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- 486 Results (478 Replies, 8 Comments)
- hanzohas replied Jun 6, 2024
Thanks for the info. I don't consider any "after the fact" comment by anybody valuable in here. Words, images, etc, nothing. If you have a point make it before the market moves. Yesterday you mentioned you were sidelined today you come back and say ...
Gold
- hanzohas replied Jun 6, 2024
This looks more like a staircase. I would rather try to catch a falling knife, but then again, this is just M5 so anything could happen. The real flag, inside the channel, got somehow wasted yesterday. Who knows, maybe price will return to the ...
Gold
- hanzohas replied Jun 6, 2024
Don't try to rationalize every single move. If it makes a fundamental impact on your strategy then replan or exit your trade. If not, then just stick to your originial plan. I added tiny crumb to my short collection @ 2367. Now I will just give it ...
Gold
- hanzohas replied Jun 5, 2024
One day ago some bulls were like, no worries israel and iran will nuke each other and gold will soar again. After a $30 increase in price they have become much more confident, and don't feel the need to relate stuff to geopolitics anymore ...
Gold
- hanzohas replied Jun 5, 2024
You expect rapid bullish and you are not long? What kind of oxymoron is this?
Gold
- hanzohas replied Jun 5, 2024
Only thing that matters to me is whether you have your money where your mouth is. Are you long? I have shorted 2250-2400 range, have had plenty of opportunities to close my deals, but it is not time yet.
Gold
- hanzohas replied Jun 5, 2024
I'm glad you at least don't expect bullish run based on iran-israel conflict. There is still light for you at end of the tunnel
Gold
- hanzohas replied Jun 5, 2024
Patterns are not very reliable in small TFs but this looks like a flag to me. I don't think we are in wise times to f*ck around and find out. Take your steps with caution. image
Gold
- hanzohas replied Jun 5, 2024
This logic did not apply so well. Price could be oscillating some sort of line. It is best to wait and see. I am staying short and don't want to get lost in small details. My indication that the bear move starts is when/if a break happens from 23xx ...
Gold
- hanzohas replied Jun 4, 2024
The most logical scenario I can think of for gold is downwards channel until 2300 followed by a sideways channel around 2300. 2300 is important. image
Gold
- hanzohas replied Jun 4, 2024
First line of defence seems to be broken. I doubt the original straight line have much influence left. The true test is a break from 2300 in to 2250 image
Gold
- hanzohas replied Jun 3, 2024
The real challenge is 2300. Getting this close and not crossing for good would be a shame. image
Gold