Gold (XAU) trading on the 5-minute chart has been showing solid momentum recently. Quick breakdown of the recent setups: the first short position captured 370 pips of downside, followed by a long entry that netted 530 pips—quite a strong move. Then another short setup delivered another 400 pips. The technical signals on the 5m timeframe have been aligning well, making these moves relatively clean to trade. If you're watching gold intraday, keeping an eye on these shorter timeframes can help catch these quick reversals and trend continuations.
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ZenMiner
· 4h ago
Is the 5-minute chart this impressive? Is the 530-point order real, or is it just bragging again?
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TradFiRefugee
· 4h ago
The 5-minute gold wave indeed peaked, I'm also waiting here.
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OneBlockAtATime
· 4h ago
The 5-minute chart this time does show some potential, but I still think the market can be easily crushed if it moves too quickly.
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BearMarketMonk
· 4h ago
530 points? Damn, that was really impressive this time
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MevHunter
· 4h ago
The five-minute chart this wave of market movement is really impressive, eating up three waves and gaining 1300 points? Gold's temperament still shows some respect.
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FarmHopper
· 4h ago
Hey, the recent market trend for gold has been really fierce, with three consecutive waves pushing over 1300 points. Doing this on a 5-minute chart can really wear you out.
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SerumSquirrel
· 4h ago
Golden five minutes really is a time to cut leeks. Why do I always miss out?
Gold (XAU) trading on the 5-minute chart has been showing solid momentum recently. Quick breakdown of the recent setups: the first short position captured 370 pips of downside, followed by a long entry that netted 530 pips—quite a strong move. Then another short setup delivered another 400 pips. The technical signals on the 5m timeframe have been aligning well, making these moves relatively clean to trade. If you're watching gold intraday, keeping an eye on these shorter timeframes can help catch these quick reversals and trend continuations.