Don't know if anyone uses this but the COT report shows large speculators went from net short to net long last week on gold: url

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

I just had about 8 requotes trying to put on a long silver position.. maybe they know something I don't? :/ last time that happen it was before one heck of a move..

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

Looks like that trendline/fib is now acting as resistance. Closed longs and opened a small short..

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

This EFSF thing might send the USD rocketing this afternoon, apparently Slovakia are going to abstain or vote no. This is the rumour however... Silver is holding at the short term trendline/fib confluence area. However - news will probably be ...

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

I like the crude correlation - new tool for me to use cheers

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

This all seems to be linked to the EURO/Slovakia/Trichet/EFSF thing. Fundies > Technicals it looks like today..

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

Let's have a nice green pinbar or something like that - I'm a bit underwater here

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

Silver bigger picture as I see it — This is how I'm seeing silver on the weekly and daily. It looks to be clawing it's way up through various fib levels, currently in a daily ascending triangle pattern with the next big resistance at $34 if it ...

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

Silver is at a good support area, wonder if it will hold and bounce..

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

Just drew some fibs on the daily and we're at a key level if these are valid. *If* I've drawn it correctly the UTL lines up around 1700 so I'm cautious about anything further than that. I'm watching EUR/USD as a leading indicator, my GFT news feed ...

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

Can't post charts at work but I'm long silver again hoping to see it resume a move up to about $34 based on this post here: image

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

I think that down move might have been news related url

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

That 1H bullish engulfing candle looks pretty tasty as well

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

Why the TP there? I want to see $34.00

Gold and Silver Daily

That is quite some NFP figure - almost twice as much as expected.. Silver is shooting off now

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

I don't think much will happen until NFP (about 40 minutes). Then I don't think any technical analysis will count for much

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

You're in the chinese finger trap. Not a good place to be (been there more than once but seem to be learning the lesson slowly and painfully...) 1. See if you can get out at BE 2. Make a decision at which point you're prepared to close it and still ...

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

Silver breakout — Morning all, I've bought the silver break out which I am aiming for $34 as the objective. Will trial my stop manually behind S/R bumps in the road (red arrows). Don't forget NFP today!

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

I wonder if this is a breakout on silver and if so how far it has to run.. I might not be so bearish on silver anymore

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

I htink we might be heading up.. based on silver that is..

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