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What is the action now in XAUUSD? 25 replies
Gold, is it right time to buy? 9 replies
Oanda now offers Gold and Silver 6 replies
DislikedSooo 10 year yields are below 2 year yields? https://www.marketwatch.com/story/2-...tor-2019-08-14 Only one way to trade gold right now... UPIgnored
Disliked{quote} Yep, all time low in the 30y too. 10y bunds are trading at a -.71 yield. There's got to be a lower bound for yields. Maybe that's the point where people just hoard cash and buy gold?Ignored
DislikedGold is trying to find a direction right now. The trend has been slightly higher since the CME daily open. After the SHFE I'm starting to question if it'll continue higher. Asia looks like they're selling gold and with lack of any economic data, sentiment is what we're looking at here. I still favor long because there's so much support with all the uncertainty and political turmoil. If I get stopped, I'm looking for a re-entry (long) at a better price.{image}Ignored
DislikedRight now, watching Gold. Not sure if that 1505 was the bottom or not. Looks like we maybe seeing a pivot. Thoughts?Ignored
DislikedNow what you is your expectation about gold price? since it is not crossing 1505 then it means it will again go to 1487?Ignored
Disliked{quote} Not too sure bout that... $1500 has been a good support and she's been trending up for the past 5 or so hours. It does look like she's losing steam but, there's plenty of day left for some chart moving news to drop... You can probably get alittle (scalp) in between 1501 and 1502 in the next hour or two though?...consolidation....Ignored
Dislikedi would like to go long with a stop under 1480 target 1515 at leastIgnored