i'm talking about long term. the first inverse head and shoulder failed. the next one you high lighted needs to break the neckline significantly to for it to be complete head and shoulders reversal pattern targeting near the highs of 1600 if price ...

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

image head and shoulders seen at 1h chart. neckline at 1740-43 right now pa is back testing that area. current price 1hr and 25 minutes before closing is 1736.60

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

omg myk!! i thought you were leaving? can't stay away from the adrenalin rush of the PA i bet. but thanks for your post. learning a lot

Gold and Silver Daily

gogogo!!!! drop!!!

Gold and Silver Daily

i agree. keep us posted with your set ups. i really want to learn as much as i can with trading. actually i am addicted to learning right now

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

gold volatility is crazy. last march 15- 20 dollars movement was big for gold. now that's considered low. buying at key support sounds like a good idea. but factoring in the volatility makes me nervous. i'm not yet a seasoned trader to be confident ...

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

yeah congrats=) may the pips be with you!

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

isn't that a head and shoulders pattern, neck line being 1777?

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

^XAUUSD Gold 1,784.07 ^XPDUSD Palladium 726 ^XPTUSD Platinum 1,768 ^XAGUSD Silver 38.977 05:13 gold is more expensive than platinum?!? daaaaaaammmn!!!!

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

drop to 1800 from 2300

100 guesses on the price of Gold in Dec '11

here in the philippines the U.S. market closes at 5am and the asian market resumes at 7am. for two hours the market is closed. but that's the thing, when the market opened i can see the prices moving. for example when the price opened at 1623 (gap ...

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

using a line graph it looks like an ascending triangle to me image

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

OMG everytime i try to liquidate partial profits during "gap mondays" my platform says the same thing, " invalid prices ", " market close " i need to transfer

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

the gap seems to be a breakaway gap rather than an exhaustion gap. the difference between the two is that a breakaway gap happens usually during the start of a new trend. exhaustion gap happens during maturity. yes the trend was there since june... ...

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

need... to buy... more... cough, cough*% WTB dips. 1740 now. yesterday seemed like it was very comfortable at the 1700 level

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

@bemac september is a wedding month for india right? in addition to that, since august is a ghost month for the chinese, most will start investing heavily once it is over.

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

imo doesn't really matter if you're paying more... as long as you are earning. we're here for profit. i don't want to wait for 1300 or 1400 before i decide to buy. while you're waiting for your price to go long in the market we have already locked ...

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

then i guess i made the right decision by opening up a long position last friday. but we'll see. damn i love this thread.

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

i guess you're asking why it didn't fall like a log below 1640. i'm thinking that they don't have to protect their investments since they already liquidated their earnings during the previous day (friday today so time de-stress). the bounce back up ...

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

well two things i guess... investors/traders are just too pessimistic of the U.S. economy and gold is not just a safe haven right now... it's also a very good investment. also i'm thinking that they don't have to protect their investments since they ...

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