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- radiantraji replied Jan 17, 2025
As we expected, Price is still consolidate between 2711 and 2703, even after USD get some good news (Low Impact news), other USD currency pairs are have significant movements.
Gold
- radiantraji replied Jan 17, 2025
As we expected, Price drop down after hitting 2711 area, but It can break though later
Gold
- radiantraji replied Jan 17, 2025
I thing we can expect some bearish movement on the NY session, 2711.5 could be the important resistance. If not, price could be reach for 2717.5
Gold
- radiantraji replied Jan 17, 2025
We can't sure price re bounce on 2710, it's better to wait and see before buy
Gold
- radiantraji replied Jan 16, 2025
As we expected price is down word after hit the 2721, I think this retracement could be end around 2710, but don't leave your sell but you can place buy, with SL, because, price could bread 2710.
Gold
- radiantraji replied Jan 16, 2025
I don't think any significant movement until start of the Asian session.
Gold
- radiantraji replied Jan 16, 2025
My opinion is price in the "premium' (overbought - sell zone), Therefore, don't entry for 'buy' now, even price in the strong bullish momentum, If you want 'buy' wait for retracement. or wait for bullish break out of 2727
Gold
- radiantraji replied Jan 16, 2025
We can see lots of salles on "Trades", institutes are should looking to hunt seller's SL
Gold
- radiantraji replied Jan 16, 2025
price is reach into significant sell zone (1h, 4h OB), we can expect bearish movement. If not, price will break 2727 and reach next level 2782
Gold
- radiantraji replied Jan 16, 2025
I think 'swap' is same as 'interest rate'. eg: If interest rate in increase the bank, you will get + swap (percentage from broker bank deposit money), if banks dicrease the interest rate for the deposit, then you will get - swap of our night
Gold
- radiantraji replied Jan 16, 2025
When price moved 2718 at last time, it's took around 9 hours to start significant movement (bearish), Could it happen another this time too?
Gold
- radiantraji replied Jan 16, 2025
RSI on 75, last 2 time when price reach RSI 75, 30 - 45 pip down, I expected at least 15 pips bearish retracement before break 2724
Gold
- radiantraji replied Jan 16, 2025
I think, Gold hunting Buyers SL & forcing to Sell to hunt sellers Sl, looking to Move up
Gold
- radiantraji replied Jan 16, 2025
Is Gold going to start the Down Trend @ 2721-26? or continues to 2789?
Gold