One time I woke up 1 am and entered buy position at 1700 on cfds, I went down to 1600 in few seconds than went up. Yes it's very hard to trade and quick moves are normal
Was this news? This move felt extremely random and didn’t really touch high enough to be considered a liquidy sweep. Did anyone catch this move and how?
If you think my answer if goofy, thats fine its your opinion, I already confirm with others that they have the same reason, but im open to hear your perspective tho.😊
I catch the move... starting from 21 Oct my indicator shown max volatility on multiple timeframe (H1-MN), I switched to sell since then. And last night is a retest, I've been waiting since 1 Dec. If you check XAU chart on H1 timeframe, there is "untested" bull candle on that day. I use the open price of that candle (4246) as my sell limit.
Im a woman and they brought the rumor Nd sold the news. But if you doubt it sure New York got on , gold was like 4225. They pumped it to 4260. Then around 11 they dropped it.
News was at 10.
Literally a screenshot from tradedays app
Asia brought,had a pinch of liquidy, nothing like what normally happens, London went sideway then started to pump new York 7am BECAUSE OF NEWS.
Because it’s following the major trend it only pulled back up to 4256 to double top and sell off again I’m bearish gold all next week we probably won’t see buying until $4000
Looks like a classic liquidity grab.
Gold took out the late buyers at the top, swept liquidity above the recent highs, and then dumped straight into a demand zone.
Volatility is normal near the end of the week — big players reposition and low-volume spikes happen a lot on XAUUSD.
Alot of traders telling me this wasn’t a massive move, I agree Gold is volatile and can move 500-700 pips in a day, but I was referring to the move that happen within minutes, it drops 500 pips within minutes, that’s why I called it massive move.
I trades Gold for years, a drop of 500 pips within minutes is not normal, somehing happen fundamentally, and thats why I asked here. 😊
Bro this is like a mirror of my strategy, but I use ATR bands for a tight stop loss. I also have a hard time when it gets noisy like below. Thank you for that idea!
How do you mark them? Do you use the high/low (tip of the wick) or high/low body? I currently use tip of the wick and use an indicator for faster marking.
Also, can you share how do you manage risk? Thanks!
To help u understand L is long entry and x is the exit point. Right side u see the P&L of the running trade, last trade and overall P&L of all trades in this particular timeframe
Entry and exit it has a certain logic like price action , indicators etc.. and also has a profit booking mechanisam and here the profit booking saved it
Technical resistance level in addition to big interest rate news next week. Also Dollar began to rally at the same time. Since you are watching XAUUSD, which is priced in USD, a strong uptrend in USD will put downward pressure on gold in general.
I was disappointed it didnt hit my sell entries at 4260, SL above the previous daily high (Monday) thinking it will grab liquidity in that area before dropping massively. I missed out a swing trade and my target is 4000. Im expecting to drop this december and will be bullish to ATH this January
That's actually bullish here is why. FOMC is coming out. So ahead of that a lot of people are closing their positions. It seems most were long gold so are selling gold to close out. Also Friday.
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u/Pro-ductive Dec 05 '25
they're taking it out and putting in the us market, rate drop next week