Long gold and silver but with tight stops....
Think silver is very overstretched being 50% over it's 200 day MA
Beeb
Think silver is very overstretched being 50% over it's 200 day MA
Beeb
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
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Successful XAU/USD traders 7 replies
DislikedHappy new year ALL!!!
The bull rages on! Long Gold and Long oil. Looking to diversify this year into cotton and sugar hopefully...
Anyway how's everyone doing?
Positions?
X-Ignored
DislikedHappy new year ALL!!!
Looking to diversify this year into cotton and sugar hopefully...
X-Ignored
DislikedHi everyone
Silver is fine,normal december consolidation,i am waiting for a breakout.
I believe uptrend will resume at the end of december or in the begining of january.Ignored
DislikedActually silver lagged behind gold a lot and is still catching up with the historic gold/silver ratio.
then you have other factors, gold is recycled and silver is not.
silver is used a lot more than gold in industry, its a wonderful conductor of electricity and its required for solar panels amongst other things.
I think we will see $40 silver minimum this year. $50 would not surprise me either.
anyway my point is gold is the ultimate store of wealth that will always increase vs currencies over the long haul, however silver is a store of...Ignored
DislikedGood morning everyone
Breakout i was waiting for has occurred, i am in now.In case of a correction 30 should hold,if it does not this could mean some troubles for silver.Now let see what price will do.Ignored
DislikedWhat a hit! It's too quiet here. Spooky
I'm dying here. I got heavily long, average @1387. I want to get out without loss, but this thing doesn't move up!!! If it reaches 1372, game overIgnored
Dislikedhavnt had time to review gold but no new orders on silver till we get in the $30.00 area and then will decide.Ignored