr ago)
Quoting levox
Should we go for sell now?

this is a fresh trend and the worst thing to do is trading against fresh trend , the buy might delay by not moving many pips because it has a limit to move to either 4300 or 4500 depending on where it closes by Tuesday market close
  • #4,562
  • Jun 26, 5:54am (6 hr ago) Jun 26, 5:54am (6 hr ago)
@GregDavis, isn't that risky opening a sell at 4050?
  • #4,563
  • Jun 26, 5:57am (6 hr ago) Jun 26, 5:57am (6 hr ago)
Quoting canyouu
{quote} A buy at 3985-80, sl at 3961 and this is a buy and hold {image} A buy at 3985-80, sl at 3961 and this is a buy and hold


You can close anywhere from current price to 4065, that is a good move and a good day.
Attached Image (click to enlarge)
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You can close anywhere from current price to 4065, that is a good move and a good day.
  • #4,564
  • Jun 26, 5:59am (6 hr ago) Jun 26, 5:59am (6 hr ago)
Change of Character or just Retracement?
  • #4,565
  • Jun 26, 6:01am (6 hr ago) Jun 26, 6:01am (6 hr ago)
Quoting canyouu
{quote} You can close anywhere from current price to 4065, that is a good move and a good day. {image} You can close anywhere from current price to 4065, that is a good move and a good day.
Good day
  • #4,566
  • Jun 26, 6:05am (6 hr ago) Jun 26, 6:05am (6 hr ago)
Quoting ku3al
Change of Character or just Retracement?
By the analysis, change of character
  • #4,567
  • Jun 26, 6:11am (5 hr ago) Jun 26, 6:11am (5 hr ago)
Till 4098-4100 Bullish
  • #4,568
  • Jun 26, 7:17am (4 hr ago) Jun 26, 7:17am (4 hr ago)
NY will take this down towards 4000
  • #4,569
  • Jun 26, 8:18am (3 hr ago) Jun 26, 8:18am (3 hr ago)
HI sell @ 4050

SL @ 4070

Cheers
  • #4,570
  • Jun 26, 8:20am (3 hr ago) Jun 26, 8:20am (3 hr ago)
Quoting mloistianto
HI sell @ 4050 SL @ 4070 Cheers
I think it will pump up a bit more
  • #4,571
  • Jun 26, 8:32am (3 hr ago) Jun 26, 8:32am (3 hr ago)
Quoting Amrb77
{quote} I think it will pump up a bit more
Its okay if it does, this is my last trade for this week.

Cheers
  • #4,572
  • Jun 26, 8:37am (3 hr ago) Jun 26, 8:37am (3 hr ago)
Quoting canyouu
{quote} this is a fresh trend and the worst thing to do is trading against fresh trend , the buy might delay by not moving many pips because it has a limit to move to either 4300 or 4500 depending on where it closes by Tuesday market close
I'm bold to say that we cannot see 4500 just yet unless there is a fundamental backing to it, and the best we can get is probably 4300, which has a 50/50 chance. 4500 is such a huge range that can only be triggered by fundamentals.
  • #4,573
  • Edited 9:01am Jun 26, 8:51am (3 hr ago) | Edited 9:01am
Quoting mloistianto
HI sell @ 4050 SL @ 4070 Cheers
okay thats it for today out @ 4068

see u next week guys. happy weekend
  • #4,574
  • Jun 26, 9:29am (2 hr 39 min ago) Jun 26, 9:29am (2 hr 39 min ago)
Quoting mloistianto
{quote} okay thats it for today out @ 4068 see u next week guys. happy weekend
I too got caught up shorting from 71. I thought it might reverse but went straight to my Sl at 90
Now I don’t feel confident shorting from 90. Gonna wait out
  • #4,575
  • Jun 26, 9:44am (2 hr 25 min ago) Jun 26, 9:44am (2 hr 25 min ago)
Quoting GreatDee
{quote} I'm bold to say that we cannot see 4500 just yet unless there is a fundamental backing to it, and the best we can get is probably 4300, which has a 50/50 chance. 4500 is such a huge range that can only be triggered by fundamentals.



i didn't expect this reply though it's not harmful, i think it will be good if you don't comment on my post sounding like a challenge.
What I posted is a speculation which is our job in this market, you can't say price can't get to 4500 when the next lower high is at 4790 on weekly, when market create a lower low the next thing is to create a lower high and it could move all the way to 4790 area before the sell again unless there are major zones on it way and for now and you can only say price would not go to 4500 unless price closes below 4300 by Tuesday which looks likely but Monday and Tuesday anything could happen because gold is capable of moving 3000 pips a day these days
  • #4,576
  • Jun 26, 9:52am (2 hr 17 min ago) Jun 26, 9:52am (2 hr 17 min ago)
Quoting Amrb77
{quote} I too got caught up shorting from 71. I thought it might reverse but went straight to my Sl at 90 Now I don’t feel confident shorting from 90. Gonna wait out
When you miss a good entry. its always best to wait or ignore the trade entirely. Once you retain your capital, many more opportunities will come.
  • #4,577
  • Jun 26, 9:57am (2 hr 11 min ago) Jun 26, 9:57am (2 hr 11 min ago)
Overal very positive for buys, good structure. if we have clean brake 4093 i predict 4382 next week, already in from 4050 so yeah
  • #4,578
  • Jun 26, 9:59am (2 hr 10 min ago) Jun 26, 9:59am (2 hr 10 min ago)
Quoting levox
Should we go for sell now?



i hope you have understood why I said it a fresh trend and the worst you could do is shorting
  • #4,579
  • Jun 26, 10:00am (2 hr 8 min ago) Jun 26, 10:00am (2 hr 8 min ago)
Quoting canyouu
{quote} i didn't expect this reply though it's not harmful, i think it will be good if you don't comment on my post sounding like a challenge. What I posted is a speculation which is our job in this market, you can't say price can't get to 4500 when the next lower high is at 4790 on weekly, when market create a lower low the next thing is to create a lower high and it could move all the way to 4790 area before the sell again unless there are major zones on it way and for now and you can only say price would not go to 4500 unless price closes below...
Did you read this carefully, Canyouu?? What I said was also speculative and did not sound certain in any way. The market is a mixture of fundamentals and structure. Fundamentals is the WHY, and structure is the WHERE. As you said, it's not harmful. I'm just saying, with the current strength of the USD, seeing a higher gold price is not expected soon. This is also a speculation based on current economic data.
PS: I don't have time for a challenge that doesn't make me money. Having a counteropinion isn't always a challenge. Learn to embrace differences.
  • #4,580
  • Jun 26, 10:08am (2 hr 1 min ago) Jun 26, 10:08am (2 hr 1 min ago)
Quoting Amrb77
{quote} I too got caught up shorting from 71. I thought it might reverse but went straight to my Sl at 90 Now I don’t feel confident shorting from 90. Gonna wait out



even when I was saying it was a new trend and not good for shorting you were still selling and this is what will make the work difficult because you all will end up losing everything as a result of over trading but everyone is free to do anything at his own will and I will try what I can but it's not that easy to give update on trades from midnight with disrupted sleep patterns not to talk about stress and weakness during the day because of less sleeping time
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