1H H&S — 1630 looks like a key pivot zone, in this case it's now acting as a neckline for a potential reverse head & shoulder (the one day pin bar broken down into 1h bars). If I was conservative I'd wait for a break and retest confirming ...

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

OMG PIN BAR !!111!!!1 — Pin bar on the daily chaps and chapesses. Not the best bar but the locations (off 1600ish and a (weak) close above the 23.6 fib ret around 1625) have got me eying 1660.

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

Yeah I think from now I'll watch EU to catch daytime moves and look at gold from a daily/4h persepective.

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

I read this article this morning which might have some relevence: url

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

Gols is sluggish.. Going to start watching EUR/USD for nice intraday moves I think.

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

I'm aiming for a touch of 1600

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

I think the 23 fib retracement level is now acting as resistance, possible range between 1625ish and 1610ish or even lower. Can't post charts from work but can link to this one from a previous post: image url Need to watch EU news and ...

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

Starting to look a bit wobbly. 4H is forming a bit of an H&Sish type pattern which if it plays out the neckline will coincide with the 23.6 fib ret at around 1624. If they're going to push it down to get a better entry to long I kind of wish they'd ...

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

This range is good for $5-7 scalps, no point trying to call any big moves or difinitive directions. It will happen when it happens.

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

Looks like could range more, downmove quite strongly rejected off the 23.6 fib ret (see volume spike), although the ascending triangle is now broken. Could see a retest of the trendline/38.2 fib ret or down from here for another go at the 23.6... ...

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

Had some pretty strong movement in the last hour or so.. Not sure why but I don't trust it..

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

4H divergence on MACD and volume. 1665ish and the ascending trendline look like key support areas. I think the bears might be out for a bit.

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

I'm feeling more bearish now, Asia sold the EUR down a bit and that was before Germany came out this morning saying that this weekend would not be a difinitive solution to the debt crisis. I wonder what NY will do, I feel some risk ...

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

I'm quite wary of a possible impending massive risk off shift if this EU thing turns out to be full of hot air..

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

Where's Ravissek?? It's going up!!!

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

I think we might be off to the races..

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

Greece is only 1 country in Europe but look at the total destruction it's having on the entire world...

EURUSD

Just found quite a good article on gold, silver, EUR/USD. very informative on the fundy side and also highlight's the MACD crossover Bemac pointed out earlier. I don't usually pay attention to indicator crossovers like this but coming from a senior ...

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

This fib level has to give in soon...

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