IMO 4327

Gold with No Drama

gold is testing the upper resistance near $4280-90 which also aligns with the 50ma. If it fails to break above this level a downside breakout could send gold toward the $4140 target zone confirming the bearish continuation setup. A clear move above ...

Gold with No Drama

What i am looking atm is that gold might be short from 4279-4282 or might be 4274 was the high of the day. If gold did not hold 4279-4282 then 4180 or even more down to 4150-60 area. Lets see how london will move the gold. image

Gold with No Drama

Gold is currently forming a bear flag pattern and a clear breakdown below the lower trendline of the flag would confirm short term bearish momentum potentially pushing Gold toward the $4,180-50 zone. image

Gold with No Drama

Sell Zone: If price fails to hold $4,120 and closes below $4,100 Sell Trigger: 4H candle close below $4,100 Potential Targets: $4,050 → $3,980 → $3,950

Gold with No Drama

After making a new all-time high, gold is now facing normal selling pressure and a technical correction that is pulling it down slightly. Even with this short-term weakness the overall trend is still bullish. Any bigger drop could give good buying ...

Gold with No Drama

My prediction was good lol so i won image

Gold with No Drama

All targets achieved and now next possible scenario image

Gold with No Drama

4200 is strong and psychological support but if break then down, it will retest it multiple times and then break, gold is bullish till 4000 so dont worry about it

Gold with No Drama

yep i know and can understand but its best to close at minimum loss rather than full account loss. anyway i think he or others will understand after some loss and experience but i am still thinking how and why even a new person can set 1000 pips sl

Gold with No Drama

First target of 4205 hit and if not hold then 4180 or even more down to 4150-60

Gold with No Drama

why you did not open a sell from 4250 and why you did not close your buy at that level

Gold with No Drama

Why do i always say that 4250 is a strong resistance level?

Gold with No Drama

Haha i understand what you mean. You are right market always gives the real answer not emotions or guesses.

Gold with No Drama

Friday most of the times recovery day and i have already mentioned this in my earlier post as well

Gold with No Drama

why why huge SL, you should have opened a sell near 4250 bcz it was strong resistance and if 4200 broken then it might do deep down to 4160.

Gold with No Drama

if gold did not hold 4255-60 area then most probably 4205 or 4180 so be carefull image

Gold with No Drama

Thanks bro asking questions is the best way to learn faster. We have all been beginners once and its good to see traders helping each other with setups and advice. I am not saying that i am a guru or very successful. I know that if there is profit ...

Gold with No Drama

Thank you so much i really appreciate your kind words. Married person dont really get to rest. A lot of work gets left pending because of this market lol. Anyway bro hope all is going great on your side too!

Gold with No Drama

Really thanks Bro but you know its very hard to be patient in this kind of movement. To be honest this is really tough but if we dont do it then we’ll be in trouble.

Gold with No Drama