Yeah....I saw that one too....what did you base the support level on?

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

appreciate your perspective....thank you for taking the time to share it.

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

hehehe would be nice if one of us could always make a profit Yeah....it is like casinos....you always hear about the guy that won a jackpot or a night of poker.....but he never tells you about all the times he looses I am gonna ride it out a ...

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

I think it is this whole euro mess.....the europeans cash out under stress to USD which pushes up the price of the dollar and consequently gold down. In the usa when we cash out out normally to a safe haven it is gold....so dollar goes down and gold ...

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

looks like we may have a bull run on the asia session opened a buy at 1752 res 3 is at 1777 hopefully it will run up to there. will tp there r2 at about 1760....should see a bounce off of that. hopefully it will continue northwards until euro ...

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

Sweet!! Awesome book!!

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

I did the same thing ravisek is doing....we all know gold will eventually go up....but we are all a little greedy.....never thought it could possibly go down as far as it did.....I had just cashed in my goldwing and hyabusa....two motorcycles and ...

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

that is the bottom line....the fed prints money out of nothing......devalues the dollar....which increases the dollar value of gold. "The creature from Jekyl Island - G Edward Griffin" good book on it.

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

I would agree Cath...expecting a retrace....down to the daily 150ma line. although on the weekly chart it did break thru the upper channel....so it is possible we could see a bull run. either way...I would be waiting for something a little clearer ...

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

Yes nothing makes sense anymore....it is going to be a roller coaster ride for the next few months.

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

opened a buy at 1728.....looking for resistance and close at around 1750 Pretty heavy resistance expected at around 1735 restistance 2 fib level Res 3 is actually at about 1747. so expecting it to be a bit choppy on the ride up. Once it hit around ...

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

looks like it is getting ready to push thru resistance 2 at 1726. 2nd test of that res today....think I might open a scalp buy....gonna use silver as a leading indicator. I expect it to make its way up to 1750 before it retraces. gonna wait until ...

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

Maybe...I was watching the dollar index with the price today....they were for the most part mirroring each other. Dunno if that is a really good way to measure if it is a safe haven though....maybe one of the seasoned traders on here can provide a ...

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

I missed that !

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

my sentiments exactly ddinov

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

opened buy at 1710.35 with $6 trailing stop....will let it ride....my guess is it will rebound at resistance 2 which is about: 1725 then continue up to another bounce off resistance 3 1750 At which point it will prob drop for awhile. Will prob open ...

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

Unbelievable!!! Just makes my blood boil....we sooooo need to get rid of ALL the incumbents in office!!! grrrrr

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

2nd that wheels

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

I would say that is a pretty sound strategy....fibs are very powerful. As is the 4hr chart.

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

hehehe

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