Price stalled temporary support found around old top. Yellow line and bottom of current channel price structure.

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

if you are thinking physical — Here's just a little article. I agree. Yet, I did note that at non breach of 1300 level for gold may be a nice buy in. For first time physical buyers always take half of what you are ready to "pull the trigger" ...

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

Not pure luck. Maybe a bit on the stop. But the entry was ok. I am in the same trade. accept from 1413 and 1416 bottom of the channel. So I would have had the stop be lower than at least 300 to 400 pips below the channel. I didn't think the 1413 ...

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

Two new record highs. Gold and Silver. I am expecting slight resistance at 1450 but we'll see. Lets see what the other PMs are doing. Brent is 116 and Light Crude (WTI) is 105.

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

Yes certainly.

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

Please elaborate.

USD/CHF

Gold WEEKLY Channel — Forgot to post this before. This is the same chart as in the other two posts. Look at how BEAUTIFULLY the 50 day SMA follows the bottom of the channel (GREEN ma)

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

Agreed. at the bottom (with a 10 pip or so pop) of the triangle. tempted to get long. Price action very wacky lately and the pair seems "stuck". I can't help but think that the crisis (earthquake) in NZD is stalling the aussie from breakout. Any ...

AUD/USD

The number was ok. But it is not good enough. that's why the USD didn't get much action out of it. actual 192K 191K forecast. Not a big deal. The unemployment rate was better, but again it's still very high and a skewed number at best, not ...

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

Swissy keeps making new lows. I know it's tempting because of a "bit" of positive US data and the historical lows. But, once one bottom drops out - she pops up and get rejected again and again. I wouldn't consider any longs until firmly above 9500 ...

USD/CHF

WOW silver is FLYING 35.30

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

Here is the same chart I just posted. Notice the blue arrow and the red circle. That is the top and bottom of the WEEKLY channel which is a BIG DEAL. Once the price hit that channel, the fractal was made and we reversed creating this new narrow, ...

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

Euro looks about ready to COOK .4000 EDIT (not 1400 lol) If we can get back up to the top of the channel we'll be at 1450

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

What's interesting and I am loving is that we just made a new record high. YET, we DID NOT drop off 70 to 100 USD afterwards like the last 3 highs. What did we have about a 25 USD correction. AND-------- We are STILL in the CHANNEL!!!! This move has ...

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

Right there with you bro. Brent Crude back around 115.... What do you guys think of this jobs number?

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

Here it looks like there's more action and no 842 pip spike... Hmmm.

USD/RUB

Was waiting to see if swissy or rather the "greenback" could bush this pair and sustain something above 9325. As of yet no. We are right there, yet with that nice break down to almost 9200 I'm tempted to sell again... I suppose I'll wait till NFP ...

USD/CHF

Looks like a massive triangle on the higher TFs. Which way will it break! Higher lows and lower highs....It did make a higher high yesterday though. USD is weak. We have been near the record highs for basically a month now. I think this sucker is ...

AUD/USD

GOLD — Volume dropped off small add ons filled _ only corrected appx 20 USD off high so far...... to "bottom" of channel on H4 I have a feeling there is a possibility of the channel widening a bit. We'll see... Oil looks ready for another pop ...

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