Some Action !!

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

Hello Buma i am just having a chat with X, no arguments, i am with him all the way, but i think i am little too much cautious, thats all. I am a bull by the way, that is why i ask bears to share any food for thought, if they have any

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

Yes Sir, yesterday's move was purely based upon the news, i meant what the market is going to follow now, the market is very cautious so it is not going to ignore technicalities or is it, i don't know....

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

Will it be an all time new high? In my opinion gold has stayed too much cautious for the past few months, it is time now to break free, but again it is all about Technicals, if technicalities allow then it is going up because the market in the big ...

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

You have always been very helpful X ! And almost all others on your forum have been very kind, please keep doing the good work

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

ok, now i get you X, now i have a tricky question for you, your calls have been excellent, so i need your say, and you dont have to guarantee it because nobody knows the future. Is it $1650 first or $1790 first? man i am sorry for such an idiot ...

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

X what are the chances in your chart that E will occur, i mean a good drop? what if there is no good drop, only a small one? Please put light on it if any other Technicality can do it? No big drop?

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

Thanks for your input

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

In your chart, where do you see that D ? $1750 or $1790 ?

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

X Trade, very useful posts man, Thanks. BTW, where is Bemac ? and Suntrader ? Suntrader's input is also very important because we at times become too much bullish so someone needs to make a correction

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

This can happen if they keep printing paper without proper backing, but i think this is too optimistic, those who print paper will surely come with some better plans so lets see

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

I am coming to know that gold or any other commodity really do respect Technicals (chart movements), generally. Fundamentals and Price do matter a lot, They are the market movers, they are the reason why we see chart moving up and down otherwise it ...

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

Hello Friends, here is my chart reading image

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

That means there will be new "sanctions" against India and China too? what country will be left then, the EU, but the EU don't have cheap labour so....

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

Thanks for explanation SunTrader, but don't you think wars raise the price of gold too? but if there is a war at the first place because they don't go invading countries that have nuclear power so...

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

Nice charts there Walt and JSR, great call there Fibbonix This is how commodities follow textbooks, wow ! Lets see if it breaks 1740, if it don't then might head to your call, 1690.

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

But why gold? Physical gold has good premiums on it in Iran at the moment, if tensions rise there will be more demand. Iran has started to trade in gold with India and other countries, Pakistan has started to trade in Chinese currency with China, ...

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

If we keep Technicalities aside, if it remains like this i see it in the 1600s after some days and the 1600s look solid support area for gold, let see

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

What do a market like this tell us, where there is no panic selling or panic buying, standing firm at 1700 - 1750. How much speculation do you think there is left in the market?

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

oh man until now i thought it is some trading term, i pray that your foot gets well, what happened? how did you injure it?

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