It may hike on September from another news I read. China is still trying to inflate it. Therefore, I guess shorting in an appropriate volume with good SL will be rewarding. Of course, no risk, no gain hahaha. Btw, nice short at 1142 ^_^

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

Insane bounce up. Still it may be a fake out and too early to call it a new bullish trend. Honestly will still short. 1113 was my entry. And it looks pretty good so far

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

Bounced above 1104. Both 10 20 and 50 EMA above my 200EMA lines on my 1H to 1M. As for 4H, 20EMA is going upwards touching the 50EMA already. So yes, rebounce is very possible imo.

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

Maybe its a start of a new trend? I'm still holding short but didn't expect that insane increase. It happened when the news came out(Not sure that's the cause)

Cable Update (GBPUSD)

Well, GBPUSD were pretty nice to trade today. TP was too safe though. Looking forward to upcoming news @ 7PM. IMHO I might consider shorting it again at a good entry.

Cable Update (GBPUSD)