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

Nah, I'm sticking with alligator

tp3

tp1234

exit.......
sl:1223

Well done.

Close!
10min..until..NEWS

On my chart there was no 1223.

anyway you're great.

tnx..
for..short-term...swing...low..pips

TP:1216

1180

SL:1255

XAG should take a short breather and move higher for a bit....maybe 1650 1660 area

Long gold at 1220. Looking for 3:1 on min retrace

SL 1215
TP 1235

Down Trip Start i think only we have 1209.50 Resistance refer to Heavy Cloud .
Still the Target TP 1200
Entry Point 1266.20 move the SL : to 1245

Gold prices settled at $1241.43 an ounce on Friday, suffering a loss of 1.25% on the week and 2.17% over the month. The precious metals losses were mainly driven by expectations that several major central banks around the world are getting set to increase borrowing costs as well as continued uptrend in global equity markets. The failure to breach the key resistance at $1295 also weighed on prices. The downside momentum got stronger after XAU/USD dropped below the Ichimoku clouds on the 4-hour time frame.
There has been a lack of new, bullish fundamental inputs for gold recently and consequently it is struggling to make it out of the 1239-1260 range. From a technical point of view, I think the market is at a crossroads. Down below, we have the supportive trend line originating in late January and the top of the weekly cloud. On top of us, there are the daily and the 4-hourly clouds. In addition to that, the Tenkan-sen (nine-period moving average, red line) and the Kijun-sen (twenty six-period moving average, green line) are negatively aligned and the Chikou-span (closing price plotted 26 periods behind, brown line) resides below the clouds (on both time frames).
If the bears successfully push prices below the 1232/0 area, look for further downside with 1225 and 1218/5 as targets. A break below 1215 opens up the risk of a fall to 1196/4. On its way down, support can be seen in the 1208/5 zone. To the upside, the area between 1259 and 1264 stands out. Breaking through there would be a bullish sign and shift my attention back to the long-side of the trade. In that case, I think the 1282-1277.50 area will be the next port of call. If this resistance is broken, then we are likely to proceed to 1295.50.
SOURCE
OVER===>1231====>1240======>1244.xx

SL:1231
tp1:1217.xx
tp2:1211

Hi Gold traders. I trade gold and silver and can contribute to this thread with my 9 years experience.

Nice, what you trade Fundamental, technical , any system?

Hi guys, was looking at the trading view for XAUUSD. But it has not move for quite a while, wondering what happened?

my broker has ended trading for gold, what happened?

It seems today is 4th July Independence day for US, so they close down the GOLD market for sometime.