₦airaland Forum

I will resist the urge to buy gold at any price short of 1800 as the risk reward at 1805 is not worth the risk.

For those who want to get a good risk reward, wait until tomorrow when you'll likely buy at around 1818 region to get 1838 with minimal risk.

For now, it's a struggle.

My thoughts on gold.

Gold is a BUY but it's currently doing a correction.
I will avoid any sell, I would rather look for a buy entry.

I think it may find support at 1797 region today for a Target of 1815

So a possible trade could be

1800 - 1815

Market is unfavorable for now until the bears are defeated; after correction.

Fxwarrior:
Gold trade

Sell 1805
Stoploss 1810

Target 1785

Deleted order. Tomorrow we look for possible entry.

Gold trade

Sell 1805
Stoploss 1810

Target 1785

; Do

Gold trade

Buystop 1790
Stoploss 1780
Target 1810

samfelly:
You and Forexislife just dey dangle Gold trades for my eyes these days . Abi make I woo the idiot digger back ni? Just that the babe don stir great fear inside me totally. Maybe I no go dey feed her with 0.1 lot again. Only 0.02 or 0.01 should do her.

Gold! I wan romance u, again, behave!!

Forget inspirational quote. You need to demo trade it. Once emotions set in, that's when the problem starts.

From fundamentals gold is reaching for 18xx.

Gold trade


Buystop 1780
Stoploss 1775

Target 1810

Gold trade
Buystop 1790
Stoploss 1780
Target 1810

Fxwarrior:
Gold trade

Sellstop 1780
Stoploss 1785
Target 1760

Corrected

Fxwarrior:
Gold trade

Sellstop 1775
Stoploss 1780
Target 1755

If price jumps to 1790, I would sell around that region.

Gold trade

Sellstop 1775
Stoploss 1780
Target 1755

Nobody.

Emocruize:
Na C

no Doubt

Yet holding a book?

zonall:
... sorry boss for quoting you, I am banned from direct posting, so I had to quote you.

XAUUSD SELL
ENTRY: 1777 - 1779
SL: 1783
TP: 1755

No problem but I hope you considered daily and weekly before reaching this conclusion.

Price is key. I expect to see 179x today before a fall to 177x

The ultimate aim is retest of 18xx region this week for a possible break.

Forexislife:
Hmmm, we indeed see differently in the market.

My own bias is still sell. Intra day by the way.

Market can still satisfy us. It should rise before any fall just like yesterday.

Gold trade

Buy at 1772
Stoploss 1762
Target 1792

Ikillbrokehoes:
Interesting...


I watched the series and it's not that bad, it's worth the hype

Red light, Green light.

Very interesting series.

house10s:
didn't even notice till now.

been watching squid Game.

lovely series

Please recommend some more nice series for me

Gold

Buy at 1760
Stoploss at 1755

Target 1780

Golden Gold.

It should get to 1710 atleast by tomorrow.

CopyJoe:
@Fxwarrior

USDIndex....

That's how I know the strength or weakness of the dollar.

If you can interpret the structure and candlesticks info, you'll be spot on.

A strong dollar would mean selling gold.

Gold to get to 1773 before dropping to 1740 and below

Fxwarrior:
Gold will likely reverse tomorrow or Wednesday. It has broken some key support and this week is tilted to be bearish.

It is happening. We are seeing 16xx by Friday.

Price currently at 1763

CopyJoe:
Asides from candlesticks formation, market structure....

The weakness of the dollar.

How do you guage the weakness of the dollar?

charly20:
I like the idea of going short on Gold today.

This is the plan.

Goodluck to us all!

What price is your 4?

Buy gold 1778
Stoploss 1775
Target 1791

CopyJoe:
Any sell is a retracement. Which could be major or minor. But I believe if it happens it will be minor

Gold will most likely buy.

I see a buy.

What informs your buy?

CopyJoe:
I expect AU, GU, GJ, ZU, EU & Gold to buy in the next couple of days.

I choose EU and GU because of my equity.

I'll add more positions if my trades are in profit and secured.

Gold will likely reverse tomorrow or Wednesday. It has broken some key support and this week is tilted to be bearish.

Fxwarrior:
Gold

Sellstop 1755
Stoploss 1765

Target 1710

Gold may find resistance at 1773 or 1789

Gold

Sellstop 1755
Stoploss 1765

Target 1710