so far its been a wise decision to stay out of gold as its rising and happy with long GBP USD but its a small position . Lets see what happens later. Some banks are betting that there will be a price hike however I think it might not happen this ...

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

Although I still feel Gold is in bearish mode right now, I am out on side-lines ahead of the major even. Instead entered long on GBP/USD at 1.2953 with stop loss around 1.2930

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

Well I am expecting it to higher today.

Cable Update (GBPUSD)

haha I just wanted to make a point that its going back in 1200's but didn't want to write any other number

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

even I think that too. gold has some unfinished business. my calculations says that it has to touch 1299 at least

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

as I said

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

its going to 1339 now

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

well I think bearish wave is not finish yet which started from 1367 , has to go back to previous level first

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

short gold with stop loss around 1360 to be on safe side

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

Entered short at @1342

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

its going up more before coming down further

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

I am still sticking up with my analysis targeting 1295-97. possibility of one point up or down

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

thanks pip miner

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

i said earlier that 1367 will be a reversal point and it did happen. now I am saying gold will definitely go to 1296-98. follow it to make a money or don't , its your choice . just calculate how much can you afford to make between those two points ...

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

but i see its going down for a big drop as i predicted 1367 the reveseal point

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

havent posted in a while but as per my analysis 1367 should be a revesral point,

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

as i said couple 3 weeks ago

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

I have added to my short as it looks so good to short. all indicators point to short

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

i was right there with my post. need to analyse it again but last time when i look i was targetting 1246-48. since then it may have change. will post later on

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

i meant if 1304 resistance is not broken. as i am short from 1303 with stop loss at 1306

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