Upside side break, or downside? Get your votes in lol.

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

Manage your risk right and you will never loose, take profit at levels, once TP 1 is hit, get stop to BE, don't take stupid trades with small risk:reward, don't take a trade for the sake of trading, if you got a guy feeling, it is probably right ...

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

I don't agree with long term bullish, gold is in the middle of a major correction, and has not completed the cycle yet, if you can get a 20 year chart, you can see we have still a good bit to go until e reach the bottom trendline which has held and ...

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

Banking on this rally?? I know I am haha

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

I have a buy open from earlier at 1211.31 NFP comes out today also, so maybe worth watching out for. It gives bearish news for it on MyFxBook, so hoping the USD falls and which should give gold a nice boost.

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

You couldn't make a penny from them unless you got a robot to trade them, even at that, your spread would need to be about 0.001 lol.

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

Here is another screenshot, this is happening right now, also M1 and M5 from NetDania charts as my broker isn't really recording ticks at this time of the night. EDIT: Last chart is after... I actually think this is short building, an order is made, ...

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

Out of interest, what time frame do most people trade here, I try to stick with H1 and above, but it can be very misleading at times :/

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

Just doesn't seem to like the smell of 1200 that much, massive 2 bar reversal on the H4 chart now :O I think every gold trader out there will be confused at this point, higher lows for a while, then it just turns and makes us think we are going down ...

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

Could this be a bear flag formation on the daily chart?

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

This looks very interesting, it would be interesting to test out and see if it performs. IMO, the move up was due to new, or so we think, smart money used the news to make a massive blast upwards, they have completed the position gathering stage and ...

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

Hey, I have seen a lot of people use that indi you have on your chart, do you mind sharing it do I can check it out? Cheers

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

I am just watching the USD Index now, looking very bullish at the moment, maybe we could see a further drop in gold today. Just a thought.

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

It was actually a rather nice day for me haha, slept until 4pm, waking up every hour to check the charts, take profit on my sell had been hit, so all in all, decent day for me haha. I am just waiting for a chance to enter again, thinking maybe ...

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

Looks like that spike was some stop hunting.

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

I wouldn't be buying until 1180 is hit and a massive signal is shown on the daily chart, even at that, I would defo be cautious, why do you want to buy again anyway? Why not sell and go with the flow?

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

You mad bro? A 15 Min hammer means nothing, look at H4, that is a VERY bearish candle... also, daily has broken the recent low, so expect 1215 or 1207 tomorrow. My opinions change all the time depending on what the market is doing, but this looks a ...

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

Nope, had it placed 20 points plus spread away from the low You get stopped out on your buy? I have had the worst week ever last week lol, usually I have a good win rate, but last week was terrible, hopefully make up for it this week.

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

Now to break 1226, which could lead to 1214, the 1208 and lower, we have just broke out of the range we have been stuck in for the past few days due to the Constriction Data just released, which was 0.5% higher than expected, boosting the USD.

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

My short just triggered on a break of the recent lows at 1234.63 :/

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