North Korea Comes Crawling Back: Stresses "Desperate Need" For Summit "Whenever, However" the seesaw continues to seesaw... last night PM's popped if our fearless commander in chief comes back to the table, we may have the reversal... and theres a ...

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

The above analysis refers to XAUUSD I see the line at 1313 and it was my original target, but I have closed out a majority of my long position around 1307... Been in it since the mid 1280s, so I call this counter trend trade a win Frankly the price ...

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

for the last week or so, the price action of XAU has been unnatural... Im sure many people noticed this already the interplay between DX and XAU since 5.16.18 has built up a pretty significant divergence, one which (IMHO) creates significant ...

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

on second thought... she may be stalling out here... clever to take some chips off the table and trail the balance closely. bias should be short for the next leg down charts to follow

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

Trump Calls Off Historic Meeting With North Korea's Kim never a dull moment with our fearless leader! PM's are poppin'... wonder how much gas is in that tank! for my money, i'll exit my long at 1313 if we get there! good luck

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

... unless of course, you're half batman and half bobby axelrod...

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

channel appears to be broken looks even better on daily chart maybe time to short the retracement? H4 image

USD/JPY Discussion

its not the dollar, which is close to its high from a couple of days ago its the the yen futures, which just caught a massive bid

USD/JPY Discussion

agreed, a minor retracement and then impulse down to the next major support (1265/1270) would be ideal before the next fed statement in a few weeks fwiw, i have pending orders waiting between 1303 and 1311 (sell limit, with a $10-$15 stop loss) ...

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

if we close today under 1313, we are in defacto bearish bias on the longer term trend... the next leg down should test the 1270/65 area

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

channel appears to be holding up on H4, which would imply a max target at 1311 by next wednesday after that, i think the night train fires up again good luck! image

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

target at 1303 (ish)! good luck!

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

alternatively, if this trade fails, we may end up 1280 in a hurry...

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

visualizing: M240 image

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

the lower bound of your channel was violated at friday close. however, on higher TF (240), i see ~1315 as an optimal entry into a long (SL 1308 TP 1330) as of last week close, i think we are in a bullish stance from a trading perspective... (short ...

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

agreed

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

I kinda have my own system, nothing complicated, but i believe every market has its own frequency I am a bit familiar with Tim Wood (and others), but i have been experimenting with cycles for several years myself and trying to understand time ...

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

As far as equity markets go, i only track the DOW, i dont look at others... the DOW is the biggest index of them all (within the smallest asset class in the world) IMHO, theres no crash coming, and all the people who are positioned for a 50% selloff ...

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

very nice it looks like we are starting to break out of the range thats been formed over the last 9 trading days... as you know, i dont share your views on the high, but Im also long for the moment... looking for 1330-3 as initial, could go as high ...

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

nice entries. whats your target?

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