1700 could offer up a nice scalping range either side. I'm wary of stops and stop hunters though. Could see some false moves and stop grabbing around here.. which could be scalped quite nicely

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

1700 here we come. Gonna TP here and see how it reacts.

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

Stopped out at 1740 for a $50 move on both positions combined. Lets see what next week brings..

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

S&P and DJIA are finding support and possibly reversing.... url

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

Yeah, whatever it was it confused the hell out of me but I shorted it anyway

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

Short from 1785 after QE3 "Twist" last night, added another one at 1745, stops at 1745 on both holding out for 1700 where I plan to close both then see if it keeps going or bounces there. 1725 looks like it has to go next..

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

*wave

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

I don't believe I said anything to you about your sentiment or ability to read charts. I did point out that your comments like the ones below are what what the thread seniors have stated will no longer be tolerated: I'm not going to get into ...

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

It does look like one of those landslide days where all the lemmings run off the edge of the cliff. Looks like it's the end of the world (again)!

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

Silver is getitng hammered at <38 now.. Can anyone imagine NY reversing direction or more of the same just with more volume?

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

Please don't take offence from this but I recommend you don't put on any more live positions and stop trading live until you either: 1. Develop a method/system to make consistent profits yourself 2. Give your money to someone else to trade for you. ...

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

No one can ever be sure of anything. But what does the price behaviour and momentum look like to you? Looking at your charts can you see any previous support or other reasons for this level to hold?

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

I do like fast and furious bear markets If 1750 gives way on XAU - what's the next hurdle? Sorry no charts at work but manually trailing my stop on the phone app.

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

Please don't add any more longs on the way down. Wait for it to turn around and add them on the way up. You could hedge them by shorting XAU/JPY maybe? *This is not a trade recommendation, just a suggestion of what I might do if I had several ...

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

I'm short since the fed announcement yesterday and holding for more down when NY opens. No longs until I see big solid green bars on higher timeframes.

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

+2!

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

Does anyone else think this Fed/QE3 thing will be another massive anti climax?

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

Only thing for it when it's ranging like this

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

I was just pointing out that for me and for a few others I've noticed the movement of gold/silver is measured in how much USD the price of gold is at the time instead of pips. So if you buy at 1800 and sell at 1810 you measure that in $USD and not ...

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

I don't think of gold and silver in terms of pips more the $USD change of the move. So when you say 1000 pips you mean a $10 move right?

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