In sync with your comprehension on Gold market. I'll be more than happy to see Gold touches 1341 or 1342. Wish Gold could range 1340-1350 permanently so everybody can profit from it. No losses just wins from being patience.

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

Thanks for the encouragement. I see bearish movement formulating steadily. Gold is bound to slide.

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

Whatever stimulation may occur, it hopefully turns to our favor. I can't wait to see more greens today. Keeping my finger cross. 1350 for now has become a major resistance. I'd like to see Gold breaches support 1340 if all possible before US closes ...

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

I set my target at 1341.5 just like yesterday. Testing which tendency is leaning strongly towards. Playing it safe to ensure I stay with the trend flow. What's your entry, target, sl?

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

Amen to that brother! I just added 10oz to my selling power. Lets see what happens in an hour. Thanks alot for providing thorough detailed info. My winnings is attributed to your knowledge.

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

USD is prominently strengthening. Kitco.com suggests a good portion are selling Gold as well.

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

How many lots do you usually enter on average trading for Gold? The most I had most 500oz. but it was way to risky. I tried it once and gained decent profit then had to restrain myself. Now I usually trade 50 - 100oz.

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

Nice correlation analysis with respect to DOW. I see a significant drop from 1350. Just put my entry at 1346.

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

[quote=Bootleger;4090415] So you were multiplying your losses I assumed. Exactly what I did :-(. What a trap bait I kept being pulled in till SL kicked in to save my deposit. Hey, Gold just took a dip while I'm composing this. Man...missed entry at ...

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

[quote=SilverKnight;4090370]Check the chart out... -SilverKnight While we're waiting on some firm update, lets reminisce back to when Gold dived down to 1156. Remember, when Gold reached a peak of all time high in July at 1265 then it went downhill, ...

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

I see. I'm aware of bloomberg and view the web frequently. I thought you might have an insider 'insights' from a promisingly reliable source :-). I'm seeing dollar slightly weakening since US opens so lets stay tuned with what the impact may bring ...

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

I've been observing Eur descending once it hit 1400 area several days ago and no power to push it back up. Plus, Asia and London sessions tend to pummel it down lower. I see more of a downtrend developing as supposed to a retracement for another ...

EURUSD

Where do you research this information from? Is there a particular website you visit frequently for updates? Thanks for the info buddy!

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

Oldest trick in the book yet many took the baits! Technical mark-up seems plausible. I'm monitoring for possible highest entry position to go short for a while until target achieved - 1320-ish area. That's my plan for the day. Lets hope there won't ...

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

Who in world just bought a large quantities of Gold? USD is strong so there has to be a predominantly wealthy buyer re-stocking Gold. Just jumped to $1350 in 5 seconds.

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

Every fiber in my being is inclined towards the decrease of Gold but something is holding it up. Kind of stubborn if you ask me. I'll wait for further confirmation before entering a short trade. Some other news should be released shortly which may ...

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

What's keeping USD from shooting up like straight arrow? All indications show uptrend move. Someone big must be buying lots of CHF.

USD/CHF

Wow. My short trading position was closed at Asian London session at 1342 from 1348. Not bad at all. Are we convinced Gold is declining to the 1320ish area at least before re-bouncing back up?

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

My perception on today's market in USA would more than likely hover between 1340 - 1350. Its been gliding in such range since US opened. I see no reason Not to make quick profits playing 'short term' until a trend is fully developed. I intend to go ...

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

That was the very reason I thought USD was weakening and XAU would certain rise respectively. Where did all these buyers come from all of a sudden? What was your entry position?

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