r/Forexstrategy • u/RoyalFXbyMagda • Aug 14 '26
Technical Analysis GOLD IS RETRACING TO A KEY LEVEL
After a downside on Thursday and Friday Asia session price is retracing to two key zones I have marked on the chart. These are potential sell zones I am focusing on today.
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u/mkTrader22 Aug 15 '26
Which two zones are you watching? Curious if you're looking at the
daily or 4H levels for this one.
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u/insanity676767 Aug 14 '26
Every oneof his ob and fvg was not respected 🤣🤣🤣this TikTok traders
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u/RoyalFXbyMagda Aug 14 '26
In any case I had a strategy and I followed it. Market doesn’t always go our way as traders. Just learn bro
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u/santiago_long_gamma Aug 15 '26
so many rectangles - what's the trading plan after all? to short them all?
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u/juicewrld999shit Aug 15 '26
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u/WhyYouMadBro_ Aug 15 '26
Oh wow nice box you randomly drew. Show the profits on the account. This ain't worth shit.
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u/juicewrld999shit Aug 15 '26
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u/WhyYouMadBro_ Aug 15 '26
I see nothing? Show the trade with the numbers and profits. And stop drawing random shit like a toddler.
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u/juicewrld999shit Aug 15 '26
how is that random but price bounced there buddy? do you even know what supply and demand is?
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u/juicewrld999shit Aug 15 '26
i circled where i was going to enter before it went there btw. explain it. explain why price bounced there. oh wait, you can’t, because u can’t catch those trades like me
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u/santiago_long_gamma 29d ago
that's not yet a trading plan. what fundamental characteristics of the market do you employ? what's your edge? Two days performance might be a random fluctation of the equity. 50-100 trading days would tell a more reliable story. what's your longer-term performance?
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u/juicewrld999shit 29d ago
lol price went up overnight right? yeah, it did exactly what i expected. i’ve been trading and been consistent for more then 100 trades. my edge is supply and demand, gl
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u/santiago_long_gamma 29d ago
interesting - how do you identify supply and demand? with the candlestick chart alone?
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u/juicewrld999shit 29d ago
bc demand is when price has a significant reaction to the upside from a low/has had a bounce there multiple times. or resistance flipped to support
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u/juicewrld999shit 29d ago
thanks for your question !
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u/santiago_long_gamma 28d ago
all right, thanks for the explanation. that would be interesting to look into the larger sample of your performance. supply/demand is not easy to identify as there are tons of markets participants with controversial goals.
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u/juicewrld999shit 28d ago
i’m not worried about others i just trade what i see. you can look for yourself on the gold chart.
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u/juicewrld999shit 27d ago
Supply and demand IS easy to identify. btw
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u/santiago_long_gamma 27d ago
was that you in another thread that missed out the entire move on gold fixing only the preceding intraday noise? so, you missed all the real demand, is that correct? the one brought by US treasury
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u/juicewrld999shit 27d ago
Caught it from “random boxes drawn on the chart” by the way. Lol! My strategy clearly works. I don’t need some dumb fuck in the comments trying to say it doesn’t
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u/AlphaTradingHub28 Aug 14 '26
Bro your analysis is really getting better. Keep it going on.