TradingView
UnknownUnicorn11430563
Sep 7, 2021 5:49 PM

Gold- sitting on support. Long

Gold FuturesCOMEX

Description

you can see by the chart that Gold is sitting right on support on adaptive moving average. If Gold close this 4 hour candlestick up above this support than it may be good chance to buy the dip. Because volatility be real high now with gold, adaptive moving average should be moving down, but it not budge hardly. This to me means that gold was not overextended/overbought to begin with before dipping. Thus, this may be good spot to buy, but only if it still sits on or over support at close of 4 hour candle.

Ms Bunny.

Order cancelled

okay, had I wait I may had make some money. but I got out at breakeven. oh well! <
Comments
Mahtab_Tradia
I have bearish bias on XAUUSD right now but this scenario is possible too 👍🏻 good job girll😍
UnknownUnicorn11430563
@Mahtab_Tradia, thank for your support! When you do opposite of me I get wooried. I am pretty good but not in your class.. You are so good of a trader that I bet you are right on gold. At least I didn't take any position. I appreciate you and your works!
Clarkbar2
LET US NOT FORGET TO PROVIDE KUDOS to THE RED-HARED IRISH BUNNY for her perception in closing out her OIL TRADE on the 19th.. SHE SCORED A MIGHTY FINE PROFIT and SHE DESERVES OUR CONGRATULATION~!!! HIP- HIP.. HORAY~!!
UnknownUnicorn11430563
@Clarkbar2, That one so far is my biggest trade of my year. and You can see that oil goes up from where I get out at the low point :)
Clarkbar2
Ms. Bunny, you remain not only PERCEPTIVE but I believe HIGHLY INTUITIVE~! Gold isn't merely a long term trade.. BUT ALL SIGNS POINT TO A BULL-RUN that is likely to propel gold to unprecedented high water marks. I plan to buy this move and have bought 800 shares of PAAS as I believe that it is likely to OUT-RUN the move. I've been wrong before, however.. I am NOT AFRAID OF THIS TRADE.. the initial move will suck-in the weak and unimaginative and give us a chance to DOUBLE DOWN... let's see if I am correct. Hugs, Doug~!
UnknownUnicorn11430563
@Clarkbar2, I think you hit on one of my strengths. Intuition, I do not no why this is me. My Brother who is best trader I know (and I no a lot now) said I have the most intuition he has seen. And though he says intuition is not and should not be part of trading plan, but he says I need to go with mine because it is so strong. He does say though always back it up with technical analasis. He says I am good at technical too, but he teaches me everything I know about trading. He is my mentor, and boy he is protective too! He is most awesome brother!

thank you Clark! you are awesome too!

PS. with above things I say, I may be wrong on gold. It happens LOL
UnknownUnicorn11430563
okay, had I wait I may had make some money. but I got out at breakeven. oh well! <3
UnknownUnicorn11430563
I have not buy this yet. the 4 hour candle was to much bear. will wait to see if now a reversal pattern comes.
More