Time for a little update on GC Daily - same chart as shown for months: url Purple lines show horiz trading range of 1520ish to 1800ish SP of red fork was resistance from Feb to July - breaching of red resistances was cue for higher prices, esp ...

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

Welcome Try post #21205 for starters beeb

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

1. Change broker/use futures 2. Yes if I'm short and it would never happen if I'm long because I always use stops. 3. Does not make sense 4. If you know the market is manipulated you can use that to your advantage - disagree that moves are not ...

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

GC 20 mins showing some good harmony.... url beeb

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

I'll have ranch dressing with that word salad..... beeb

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

I don't quite follow your chain of thought but the uncertainty in that part of the world should be gold positive.... Also if you are claiming that if Iran sold it's supposed 300 tons of gold that that would end the bull run I think you are very ...

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

I'm querying the (so far unsubstantiated) call for 1034 gold........ beeb

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

Well you're going to have to point out the "strong classic reversal pattern" because I can't see it..... I think it's easier to see a "classic continuation pattern" pointing to higher prices. Also check out the longer term indicators such as stochs, ...

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

Don't just leave everyone in suspense......... Please explain what you see. beeb EDIT - there are a couple of guys called Bernanke and Draghi who would love to know how you have solved the world's financial mess....

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

A "good" number would tend to be gold negative. The basic thinking being that it would show less need for QE, be dollar positive, and therefore less money would need to be put into the system etc etc Whatever comes out, do not be surprised to see ...

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

Thanks, that covers plenty of areas - but a chart with explanations might help people work out how you have reached your predictions and allow them to decide whether they agree with your reasoning beeb

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

There are many different forms of TA - could you please explain exactly what TA you are referring to...... Thanks beeb

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

I reckon there are a number of factors at play: Market is taking a pause after a number of strong days which allows overbought indicators to unwind. Certainly resistance levels were reached. On the long side you have the physical market looking to ...

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

Andy has a metals service on url beeb

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

Mentioned in post # 21116 beeb

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

Yes, but it's relative... Suggest you might want to listen to Andy Maguire if you haven't already done so. beeb

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

IMHO metals are not the same as other instruments because of the effects of the physical market in London and because they are manipulated. Your trading has to take account of these factors..... beeb

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

Welcome to the thread Huge subject but here are some suggestions: Have a read of the thread - lotta good points Get to know how the metals react around opex and nfp in particular on monthly timeframes and also around comex opening and closing ...

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

Damn - I really wanted to sell that bridge....... beeb

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

Not yet a "bearish divergence" as there is no evidence yet that the uptrend has stalled... Also if you really think your C is valid and that gold is going to go to 1066 (without showing additional reasoning) then I know somebody in London that has a ...

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