GSR turnaround down looks normal. Notice how volatile were daily figures previous time it changed direction from up to down before sliding into clear trend . Similar thing is happening now: image There are certain similarities also in silver daily ...

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

GSR seems to have escaped the uptrending fork, trying to reverse down - PMs up- going back into previous downtrending fork. image But its still pretty close call to say it has turned. NFP will confirm/deny it.

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

Silver has moved out of this fork and so I am holding onto longs. image Also GSR is testing ways to get out of the uptrending fork, to turn around in a quite typical fashion: image

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

This new fork in silver keeps me from going long. I would like to see it violated till this evening before even thinking of going long with a short term target: image GSR still in the uptrending fork. It has the characteristic look though of ...

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

This new fork in silver keeps me from going long. I would like to see it violated till this evening before even thinking of going long with a short term target: image GSR still in the uptrending fork. It has the characteristic look though of ...

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

NFP is next Friday. GSR..May be briefly, but right now the uptrending fork has been confirmed, and the wedge broken to the UPSIDE. This is today's chart. image This is chart after yesterday close. image

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

I know the game but only theoretically as I am new in these things. image GSR continues towards resolution of a wedge- went up yesterday after market close, but was oscillating between meaningful parallels and around trend line from earlier tops.

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

GSR went up yesterday a little despite PMs moving up- meaning move in gold was stronger than in silver. GSR however it still remains within the uptrending fork and wedge , so the resolution of current price range has not yet happened. image From ...

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

Goldman etc prognosis... My own thinking is long and may be influenced by the down trend since last October when QE3 was already announced, but influenced I should be as this shows that QE is not anymore seriously taken as having the potential to ...

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

GSR continues to play with a new uptrending (PMs down) fork but seems also to have found a resistance on a parallel line to the previous downtrending fork. These to form a triangle ( marked by circle) which must be resolved either way - either break ...

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

Forks aside, will this horizontal support turn into resistance today or not? Just curious. image

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

Could be a support turned into resistance for gold: image

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

image GSR seems to have entered another fork (blue, up) . If so, 58 is median level ( silver 26- 26,5, gold 1500- 1535 ). Given the sequester and other things ( at least on propaganda level) happening right now around USG fiscal situation and FED ...

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

Thats cute-its free on Thursdays:http://www.dailyfx.com/technical_analysis/sentiment I can use it to trade against myself In reality it confirmed my recent outlook on gold on gold and silver ( since 30,4 silver) but without this SSI I was not sure ...

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

GSR made an obvious break up. Coud be 57 in sights ( silver 26, gold 1480) by mid March. image And GSR just might be entering a new fork with 57 at median: image

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

Gold is hitting some critical support today, so reversal is possible, however nothing indicates it has to be a trend reversal from October. Correction may easily go on into summer. image

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

GSR yesterday went up as predicted, but a bit more than expected. Still , today could be a down day for GSR ( metals up) so .. possibly Tuesdays lows will not be challenged. image image Slow motion...

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

GSR went down yesterday a bit, may move up today a bit as well, but that would not mean yet PMs plunging further: image Based on this GSR fork below, which fell below support and found resistance there, we may have a small down day today, or an ...

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

Bought XAG USD at 30,79. Lets see. No stops so far. Seems I will have not to do anything and will get my silver at 30,75 wondering if that is low enough though. GSR continued to move up yesterday on weaker PM prices as it has broken the triangle ...

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

Same for gold. Looks a bit untested support (lately) , so move below is possible: image

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