next bounce up to 1370 - 1380 is good for short for new lows before yesterday's lows long if it breaks that area, and new highs will be likely

XAU/USD & XAG/USD - Gold & Silver Traders Thread

gold could bouce up with EUR and GPB, but you will soon notice that it will not rally anymore. Sell into strenght should become the best way to trade it, after that buying any dip worked really well in the last months. Still I am a buyer around 1315 ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

hi, G20 is the same old rethorical meeting, no impact on forex market qe2 should be dollar bearish on the medium term, therefore buying EUR, GBP and gold could be good on this drop, but the feeling is that USD could have some more strenght on the ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

yes again XTrade, but you know timing and management are important in the forex market. That said, I opened a small long position during the drop on Friday, hope on a bounce around 1385 - 1389 to take profit and consider to open a sell position for ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

hi xtrade, yes, I am still convinced that anything above 1300 is not a good long entry point on gold. I know that markets can stay irrational for long, but we'll soon start talking about rate hikes in Europe and US. Even before that, market next ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I had told you before that anything around and above 1400 was not sustainable for gold without a deep correction.Nothing can make several highs (or lows) in a row without profit taking. That seems to have started... We could see a small bounce from ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

got it, as long as you have profit, you are never wrong. just cut the low for two pips, a move towards the low 86 area before tomorrow could create the room for more downside tomorrow still watching

EUR/GBP - What a great pair to trade!

hi fammira are just the initials of my name I still hold my shorts, you said it retraced too quickly but I have shorted for the same reason, it rose too quickly in the last two weeks and especially in the last three days of the last week..... ...

EUR/GBP - What a great pair to trade!

hi forexsaint I often read you and very often trade EURGBP as its false move are not the hardest to read I am also short from 0,8723 and 0,8650 where do you see it going? I think we could revisit 0,8450 - 0,85 before a new rise

EUR/GBP - What a great pair to trade!

hi Xtrade, agree with you on the long term strong uptrend don't agree that we should keep buy gold above 1300, yet these levels could provide a good short opportunity to re-enter long below 1200 remember that USD weakness is the main reason of gold ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

yes is possible of course, but I don't expect new highs next week, maybe one more or close to the recent high and then drop

XAU/USD & XAG/USD - Gold & Silver Traders Thread

why do you need a chart to give a target? I just think that gold strenght is all about USD weakness, no fundamental reasons to hold paper for 1300 USD. I am short from 1311 to 1319, and will add in case gold goes up more, though I don't see new ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I am short at 1311 now I am looking for area 1314 - 1318 to see a possible last upward leg before a retracement below 1300 in the next month

XAU/USD & XAG/USD - Gold & Silver Traders Thread

beware buying at current levels gold is supported by several asian countries buying for diversification, some don't mind the price, but the biggest buyer (China) does, and they prefere buying on weakness rather than on strenght gold will probably ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

no not today, but very soon. I am a seller now and up to 1318, then we go down, you'll see

XAU/USD & XAG/USD - Gold & Silver Traders Thread

no, today option expiring so probably we could have a later spike up to 1300 and above, before retrace again towards these levels and maybe below...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

why not 50,000 ? please be serious, I agree that there could be more upside on the short term, still convinced that all this upside will be a sell opportunity becuase the downside potential is quite much. consider that on 2011 we'll be start talking ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

never fight the trend you are right but I'd also avoid being long at current levels, you also know that when profit taking starts on a commodity, it's hard to stop it I believe we could see more highs in the coming days and maybe all below 1300, but ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

hard to pick a top here, but I don't think we are very far USD weakeness may continue for some time, supporting gold note that gold is not making new highs against yen and euro...this means something let the option expire (Sept. 26 and try to add or ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread