XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2157 | Metals Mine

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

  • #43,121
  • Aug 27, 2017 9:59am Aug 27, 2017 9:59am
I think XAU/USD will break 1300 this coming week.

If that happens, where would the market be heading to in your opinions?
  • #43,122
  • Aug 27, 2017 10:18am Aug 27, 2017 10:18am
Quoting SophieFX
I think XAU/USD will break 1300 this coming week. If that happens, where would the market be heading to in your opinions?
if it breaks 1300, its going higher to 1340 atleast but obviously in zig zag pattern, it wont go straight to 1340 but will fluctuate in the coming days.
  • #43,123
  • Aug 27, 2017 10:30am Aug 27, 2017 10:30am
Quoting babaz7
{quote} if it breaks 1300, its going higher to 1340 atleast but obviously in zig zag pattern, it wont go straight to 1340 but will fluctuate in the coming days.
Cool. I am thinking 1335 first. You know, the Nov 9th 2016 peak.
Boy did I wish I had shorted that beauty!
  • #43,124
  • Aug 27, 2017 10:33am Aug 27, 2017 10:33am
Stop losses are to tell you when you are wrong and to protect trading capital.

Better to be out of the market wishing you were in than the other way around.
  • #43,125
  • Edited 2:39pm Aug 27, 2017 12:26pm | Edited 2:39pm
Gold (W) & (D)


I think ... the market is inside the "three composed" wave ...
(inside "3 compo", within b3 wave, inside an ABC correction)

... if this is correct ...

the "three composed" wave would have a TP between 1372 and 1300
(depending on how the internal corrections will develop):
TP 1370 if the price will bounce at 1200,
TP 1300 if the price will breakdown the previous minimum by touching 1130

I expect the price will pullback in the low area before getting up to TPs


P.S.
TP between 1370 - 1300 ... in the middle way ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold (W).png Size: 55 KB
Click to Enlarge Name: Gold (D).png Size: 62 KB
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #43,126
  • Aug 27, 2017 8:44pm Aug 27, 2017 8:44pm
I have sells from 1988 to 1980 .

Any review for today.
  • #43,127
  • Aug 27, 2017 9:14pm Aug 27, 2017 9:14pm
Attached Image (click to enlarge)
Click to Enlarge Name: CLASSIC R TURN INTO S.JPG Size: 189 KB


From my point of view, gold will move to around 1300.xx (previous D1 high), or even will break it, maybe in the next couple days or next week
time and patient is your strongest allies
  • #43,128
  • Aug 27, 2017 10:46pm Aug 27, 2017 10:46pm
Quoting Nisda_
I have sells from 1988 to 1980 . Any review for today.
Gold ever touched 1988??
Ngono yo ngono, neng ojo ngono - Unknown
  • #43,129
  • Aug 27, 2017 10:54pm Aug 27, 2017 10:54pm
Gold will retest 1300 today. My long 1290 SL 1286 tp 1307
  • #43,130
  • Aug 27, 2017 11:50pm Aug 27, 2017 11:50pm
Short gold. Sl 1296
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Click to Enlarge Name: Screenshot_20170828-114159.jpg Size: 265 KB
  • #43,131
  • Aug 28, 2017 12:18am Aug 28, 2017 12:18am
Quoting goldgirl
Gold will retest 1300 today. My long 1290 SL 1286 tp 1307
Great but imho sl @ 1284.....☺
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -789
  • #43,132
  • Aug 28, 2017 12:41am Aug 28, 2017 12:41am
Inserted Video
  • #43,133
  • Aug 28, 2017 6:53am Aug 28, 2017 6:53am
Hmmm here is come last hardel...1304...then boom
If fail then retrace 1294x...
Imho......
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -789
  • #43,134
  • Aug 28, 2017 7:14am Aug 28, 2017 7:14am
Quoting mohsinali
Hmmm here is come last hardel...1304...then boom If fail then retrace 1294x... Imho......
Banks uk holiday, I think the market is not strong enough to break the barrier
  • #43,135
  • Aug 28, 2017 7:29am Aug 28, 2017 7:29am
Well volume so far today with GCZ17 is very typical if not actually a little above average.
  • #43,136
  • Aug 28, 2017 7:54am Aug 28, 2017 7:54am
Quoting 20pip
{quote} Banks uk holiday, I think the market is not strong enough to break the barrier
Dear it's on NY time.....
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -789
  • #43,137
  • Aug 28, 2017 9:03am Aug 28, 2017 9:03am
low volume but looks like it's gonna retest 1300 + today
  • #43,138
  • Aug 28, 2017 9:13am Aug 28, 2017 9:13am
ssed my TP on 1299.94. should i close?
  • #43,139
  • Aug 28, 2017 9:40am Aug 28, 2017 9:40am
Quoting andrern2000
ssed my TP on 1299.94. should i close?
Take profit dear....
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -789
  • #43,140
  • Aug 28, 2017 9:53am Aug 28, 2017 9:53am
Quoting mohsinali
{quote} Great but imho sl @ 1284.....☺
Look like it will only reach 1307 by tomorrow Asian session. However, today before closing may test 1300.

Oh yes... I shall take profit now and wait for retracement.
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