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

Quoting MzansiObi
Levels played out well today. Some stops here and there but managed to bank some. Calling it a day last sell trade running Trade safe guys and gals..... {image}
I made a sell entry today, long term entry using MM with SL 1537 yesterday's high.
Will look if I can keep it or end it with little profit/loss
i need 1560 or close... this month.... pretty busy at ofc less time for scalping .... i have been adding small longs from 1500 and will add more til 1530
Extreme gut feeling trader
1kto50k_montygoldy Return This Week: 44.0%
Quoting auricforecas
{quote} Tnx man.. Yeah, mine primary focus is not the spread etc.. because if we get the other parameters right, I am sure we can get some broke or even individual deal/quotation for the spreads also This has to be researched of course, but only if the further research/history will show the benefit of XAU/EUR vs. XAU/USD... It has so far, at least for the last months that I've been tracking it.. As for twice the gains... it is because of the correction.. but we see that the gold got away so much better against the EUR than to USD.. See here.....
Ok things really started to roll now
https://www.tradingview.com/symbols/XAUUSD/ +1,19% since midnight, at least the times I see on this chart...
https://www.tradingview.com/symbols/XAUEUR/ (+1,50%) Now imagine the leverage... Ok will wait for like a week tops..! But I am looking forward to XAU/EUR TRADING, live TE...

EURUSD dropped today... I think we will see a rebound but overall slow downtrend still... so far as predicted...for 7+ weeks...
Can you afford to take that chance?
EUR/USD - LIVE (burner sample) TP20SL20 Return This Year: 212.1%
I'm watching the behavior but i'm on the sales side .. let's see if there will be any false break in this resistance...
or some closer resistance for me to sell.
" intelligent is one who does not get tired of learning". Socrates
Quoting Marcieny
I'm watching the behavior but i'm on the sales side .. let's see if there will be any false break in this resistance... or some closer resistance for me to sell.
Looking pretty good then on the sell side - I just took a few quick sell hits as well. Good results. I believe it is a short term movement though. I still see some long-term bullishness in gold.
If in doubt, paddle out!
Quoting SurfsUp
{quote} Looking pretty good then on the sell side - I just took a few quick sell hits as well. Good results. I believe it is a short term movement though. I still see some long-term bullishness in gold.
the sales have will be just correction or pulback .. I always like to trade pulbacks ... Seems Pulback, the last low it for now .. so I prefer not to buy for now ..

every time the price hits strong resistance it takes days to come back..
'll be selling the spikes for now..

I'm waiting for the closing today.
" intelligent is one who does not get tired of learning". Socrates
Quoting farukh
{quote} I made a sell entry today, long term entry using MM with SL 1537 yesterday's high. Will look if I can keep it or end it with little profit/loss
Where did you short bud?
Quoting montygoldy
i need 1560 or close... this month.... pretty busy at ofc less time for scalping .... i have been adding small longs from 1500 and will add more til 1530
Been wondering where you have been bud.

1560 very probable.....
For now will keep enjoying the day trading.....

Keep well bud
Quoting MzansiObi
{quote} Where did you short bud?
1512
Quoting farukh
{quote} 1512
Alright my brother. See you guys at Asian open
a word of caution, have a look and let me know the thoughts.
at H4, I can see the broadening reversal wedge formation. Its showing MACD divergence too. I think its getting ready for supper fall. It might be validated if China reciprocates some positive attitude towards the trade deal.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-h4-metaquotes-software-corp-2.png Size: 80 KB
h1-low-risk
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD - Alternate test2 - Aug-15 0044 AM (1 hour).png Size: 74 KB
ForexSignalsz All Time Profit: $9,791
Quoting MzansiObi
{quote} Noted Tush..... Are you trailing your profit atleast?
yes mate, I have locked the profit.
Quoting tush1822
{quote} yes mate, I have locked the profit.
What a gentlman!!! Good man!!
Quoting MzansiObi
{quote} Been wondering where you have been bud. 1560 very probable..... For now will keep enjoying the day trading..... Keep well bud
Yes man... been busy since last month switched to a new job... even stopped ultra high risk trading for last 2 last weeks, been on a losing streak. Need to break this jinx
Extreme gut feeling trader
1kto50k_montygoldy Return This Week: 44.0%
I feel like this weekly candle gonna go big up...
Extreme gut feeling trader
1kto50k_montygoldy Return This Week: 44.0%
Price has many resistance and USd / jpy is wanting to go up with GJ
" intelligent is one who does not get tired of learning". Socrates
Quoting montygoldy
{quote} Yes man... been busy since last month switched to a new job... even stopped ultra high risk trading for last 2 last weeks, been on a losing streak. Need to break this jinx
I hear you brother....
Good luck and blessings with the new job.
Some time away from the charts every now and then is therapeutic.......
Went to bed with a pending short at 1522...
It's filled out. Will close it and wait on LO and some levels for today to enter from again

But as things stand buy dips towards 1530 may be best if 1505 holds intra day.....
Morning Traders.

H1 buy 1515.13-1512.4
H4 buy area 1510.36-1502.17
D1 buy area creeped up towards 1479.23

Price has been trading within confines of the major bearish H4 candle it's extremes at 1486.24 and 1532.63.....
That low is a couple of pips away from d1 buy zone, as such and bearish movement should be aware of possible bullish impulse from there about......


Levels to watch for.....

Upside
1523.4
1529.8(upper extreme of bearish 4hour candle)
1542.05
1559(extended level)

Downside
1514.1
1511.55
1508
1488(extended level)

Pending orders

Will Cautiously;

Sell limit
1535.
SL 1546


Buy 1512
buy 1502

Stops at 1490.

Buy limit also at
1480(D1)
SL1469.86



Trade safely
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