Just to make sure I have a proof there is no long term capping: SILVER is exactly on its 2001-2013 exponential price rise CURVE median, represented in this semi log plot as straight line: image Movements above and below exponential price rise ...

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

GSR oscillations continued: image The triangle corner lines have been broken a bit on the upside, but due to gold price increase( unusual relation between gold and GSR) . So the breakout is not really confirmed yet in either direction. image 4 h ...

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

In essence yes but GSR is even more realiable in such relation, USDx (DXY) PM relation is not always true. Sometimes all fiat dips vs. Gold just at different rates with USD being the slowest dipper, so USDx (DXY) can increase, and gold price in USD ...

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

99% of cases if GSR goes up(down) PMs go down (up) because silver always make bigger moves in % due to its higher volatility. There are some cases when its not true, but very very rare. Then I add observations on each metal separately, as there ...

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

GSR and gold yesterday behaved exactly as expected, if belatedly after wild intraday oscillations we are all used to now, so today GSR should move up ( possibly silver down or both PM down) , but not much, as ideal triangle painting continues. ...

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

Last 5 days, interesting and very predicatble GSR pattern. Its moving into a corner on FEB 8-11, but its also beeing pushed away from fork median, so there can be both short upswing (metals down) and than continuation down (PMs up) . Today the ...

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

Made silver and gold forks on long term log charts (the idea is the same-median but for exponentially growing price). Put in parallel lines. Looks quite clear-the support line has been hit twice now , price has to continue moving up to median for ...

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

I guess NFP were bad? No, the unemployment rate INCREASED as more people search for work again. That will happen for a few months now. For time being, it has played in hands of PMs, now coming to certain fruition: 1) USA GDP was down -0,1%, ...

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

Lets see if this short term fork can take over for some time with NFP coming: Last 7 days it has been working. image

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

I noticed bottom happened exactly at the time when Senate started debates on debt ceiling. So I made this fork: image Of course, if vote goes astray and does not happen, there is still possibility to go down lower, but market seems to think once ...

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

@beeb- Hope You could post something.. it is all of value. Even if its is not TA charts directly. This daily GSR fork seems to be working though I missed the trade down for sure and am not sure about the move up today- tomorrow, but it is there: ...

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

This was a nice hit on daily GSR Median. Some forks are working, really. Watched Paul's webinar yesterday, lot more nuances gathered plus patience needed. Lest assume silver goes down now, but is it revisiting (GSR ) median or not, I am not sure now ...

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

That is why it was broken through on the downside! The C low was a bit before B high, I got it. Hope that is the one YOu smile about. Will watch webinar tomorrow for sure. However, another one on the upside just took out next resistance level ...

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

Short term 1 h chart fork looking to move back up to median in few days ( 32,6-33) before going back down to daily support line in end of January ( see my post 3 posts above -30,4 one strong resistance level,might be overshot downwards) : image ...

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

Keeping training on forks. This is a bit more conservative fork I have seen used for downtrend. I expect it to lead to a bottom around FOMC/January NFP , after few days down (31,7?) and than up still this week (32,5?) , crossing on the downside with ...

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

War in Iran would be on average PM price positive as it will increase USG fiscal deficit and debt faster, and reduce the trust in the USG treasury based international fiat monetary system, and this reduction is what drives the gold price. Gold price ...

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

Yes, it will be drastic. Still think not faster then July the move starts, but sometimes triangles are broken out before reaching the end ( then its just a wedge).

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

This is how I approximately see exponential top and bottom lines developing on a linear chart. To project the RED lines which would mark the next move up in silver in quite wide range ( volatility, bubbles) , one have to take the slope of chart in ...

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

Checked FXCM. UK site. For silver, leverage 1:200, which is exceptional -might be good for small account, might be dangerous, min account 50 USD ( well I have a bit more) , that is fine, min lot 50 Oz, OK, targeted spread - 0,05 ( 5 cents) = 50 USD ...

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

Thanks, I am NON US. Will look at what you suggest. Being able to open account without sending letters and passport copies to and fro is also important, as is withdrawal. I looked at Swissquote, send all the nice papers, and their letter back with ...

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