Gold with No Drama

Quoting jessetoye

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{quote} Yes — I do see the possibility of a discount buy before a premium sell, but the market still needs to engineer liquidity below 4067/4064 first. If price simply breaks and holds below 4056, then the discount-buy idea is invalidated and sellers likely target 4035–40 Key Levels for Today. Don't forget price does not move in one direction. Discount Buy Zone: 4056 – 4065 Equilibrium: 4076 First Premium: 4103 – 4111 Major Premium Sell Zone: 4120 – 4134

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Quoting fxcontest

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{quote} Wow, the explanation is very clear. Good one I'm not gambling big to that kind of zone My support key level 4048 and 4050, But I don't dare trade the wicks, because of the pattern: drops are very sharp, while rises are gradual—though they become sharp after a breakout. but in the end the profit must still be much greater than the small loss taken

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Quoting fxcontest

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My trading differs when using a prop firm; I took a BUY entry at 4082 upon the candle close.

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Quoting jessetoye

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{quote} Are you aware there is a gap to be filled, if not today but tomorrow?

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Quoting fxcontest

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{quote} I follow patterns and TL—not like ICT gap or anything like that.

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Quoting jessetoye

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{quote} It can still profit, If gap get filled and London BUys the deep. Deep is from 0.0 and -23 after making sure indicators plus candles print rejection clearly.

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Quoting HokageNeptun

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Man, this selling is really frustating for me, i ve,been waiting for gold to hit 4020 from ages and its going zigzag making large high swings like, event if it wants to go up just take lquidity below 4020 then decide the next move , f this

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Quoting jessetoye

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{quote} When you leave ICT gap, why trade like a retailer?

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Quoting fxcontest

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{quote} Cutloss, Now SELL

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Quoting jessetoye

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{quote} But the key levels shall be respected. There must be a Pump upwards before that deep. Price does not just move in one direction you know? I would rather suggest Buy at 4022(Look out for a rejection candle) TP 4075

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Quoting Muxb7

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{quote} panic sell

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Quoting SibiSh

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{quote} IMO 4022 is not a key level, 3999-4007 is the key level which should be hold for 4060-70. I think most of us did not see long term key levels which we should watch closely like if 3999-4007 not hold then we will see 3874 and remember this will be last main support for gold because after this we have not strong support till 3450.

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Quoting BeeTogether

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Pending Sell at 4080-4070 previous support areas

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Quoting jessetoye

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{quote} Are you will to wait out the gap getting filled first? I suggest you let it retest

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