When you see a butterfly or bat wings.....They are blue triangles that are side by side. you should see one on the H4 chart right now....on eurusd That would be an indication for a buy.....you would wait until you are sure it has finished going down. ...

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

What indicator is that for the candles?

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

The defaults work for me. The fibs are straight forward...resistance and support levels. The ZUP......just look for the blue butterflies....guaranteed on the higher time frames like 30min 1hr and H4....but also very effective for scalping....on ...

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

Thxs wheels....gotta hang it out there right....grow some Looks like the "big boys" (actually more namby pamby little chicken necks) are driving the price down again....so they can get rid of some of their fractional reserve accounting to pay ...

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

Looking at the daily chart: The fibo extension FE 100 is at around 1625....which would also line up with the 200dma on the 15th dec.....which is normally when it starts turning bullish...last 2 weeks in month. Since this is end of year too...I ...

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

Eesssh.....1300....that would be rough.....what do you mean exactly by "sold off" Sun?....basically when they hit resistance levels at 1800 and 1750...the selling stopped....am I interpreting that correctly?

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

couple of things: 1) forexfactory has loaded a new feature...you can connect via your investor password to your live account....so you can allow people to see what trades you are in. Mine can be seen at the following address: url Keeps us all ...

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

hmmmm.....which way to be or not to be. with the volatility......it could bounce up n down pretty radically.

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

nice analysis and feedback cath...useful

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

anyone care to speculate on where the price of gold would go if we enter into world war 3?

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

hehehe...yes you did....thxs Will check it out.

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

I am guessing you have prob explained this before B.....but how did you decide where your 1st bracket starts and ends....would you give us a little more detail on that post please....thxs.

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

Went long at 1735 on a retrace from the spike up. Has a $12 trailing stop on it....will TP at about 1750 resistance and wait for a retrace and sign to enter another long.....if I don't get in....will wait until 1752 to look for an entry point. TP ...

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

I concur with your analysis too

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

Thxs....appreciate the icho analysis always good to have another analysis.

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

I second that 1650 or 1630 would be a good buy. Its gone below 1680....so it will probably go down to one of those....would be a little surprised if it went down to 1600....according to my daily chart post today....I doubt it will go ...

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

Daily chart It has retraced to the 61.8 fib ~ 1680. It is just above the 150sma....so I expect it could possible spike down to 1650 before it moves up. Resistance is at about 1725 the 38.2 fib....if it breaks thru that we should see a pretty steep ...

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

Good advice and heads up....thxs

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

those are good calls...watch the 150sma line on the daily chart too...seym brought that to our attention...seems to be very accurate.

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