Gold has just perfectly bounced of 161.8 level (start and end at yesterday's rally). Therefore I'm not expecting and overnight rally to happen.

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

That's just insane... there has never been a market driven by hope as much as this one... I wonder why this is happening from a psychological aspect? The blackout period is the reason why there is so much risk around this rate cut, there is nearly ...

Gold RIGHT NOW

Yeah, it's probably a better idea to trade the 30day Fed Funds Futures then gold on the rates release. If there is a 50bps cut(which i HIGHLY doubt), i'm sure gold will raise(but perhaps not much, given the current agressive rate cut price in?). ...

Gold RIGHT NOW

That's very useful, thanks for sharing! Yeah, exactly, this is the kind of thing i'd expect to hear from Bullard, and when he says it it usually doesn't have much impact... but when Williams said it it should have a much greater impact simply ...

Gold RIGHT NOW

I've done the same, if the price falls bellow 1430 before the market close(but i doubt that'll happen), i might enter a long position during the Asia session, FED member williams just created a lot of upside potential with his statement (" better to ...

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

FED Williams: better to take preventative measures on rates than to wait for disaster to unfold This is giving a solid boost to gold right now. It might even trigger and overnight rally up to the 1440 levels.

Gold RIGHT NOW

The Philly Fed Manufacturing Index came in a lot stronger then expected, shifting the fundamental direction for gold downwards. 21.8 5.0 0.3 Unemployment claims were also revised lower (only 1000, but still lower) then last month. All in all, ...

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

I was also the one who told you that that is illegal, and it is very illegal. Yeah... there is something that can help you catch these moves on time : A high powered supercomputer with great trading software in New York or London connected directly ...

High Impact Events Trading... Gold & Copper

Hello, I was the one who dropped the link to the report. That was a very strange situation because they released their report 4 hours ahead... This nearly never happens, there is no way to know news before news, if there was, we'd all be ...

High Impact Events Trading... Gold & Copper

I don't because i simply don't have time or expertise for it as there are many different properties with different purposes. I outsource it to a local proprety managment agency,they do a pretty good job. I've always been doing the same thing : 1. ...

Anyone own physical Gold?

Just for this purpose I opened an account with a low quality (nearly scam) broker IQOption... they always had their own imaginary charts and used to stop loss hunt CFDs, it was so easy to predict as their feed would go 0.02 seconds late of the ...

broker stop-hunted my palladium trade

New meteorological research has confirmed that it is possible to predict the weather much more efficiently and precisely than the current system with fractal cascade simulations, because the atmosphere is a multi-fractal system. Likewise the stock ...

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

Yeah, i do agree land has economic uncertanties, however, land is essential for life, gold isn't. That's why for me it's a better alternative. Especially where i live, in Croatia the land prices have increased 4 times since 2010, and double in the ...

Anyone own physical Gold?

Hello! How i store my money? My favorite way to store money is real-estate for one reason :You can rent it and earn additional income while keeping your investment generally unchanged(some apreciate, some depreciate). Most of my real estate is for ...

Anyone own physical Gold?

The fundamentals are strongly against shorting XAUUSD. Dynamic analysis is usually better then static in the current market situation. Today i've stated that gold should fall and put my stop loss at draw even, which has been triggered, however after ...

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

Yeah that's a good point, patience is the most important aspect of trading, however my non-fundamental analysis doesn't focus around levels , only major ones and for takeprofit/stop loss. I'm more focused on looking at how the volume and price ...

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

I'm short selling gold. I'm looking to take my profits at around 1392 level. Once the 1401 support level is reached , i'll update my stop loss to draw even to eliminate any potential rebound risk. Currently USD has a lot of more potential for ...

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

Hehehe

Picture Tennis (metals edition)

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Picture Tennis (metals edition)

POWELL: "But first-quarter growth was driven largely by net exports and inventories—two volatile spending categories that are typically not dependable indicators of ongoing momentum" " FOMC participants have also raised concerns about a more ...

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