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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

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Ro IMRAN Ro
Quoting CrazyOz
Gold has finally broken the line & 1150 is a definite sight on the horizon. {image} {image}
Important resistance levels to watch for pull-backs to reload & add.
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Combat crazy markets with crazy trading
Quoting Jamil7354
{image}
Feasible, quite feasible.
Combat crazy markets with crazy trading
i'm looking for a place to enter my shorts but to be honest i'm not quite sure where lol looking for any kind of fundamentals that would sup a further climb or a stop in it atm..
IMHO, post-US Retail Sales release announcement, the Gold prices are likely to break its short-term ascending trend-channel formation, targeting sub-1100 region.
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Quoting Fx_Anil
IMHO, post-US Retail Sales release announcement, the Gold prices are likely to break its short-term ascending trend-channel formation, targeting sub-1100 region. {image}
Not so sure about sub 1100 but 1104 is a distinct possibility.
Combat crazy markets with crazy trading
Quoting LzJustin
{quote} Topped? Not sure if that means it means its going down? Its pretty high now again. 1105. Which is around 4.00 away from previous high 1109. Currently Im shorting at 1103 short term tho ^_^
Out of curiosity, do you still have your 1103 short?
Quoting CrazyOz
{quote} Not so sure about sub 1100 but 1104 is a distinct possibility.


I may be rounding the figures, you're right. Thanks
resistance retest - expecting range in the channel
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just do it
Quoting OZTrader22
{quote} Out of curiosity, do you still have your 1103 short?

Nope, I closed it and brought a small amount till. But I did close the buy early though :/
Silver getting absolutely crushed .... dragging Gold with it.
Quoting SunTrader
Silver getting absolutely crushed .... dragging Gold with it.
Expected movement for today (tuesday) imho
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just do it
Yeah silver getting crushed, gold being resilient though..
Quoting CrazyOz
Up Up n Away. Gold to follow Au's lead for a major retracement. {image}
So far so good. Will look to to go long again around 1130.
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Combat crazy markets with crazy trading
Quoting CrazyOz
{quote} So far so good. Will look to to go long again around 1130. {image} {image}
Why at 1130?
any solid reason to support your setup?
pleas advice
Quoting rixon227
{quote} Why at 1130? any solid reason to support your setup? pleas advice
61.8 Fib. I also have my own system which is deadly accurate.
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Combat crazy markets with crazy trading
Quoting CrazyOz
{quote} 61.8 Fib. I also have my own system which is deadly accurate. {image}
would you like to share the sytem on your chart . thanks
Quoting razaali
{quote} would you like to share the sytem on your chart . thanks
Maybe one day It's rather complicated, manual & uses NO indicators. Most don't like that
Combat crazy markets with crazy trading
Quoting CrazyOz
{quote} 61.8 Fib. I also have my own system which is deadly accurate. {image}
Using your chart and looking at S/R of higher time frame push back and drop from 1160 is noted.
my eyes are on 1st 1144 response and then 1134 area response as the lesser monthly timeframe pivot is 1134 using old floor traders pivot.
so lets see if this 1130-34 area holds.
1076 major support area held and says go north.
1107 daily closing above held and says go north
1160 says south 2nd day retest says what ?
1134 response says ???

Fri close and hanging at 1160 not motivated to move south but acting like
more upside.
What ?
Wait a second, all markets goes down,sell stock, get money and what to do with money? BUY GOLD!
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