profit taking day terrible that I wasn't home and missed the short opportunity @ 1263, had an order for 1265, these things always happen when they shouldn't will go long now, and damn just got up 1 dollar just in the few seconds as I was ...

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

we may be heading south for the high 1240s to gain momentum and test a new high, there's just clearly not that much buying pressure at the moment

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

in the last few ways the gold surge (new highs forming) always came in days the USD was tanking, so I don't believe this is a coincidence. Exactly the same with Oil

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

Reverse trade looks to me as the idiot's way to make it look like he didnt lose that much money, and feel better about himself for seeing a positive trade along with the bigger negative one, plus paying 2x the spread. just take the loss if it's too ...

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

support @ 1250 now, I'm just scalping at the moment, God knows where it will go next

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

I'm not going to enter a position counter trend unless it hits 1265 again and makes a new high, I already learned that the hard way. The only thing we know for sure about the gold right now is that it will go up in the mid to long term.

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

it seems to be bouncing off between 1230 and 1236 atm, I closed my long with a decent profit which made my day. it looks good for quick scalps with tight stop loss at the moment, but I'm just not in the mood for that adrenaline dose tonight.

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

it's the same mechanism at that other day's spike, it will go down even more to hunt stop losses and gather momentum, might be a few days, so hold on till it goes up. I have a long @ 1230 and will not let it go this time.

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

I'm exactly the same at the moment, and it's pissing me off a lot. To the point I'm thinking it would be far more profitable if I should just open a couple of positions in the morning based on previous analysis work, and go do something else the ...

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

I'm scalping right now and already made back about 40% of the money I lost last week when I covered my shorts in panic, but I couldn't bear the risk of an account wipe. If I had held on to those positions, I'd have practically doubled my account. ...

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

typical market making scheme to hurt the short term small traders, holding the gold above 1250 for a few days so it hurts enough to whoever had shorts going and force them to give up on their positions to release capital, then down with a blast to ...

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

unless the pair is breaking from its almost 2 weeks trend, it should be going up right about now

EURUSD

it will probably break 1.25 and then down, but hardly predictable if it will be today, or we will have a retracement first

EURUSD

I think anyone with an open euro/usd, usd/gbp position for the past few days could see the gold has been carried up by the dollar weakness, yesterday and today were bad for the dollar. The euro will eventually go down again as the news that's coming ...

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

just closed a 640 pips profit gold position to release some capital, but I'm still expecting it to go down a bit further, so I won't cover them all

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

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Cable Update (GBPUSD)

if the dollar can recover somewhat tomorrow, mainly vs the euro, gold will retrace back to the lower 1220s

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

It's an oil company for christ sake, they crap money, I'm sure the environment and the whole affected region will suffer more than BP is/will. If I was a long term investor, I'd get some shares and forget about them, they will eventually go up.

EURUSD

we will have to endure a night of losses, and see if the dollar picks up a bit tomorrow. Hold on mate I've done well in gold lately, but can't seem to trade silver, the chart always seems to be moving sideways

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

it's the dollar getting butchered I'll go short, dont think it will last too much.

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