No Gold is not that simple, yet, Just because some countries may or may not raise rates, does not mean we as a global community are anywhere close to repairing the jobs market, and all the other damage that has been done through the recession and ...

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

Higher Euro = lower USD = Higher Gold. One way it could go.

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

If we break the channel I MAY take profit and decide what to do with my order afterwards. I will anticipate more sideways movement if the channel breaks.

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

We are approaching the bottom of the current channel. I put a buy limit in. The dollar is getting a little play today. Tomorrow it should be crushed. We'll see. Euro exploding this AM after Trichet comments.

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

Glad to see all you guys continually posting. Keep it up!

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

Good luck to you friend! I was paying you a compliment just so you know. Good work. Point being sometimes the best entries and exits are when no one is looking or expecting.... We cashed out at 1375 bought back and the trend didn't slow a bit. When ...

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

Major weekly resistance broken at 6250, you are going short to buy the dollar?? DXY is in for another major slump. Gold new record highs silver 30 year record highs. Just about every major wiping it's a$$ with the greenback. Swissy crushing the ...

Cable Update (GBPUSD)

With 6250 toasted 6350 is up next on the block. After that we are looking at 6500, 6800 and 1.7100 with some roadblocks here and there.!

Cable Update (GBPUSD)

Euro and Cable just broke some tough resistances. Lets take a look at AUD and see if it can crack the old high....

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

As they click buy from the bullion dealer they are saying this!!!! It's ridiculous. Good points - always follow your insight and no one else's. All we can do here is discuss and help people make a decision. In the end it always has to ...

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

Here is a chart with a simple Trend line to buy off. I have conveniently added in a yellow thumbs up for possible entry points. One never going below the previous one. Sort of like my resting buy limit that never got hit. A trend does not stop and ...

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

Great first post welcome aboard. If you've been lurking you know that I have argued and stressed this point so many times and watched people here in this thread lose money blindly ] "Because it's high it should reverse. Let me sell" Things don't ...

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

Gold = One day one bar all highs broken and silver is still HOT! I may even load up on some physical before we hit 50

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

Somewhere I said this slow and steady move will be the one to take out the highs. And here we are. When I find it I will quote it!!! In any case WOO HOO!!! NEW HIGH 1500 HERE WE COME!!!!!!!!!! Oh what a coincidence some asshole ...

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

Another one/ thanks for the recommendation but I'll stick to my longs. Had I sold I would be near a stop out. Instead I am sitting pretty on three longs after cashing in the first three at 1375 area when no one else was. Besides maybe riko

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

Still sure about this?

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

As the dollar weakens and gold gets more expensive you are locking in purchasing power. Put it this way. you bought gold at 700 USD at this time a loaf of bread cost 200 USD. Gold is now worth 1430 lets just say 1500 for arguments sake and the bread ...

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

And yes the spot high has a new record I am getting 1432.51 from one broker. lets check the futures market

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

Gold prices and their highs can vary. The most actively traded GC futures contract has different highs and lows than the spot market. Although they are only usually a buck or two, when you are looking for an exact number it makes a difference.

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

Howdy Boys and Girls, Looks like we're on the verge of a new high!!!

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