Was I 180 degrees wrong . Time to shut up

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

beeb Yes, 1679 I would even say , though for you scalpers 1677 might be good enough I have a feeling that today will end down at close- down from where price is now. Could be the same 30,60, same thing for EUR USD -down. Who wants to be long ...

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

Am I right that breach did not materialize, or is it too early to say?

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

There was something showing in the opposite direction, when the USD in fact got stronger relative to gold before fiscal cliff solution, the EUR went even stronger. That indicates that if there would be stabilization in USD based fiat regime , EUR ...

EURUSD

Yes of course silver is more volatile, by approx a factor of 2. I made i pitchfork on daily silver /EUR and noticed that on Friday it reached the median (pierced a bit though) and then jumped back to the parallel line on close, as well as that its ...

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

Yes, 2008 support line is not out of question as conditions for the first time since 2008 are so uncertain for PMs. On Semi_ log chart, long term lowest support comes in around 28,2 during this time. If that is breached, that would be briefly, and ...

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

All depends on USG debt size, its growth speed acceleration or deacceleration (=improving economy or short term fiscal deficit reductions) and future perceptions on USG debt as the measure of trust in the world fiat system which is based on USG ...

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

This bloody fork for silver on daily I made this morning copying another guys approach to gold worked like a clock today: image The whole USD tanking stuff did not help any. Now the only thing that is stopping it seems to be the longer term silver ...

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

Looks like a positive development over night ( timing from where I live). Till Europe open, silver may escape another rejection at some resistance fork lines, crossing them. Only 23,6% retracement.

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

Not mine idea, but 1677 is a possible point to go long. Maybe someone can comment. If true, 1679 is definitely OK.

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

So one of likely scenarios is a peak in Feb after slow January, then back down to March 25th region but with higher bottom (30, xx) , then reversal of trend up again within the longer term continuation triangle that ends in May-June 2013. So far I ...

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

In Early march the 200 MA for both silver and gold will move up till April. Interesting, would it mark a support or resistance then. I think it will be above 33 by the end of this period. These dates- beginning of April- coincide with projected ...

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

I did not know that. Then its just as you say. That is better. Thanks. Hope we are getting inverse head and shoulders than on 5 min chart.

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

The reason in price fall, if anyone interested: url Short term USG deficit reduction may require smaller borrowing. That is how market reads it. In my opinion, it will just prolong the debt ceiling negotiations time line and thus uncertainty ...

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

Silver just crossed the median of this one and tested support once: image

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

Would like to see it cross the median today.

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

Is not this fun? In principle, now both these Head and Shoulder patterns have to reappear every day... image

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

I guess chart was not visible, the one made by friend- it looks like this: image

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

KADC VERY informative and clear. Thanks. Here is my little 2 fork cross I am looking at now: image

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

Since I am long with average 30,98 I can not do anything about this but wait but I would rather see a confirmed bull breakout then speculate on early bull signs. There have been so many since August, and cost me a lot There might be a spectacular ...

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