Awesome trade! Great job

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

Noticed a break above the 1543.61 R, so bought with TP 1548.50 and SL at 1542. A little opportunity. Wondering about a retrenchment, or will we push through and into the 1550s territory. I hate buying this high, but obviously a tight window setup.

4 + 1 (Metals) strategy

omph!!!! Hope you didn't stay in too long. Nice move! I've been unavailable for the last few hours, so missed this nice run. Looking for an opportunity to enter. Thoughts?

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

Called it! Great job Ef5 Right now time to sit and wait for some nice action on Gold when the Asian markets open. I am expecting we will have some upside momentum and looking for some buy opportunities in about 4-5 hours. Hang on and ...

Gold RIGHT NOW

Welcome Mtinifx. Always excited for new viewpoints and traders on this thread.

4 + 1 (Metals) strategy

Welcome Spirit4eva. Agreed this is an awesome thread and MzansiObi is guiding us well.

4 + 1 (Metals) strategy

Wow!!! Great job JayBag. Nobody had a chance!!!! I had a nice trade to end the week that spanned the gap and closed out strong on Sunday. So, happy to see positive returns, but was scrapping all week! I'm in again this week. TE: url Account # 0771

Metal Competition Zone (Demo)

Yes. Got a little profit, but could have been a little more recently as it briefly hit the 1504.5 resistance. But, was a little skittish and pulled the plug at first sign of retreat.

4 + 1 (Metals) strategy

And, right Gold is back above 1500. Go figure. image

Gold RIGHT NOW

When I saw it break through the resistance, I bought at 1500.92 with TP at 1503.85.....closed out with profit when it started to retreat from 1503 range. Nice quick hit.

4 + 1 (Metals) strategy

Thanks for the encouragement and the explanation. I think it is finally starting to click. As a newbie, it is still a lot of trial and error and playing small. So, as we approach this resistance level 1499.85, what are you thinking about?

4 + 1 (Metals) strategy

I knew you couldn't hold out for Friday Jackson hole I am not having a good week - underwater, but not blown up atm. I will be making some moves today. How you doing this week JayBag?

Metal Competition Zone (Demo)

No longer. Right now I am watching the 1490 level for Gold. If it proceeds below there, I am looking a buy situation.

Gold RIGHT NOW

MzansiObi, I am embarrassed to ask as I have been following this thread since the beginning, but specifically what are you looking at to identify "price moves into buy and sell areas"? Just crosses of the EMA 30 and 15 lines looking back over time? ...

4 + 1 (Metals) strategy

Oh yeah! Nice one.

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

Thinking a limit sell order at 1507.98. I noticed that in one of your resistance levels and see that peak earlier this week. Are you looking any shorts, or going to take your winnings and go home?

4 + 1 (Metals) strategy

You're killing it on this one. Timed perfectly. I didn't. Tried similar limit order, but never filled and I've watch it go. Missed a lot of the rise. Nice trade bud! I'm waiting for an entry. Probably need to watch for a sell opportunity.

4 + 1 (Metals) strategy

Interesting perspective darko2010. Insightful thoughts. Hope you hang around on FF or MM for that matter. Always nice to have some thoughtful voices in these forums.

Platinum: get rich or die trying

Ouch. Hope you're out! Gold right now is hanging around 1493. Buy limit at 1491. Watching and waiting.

Gold RIGHT NOW

On the sidelines at the moment. Looks like a few of you guys looking to get back in around 1491 / 1492? Looks like we're close Looking good so far.

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