In my view, the price should close the gap, though it might first test new highs—especially if a sharp drop is anticipated following a Fed rate hike. Even so, it is best to wait until after the New York open to see the price break out of the current range and determine its direction.
- #67,166
- Jul 27, 6:17am (52 min ago) Jul 27, 6:17am (52 min ago)
- Joined Aug 2010 | Status: Trader | 5,518 Posts | Online Now
M30 VWAP, VP today/last range, Fib
VWAP at 4096th
today POC at 4091
"last range" POC at 4048 and VP shows "range" mode.., if we'll take range following Fib, we got 4038.50-4110.98.., breaking any side can lead to "SOME" extension..,
btw, WPP/Classic at 4066 & DPP at 4052.., price plays between 4109/DeMark's MPP & 4091th/DeMark's WPP
and future MPP/Classic around 4087th right now
VWAP at 4096th
today POC at 4091
"last range" POC at 4048 and VP shows "range" mode.., if we'll take range following Fib, we got 4038.50-4110.98.., breaking any side can lead to "SOME" extension..,
btw, WPP/Classic at 4066 & DPP at 4052.., price plays between 4109/DeMark's MPP & 4091th/DeMark's WPP
and future MPP/Classic around 4087th right now
dolce vita
- #67,167
- Jul 27, 6:19am (50 min ago) Jul 27, 6:19am (50 min ago)
{quote} but I had a long day on Friday and I wasn't even expecting dozing off, but it is what it is
- #67,168
- Jul 27, 6:23am (46 min ago) Jul 27, 6:23am (46 min ago)
{quote} maybe for FX he’s killing it lol! But Yh man London is just a scalp for me now OB’s and FVG’s small stops with small 3:1’s easily achievable. But like you must of seen bro past weeks /months New York opens and just destroys London in 1/2 hours. I feel a lot of us waste money trying to trade London when actually is more stressful than New York. But just keep an eye on 4102 bro my target for short with 3/4$ stop then give us the gap fill
. Also yea NY has been crazyyy these past few weeks. I couldn't tell you about months since I've only recently started trading gold but I will backtest ( though I do assume it's more so because of the war market? ).Just for perspective, last friday I lost 4/5 trades in london and 1 BE. I made all of that back up on a singular NY trade with proper confluences and confirmations ( which I do most of the time but london just doesn't seem to care about PA ).
- #67,170
- Jul 27, 6:28am (41 min ago) Jul 27, 6:28am (41 min ago)
{quote} I 100% agree with you goldy! The OB's and FVGs, then the FVGs turned to IFVGs work SO well with smaller stop losses in london it's actually mental if people don't know the sauce yet
- #67,171
- Jul 27, 6:30am (39 min ago) Jul 27, 6:30am (39 min ago)
- Joined Oct 2024 | Status: Trader | 1,476 Posts | Online Now
GoldGod Flip3 Return Today:
na
- #67,176
- Jul 27, 6:44am (26 min ago) Jul 27, 6:44am (26 min ago)
many here claims they are "PROFESSIONAL TRADERS" Can these pros explained how orders are processed from our broker(a-book modal/ECN ONLY) to the gold market?
- #67,177
- Jul 27, 6:46am (24 min ago) Jul 27, 6:46am (24 min ago)
- Joined Apr 2026 | Status: Trader | 227 Posts | Online Now
{quote} I also gotta add when the NYSE opens, an hour and a half after NY open, that 1 hour run from open is really really solid for PA too. Tends to follow the direction over a longer run targeting liquidity of untested session H/L
was first level I marked I know I said 4102 as well but price didn’t reject stronger enough for an entry and this is the main OB for me. At BE 4 trades this morning and past 3 all BE
- #67,178
- Jul 27, 6:46am (23 min ago) Jul 27, 6:46am (23 min ago)
- Joined Jun 2013 | Status: Trader | 14,770 Posts
- #67,180
- Jul 27, 6:51am (18 min ago) Jul 27, 6:51am (18 min ago)
- Joined May 2021 | Status: Trader | 1,137 Posts | Online Now
