Finally some lift off! need to take 1429/30 area then X marks the spot 1440 Here is an example of how the line chart shows support and resistance. same chart same time frame.

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

b o r i n g. May not make it there, the dollar has to continue rally which seems to be fading or fall. In turn it will help boost gold. We may have some liftoff soon it looks like. H4 is sideways, yet looks about ready to pop up. EUR is in ...

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

You'll get them, (sorry i got tied up) I was trying to find a good pair to use but I'll use gold. since that's what we discuss. BTW, I don't trade off line charts I just use them to plot strong S/R levels.

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

Yeah I don't think so either just a thought. I entered. still holding lightened loads from 1385 1391 area. Bought EUR /USD also earlier. Keep an eye on swissy taking a dive if the dollar weakens

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

Riko looks like you might have called it here. Take a look at H4. Price is bouncing up now.

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

I'm thinking there may be possibility of a run on 1406 support if that fails 1401. We'll see.

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

Might be. On 200 sma on the H4 chart may lend some support. Dropped down a bit overnight. Wondering if we will test lower. Flattened most of my positions on Friday. Waiting as of now.

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

Here this article may be of interest to you. Although I don't know of any FX broker that offers XAU/XAG as a pair. do tell. MKS Finance: Gold/Silver Ratio Falls To Lowest Level Since 1983 url

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

Every chart shows range. Candles show extreme highs and lows. Gold happens to always make peaky highs and dippy lows that may or may not follow the "truer" support or resistance and may end up shaking you out of a position when really the true ...

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

Certainly some profit taking. We are closing in on the end of the month and a few eager shorts looking for a quick trade. The real new high has not occurred yet. I would bet any trader at JPM holding a short from the 20's 18 bucks north is fired. ...

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

16 bucks off the high, may be an entry here.... Silver 38 bucks

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

Been out all day! Nice new Highs and now some dip... I don't think this is over yet. Here are the real highs and lows so far today

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

Yeah she looks like she wants to rise up. Resting shorts at 9150 and 9200 - dumped the other trade for small loss... to get better entry. Still sticking to my downside bias and target of 8500 chart here url

USD/CHF

Short @ 9085 Could move up a bit more in which case I'll likely short again.

USD/CHF

GOLD AND SILVER ARE COMMODITIES. They act differently than currencies, they are somewhat finite, whereas paper fiat money is infinite all you need to do is print. There may be some correction but silver is in a MASSIVE bull run, so I will say ...

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

OK current chart. Still long - and added on that gap closure. we need to take out 1440 in the immediate. I added a speculative green line to the chart. Notice how the lines show the turns candles show the extreme highs. It is something to be argued, ...

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

For physical metal this is not a buy right now. You need to take a weekly and then a daily chart and plot major support and resistance. Don't use CANDLEsticks USE a LINE chart. THen essentially you want to buy on a dip. We can get into this again ...

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

The use of Gold to silver ratio is as follows. Not sure if this is what you mean - (correlation is not very important because Gold and silver move mainly in tandem. How to trade a ratio using physical metal is as follow. You buy xxx ozs of silver ...

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

Primary target for now is $50 USD for silver $1500 / 1550 intermediates for gold and $2000 for longer term.

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

Yep confirmed new High! For Silver ----- No pratik We are trending UP buy dips. Selling Gold or silver right now is not a trade you will be able to stay in for a long time. Not to mention it is counter trend.

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