Discussions

Gold Futures (Feb 2024) forum

4 hours ago

Bearish Setup (favorable)
If price rejects again at 3377–3378, consider short entry with:

Target: 3371.5 > 3368 > 3364.8

Stop: Above 3380 (tight risk window)

Confluence: Order block + premium zone + LH structure.

Invalidation
Clean break and acceptance above 3381 would invalidate bearish bias short term and open path to 3385+.

Caramel0

6 hours ago

We got a rejection from this bearish trendline resistance.

If we don't have a reversal from this JAN 2025 TL, we could be looking into a price move towards the mid line of the bearish trendline.

I'm still holding my bullish bias, but I do want price to stay above the Jan 2025 TL.

Galadon17

7 hours ago

EU and China are having a trade summit, which could explain why we're still looking bearish. I am keeping an eye on the press conference they are currently having