kumulus:
Something worth sharing, gold structure shifted to bullish a while back and I'm anticipating this current support level should hold just fine. Priced in some buy position and looking to add one more around 1778-1776 and ride it till 1950. Would be nice if this pans out so

Ha! Boss, u don delete those fantastic marked up charts u attached to this write-up? Why, pls? I sincerely loved them - well explained and all

charly20:
, one at a time Mr. Sam.

One at a time.

I hear you, my lord

Elliotwaveforec:
Short NU 6800 SL 6827

zonall:


...either it may have started at 1787.51 {less than a pip short of my anticipated entry} and is headed to TP ...
...or a ping-pong PA will occur before close of the next H4 candle...

samfelly:


Boss, biko, break it down for me, pls. My cup still dey empty. I want to learn what u knw, pls. First of all, kindly explain those terms for me. Thanks

zonall:


...entry missed, but TP hit.

BUY @ 1781
BOS + Breakout from Swap Zone {H4}
SL: 1778
TP: 1807
RR- 1: 8.6

Elliotwaveforec:
Long Ucad 2657 SL 2600 TP 2820

Elliotwaveforec:
Short NU 6800 SL 6827

kumulus:



Oh okay, I should take my leave now...... Y'all have a great time!

Shalom

haryodehjia:


Okay thanks sir

Piptocoin:


did anybody ask you to leave?

zonall:


...SL Hit

zonall:


...a smarter entry

BUY @ 1775.5
BOS + Breakout from Swap Zone {H4}
SL: 1772
TP: 1793
RR- 1: 5

Gasive:


You're trying to catch a falling knife.
Thread with caution bro...

kumulus:


Since the info I shared was deemed unnecessary, I saw no point to carry on.

....and I'm always lurking around, if there's anything else to share or if asked be certain I'd respond.

Gasive:


You're trying to catch a falling knife.
Thread with caution bro...

GreatestManEver:
that is a good one....My trade is similar just that my SL is 1769. I don’t believe Gold will go down yet based on price action but if it closes below 1775 today or tomorrow then I’ll be looking forward to go with the bears!

GreatestManEver:
that is a good one....My trade is similar just that my SL is 1769. I don’t believe Gold will go down yet based on price action but if it closes below 1775 today or tomorrow then I’ll be looking forward to go with the bears!

Gasive:


From my analysis, gold will fall to 1700 at least.

Gasive:


From my analysis, gold will fall to 1700 at least.

Piptocoin:


hmm. Brings back memories. That year I was studying Supply & Demand as well as Support & Resistance.

I think supply and demand zones are fixed. When they appear, they remain at that level until price returns to them.

Support and resistance, on the other hand, is a mixed breed of dynamic and fixed occurrence. They are fixed when analysing them with the price chart such as a level where price reversed because a similar price action had occurred at that same level in the past. Dynamic support and resistance is the use of moving averages, not as trend signal but to guage where price is likely to stall or reverse. They move as price moves. That is why they are dynamic support and resistance.

These two, SD and SR, are things I can never attempt in trading as the risk of uncertainty is very great as regards those levels.

GreatestManEver:
let’s see then. For now NO,until it closes below 1775 on daily

Elliotwaveforec:
Short UCAD 2684 SL 2700

Elliotwaveforec:

SL hit

charly20:


For this one, my ideal sell price is @2750, I'll be risking 100 pips for it for about 200 pips

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