We are COOKING now! just need to take out this line at 1440!!! If trend persists Hello 1500!

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

Looking good here. Gap filled and now broken above 1431 resistance area.

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

No. the spot gold price is only off or -1.80 currently from NY open Heavy selling would be a $50 buck dip Pratik you need to start looking at longer term charts. all that noise is messing with your head

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

My gap order just got hit. By the looks of the current H4 candle there were other resting buys in gap area. Any one else?

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

10 dollar swings are normal. Gold hit a bit of resistance around 1430. THere was a gap and sometimes prices need to come down a bit to attract buyers, before they rise gaining power. I wouldn't worry too much. However they did say that the Japanese ...

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

In my view it looks like it's going to close the Sunday gap which it just did on my broker. I thought this would happen. I am thinking maybe a tad more dip to maybe 1415 support area. Then resumption up. It certainly isn't USD strength! Or we ...

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

Looks that way to me. There have been multiple reports out of countries seeking to diversify their FX holdings, yes this does include buying gold and silver. Let's see what news we have coming in on todays rack.

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

Uneventful London session. Nice that I slept through it. Gold hovering nicely above 1423 resistance area. Back at 1430 Light crude opened 2.50 higher last night. Not a bad gap trade. too bad I can't trade oil live...... One of these days. Brent ...

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

coming up on some resistance here in the 1430 area. If things keep up, we'll pull back a bit and should take 1450 this week as longs as there are no major market selloffs. Gold rebounded nicely from the last so far I must say.

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

We'll likely test the broken line and close any gap then I will look for further upward movement. Still holding my longs. TP one area for the largest lowest entry might be around 1443.. Next I'm looking to take out 1450, then we'll see.

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

I'd say the resistance at 1423 and our "little red line" have been shown who's boss 2 charts. Close and Open

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

Dolph- Some Key Factors in trading GOLD 1. Fundamentals Driving forces. These trump the techs when it comes down to it EVERY time. 2. Prevailing long term Trend. Long terms means Multi Week / Year 3. SUPPORT AND RESISTANCE 4. Trendlines. For ...

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

I say what downtrend because as we all know the prevailing trend is up. Yes there are trends inside of trends. So, top red TL is what we need to break. It has already been pierced as shown in chart. and the price has not fallen much besides a dollar ...

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

Example of MULTI Faceted (Multi Bank / Nation) intervention — Things have to be bad for this to happen. This is a prime example of Multi bank intervention "FXstreet.com (Barcelona) - All Japanese Yen crosses have abandoned its recent lows at ...

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

Nope took profit on that. Had an open long running with that from I think 1406, that I squashed for a small loss. Both arond 1403/4- After the dip... So it was actually better than BE because the 1380 was a larger position. I flattened all trades ...

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

I basically broke even on my last set of trades. Prior to those I had some nice winners. Currently long from 1390 thru 94 shooting for 1450 first. Euro jsut popped the resistance with a. 60 pip h1 bar. check it out 1412 is a mild but ...

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

If the we pass 1412 - I'll say the magic ball was correct on both questions. :rof:: 2 hours to midnight....

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

What downtrend? We are 30 bucks of a record high???? You mean the "correction"?? 1385 is a support. Looks like it held for now. Now, we go back up.

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

It's a magic eight ball or a toy that makes decisions for you when you shake it up. Just about as good as most stock pickers!!!!!! Here let's try it. url

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

Base Metals — Here are today's base metal charts: With rebuilding efforts sure to be underway in New Zealand and Japan I would keep an eye on these. Especially copper. image image image image

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