Well only to the extent gold price monitors the loss of trust in USG debt based fiat system which correlates up to 0,94 if I am not wrong with USG debt development and is also logical. The more debt there is , and is projected to be in future, the ...

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

Very important development of mid term fundamentals that brings support under the idea I floated earlier that US fiscal situation resolution will drag on till July-August 2013 (with different backing I did, but that is not so important as one can ...

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

Because he was making handsome money, so company must be good I will check it out, hate to pay those huge spreads +commission while learning to trade so trading too often, but that is a path one must get through-patterns are the same on all ...

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

Sorry about a question here , but is Oanda a good fx trading company for XAG, XAU pairs?

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

Was stopped out at 31,7 bid, went back in immediately. Little mistake in last fork lines( above) , my soft is not so accurate. The support was exactly on parallel line below top line, at 31,682 bid. Lets see now if it holds again. Put SL on same ...

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

This Dec 10 fork is holding up as well so far today: image But EUR does not look convincing, so DXY (USDx) may move up into silver prices a bit.

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

I do not know , I see it. Will post here again: image

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

Went long at 31.82 ( my platform has 6 cents spread) based on gold movement and this short term fork tested 3 times as resistance already on 1h scale, and with long point A (practically coincides with shorter "correct" fork.) but not sure how long i ...

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

After silver hit the bottom and started looking strong today, I stopped out of my short at 31, 30, watched a bit and went long at 31, 37. Had never before changed my mind so quickly. And with small profit in both directions. After all, it had a ...

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

Fork seems to be still firmly in place. I think we will reach the long support easily- I can not see exactly about 30,3 then may be a consolidation. No earlier move up- or down- then February 1 NFP - and its the time when fork and support ( or ...

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

Retesting a support turned into resistance? (silver): Went short from 31,5 to test this in practice: image This morning: image

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

This: image

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

A bit unsubstantialized, but high coming in again exactly 5:30 NYT. Not bad. Might breach the downtrend line again, on daily since Nov 29, but it has been already there and then huge move down followed.

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

Lets see if London fix will paint PMs down for the third day in a row.

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

And here is a longer term fork with a resistance level on parallel line to look at as well. Of course , we can go on like that back more as well, seeing one more long down fork from 2011 I am not going to draw if we do not hit through the support ...

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

Still on downslope from that fake payroll.. On shorter scale, silver was showing quite nice moves above next resistance ( silver). I think median was crossed and retested in 20 min chart. Silver also hit the upper limit of the same long downtrend- ...

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

Could be . I have not enough patience yet. Every time silver moves up i think this is the time. Still, after humble 3 months of trading. Patience is a virtue do not posses yet. Now it looks like there will be a flush down again.

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

Was stopped out from my silver short I placed against the direction of the fork yesterday, went long at 31,3 no stops no targets as gold crossed 1679. New core for some time. Same time went long EUR USD at 1,3362 TP 1,3695, SL 1,3311.

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

I will definitely join. Going to look at the website. Thanks

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

Placed a short on silver at 31,10 tp 30,80 SL 31,15. If Bernanke is bad this evening. Can only test it by putting money on it. And also there was a triple hit on forks resistance line for silver 20 min- the same beeb was posting once I think or a ...

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