agree with you, my style and timeframe of trading is similar to yours. Although I will front run you and buy above $1625, don't think it will get to 1600

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

BRB entering limit order @ $1000 for 1 tonne of gold

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

Break was long overdue after the churning... Am looking to short if it bounces above 1698, aiming for 1665 at least. Then I think we could get a major pullback to 1700 level before going lower again to 1625 area.

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

well the triangle is after a bullish move. NORMALLY, a symmetrical triangle after a bullish move gives way to a bullish breakout. But we saw a hard rejection yesterday at 1755, and now the range is getting too small, so if I'm buying at 1700, I'm ...

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

are you trading physical gold? because i don't think anyone here trading futures can give a stop loss all the way to $1660(i think this holds) aiming for $1760.

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

out @ 1722. not sure what to do now...

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

long a tiny bit @ 1710, thinking the trendline of the triangle at 1700 holds.

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

i know its just one indicator but did anyone notice the fast-over-slow stochastic crossover on the monthly chart? i admit they are very close to each other but it's one more confirmation for the bulls. It's the first bullish crossover on Monthly ...

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

bot some more at 1733.4, aiming for 1747. used the technique of buying on the 'hook' after the breakout above 1733, learned about it from this forum, forget the user who talked about it, he has a big thread going on

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

lol, never bet against the central banks, you know more easing is coming!!

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

ECB loosens collateral rules, gold shot up $11

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

usd bear, what is the target for your short?

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

gold is awfully close to a breakout of the triangle on the weekly/daily, only $25 either way. wonder if the ECB meeting tomorrow will cause it?

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

on the 30min chart a double top formed between 1733 and 1725.5. Looks like it could go to 1717. 1714 is 38% retr so i would consider adding to longs around 1715.

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

do u guys trade futures or cash? i'm in dubai and DGCX sux with liquidity, so trading in cash mkt. but con is that i can't go short, so have to use crappy DGCX for that.

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

went long @ 1730, my target is 1803 no real reason to go long here, got out at 1727 yesterday for a $15 profit, but feel like dont want to miss out on the move so got back in. minor support @ 1729. i'm in cash mkt so don't really have a stop. ...

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

thx for the charts. is it possible for you to post the spot gold chart, or even the gold futures chart, instead of the gold index chart? i haven't found elliott wave theory reliable in the past, i find basic trendlines and chart patterns way more ...

Perfect Wave - 2011-Q4

anyone use elliott wave theory out there with good results? i have had a horrible time with it. using elliott wave it looked like we're in a C wave lower from 1800 calling for a fall to 1400 area, but that didn't materialize. I've had great results ...

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

hi, new here, first post long @ 1712, aiming for 1727 theory is that we're in a weekly congestion(triangle) with support around 1700. If it breaks that i will look for 1660. But I think we'll go higher because fundamentally I don't see much out ...

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