Gold right now is getting a major correction from our daily high. Currently 1516...., but went as low as 1506. Don't know if we'll get support around last Friday's lows, or if we are poised to retest the 1500 levels.

Gold RIGHT NOW

I'm with you Harry. Misread the market completely yesterday. Wiped out. Will play again another week. Back to my real trading

Metal Competition Zone (Demo)

Bye bye birdie. That level is in our rear view mirror. "And I'm Free.....Free Fallin"

4 + 1 (Metals) strategy

Looks like you are doing pretty well!!! Great MM. Seems that 1545 level providing some resistance. Where are we going from here?

4 + 1 (Metals) strategy

Don't know. Feels like we're running into a wall of resistance around 1549.6. I feel we may be retrenching soon. Looking for sell opportunity. Gonna watch Asian markets in a few hours and see where we go.

Gold RIGHT NOW

I'm in again. Congrats ET. Nice win this week. acct#: 2788 TE: Pipeline image

Metal Competition Zone (Demo)

Gold right now is down after a gap up start this week. It is hovering around 1525. Feeling bearish, but hope to buy back in if we hit 1518 level. Looking for some short opportunities on the way down. image

Gold RIGHT NOW

Happy US Labor Day to all - enjoying the lack of trade war tweets this morning. However, the trading day is a little quiet. Joining you at the 1518.5 buy limit level (SL 1510) Mzansi. Wishing everyone a week of green pips all around!

4 + 1 (Metals) strategy

I got in a little higher than you - 1527.3 and 1528 - so I am a little underwater at the moment but watching. You are thinking TP in 1533 range, or are you getting out manually earlier? I noticed you mentioned sell stop at 1533. Did I read that ...

4 + 1 (Metals) strategy

Let's see. In there with you my man!!!

4 + 1 (Metals) strategy

Agreed. Feels like a dip is in the cards.

4 + 1 (Metals) strategy

but, going the other way.............isn't that nice......hitting 1540.

4 + 1 (Metals) strategy

Thanks for clarifying. So, looking at 1 hour chart, it looks like we are moving towards a MA cross to sell soon. Plus, momentum trending south as well. So where do you expect is an ideal target to short? Once it is clearly heading south of 1,534/5?

4 + 1 (Metals) strategy

What makes you say that they are going to push lower? So, I assume you have no buy limit orders pending in the 1535 range at this point?

4 + 1 (Metals) strategy

Gold right now is trying to regroup after a $10 drop over the last few hours. Buy limit order in for 1535.5. Looking for the bulls to come out and push to upper 1540s today. Check out some good dialog on today's action over at 4+1 strategy thread.

Gold RIGHT NOW

Thanks for these charts. Excellent visuals. Appreciate the MzansiObi levels in there also.

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

Great advice. Thanks.

4 + 1 (Metals) strategy

Gonna wait for some opportunities. Thanks ET.

Gold RIGHT NOW