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

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

#44,401
Nov 8, 2017 8:56am Nov 8, 2017 8:56am

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting Visionary

Disliked

{quote} Well i did warn those selling once we trading over 1280.xx lets Fix over 1283.xx Buy scalp form at 1277.xx against 1273.xx Risk and and 1274.xx hold nicely. Waiting on 1283.xx Fix or not

Ignored

if we fix over 1283.xx then Mid Term flip is in play. Against 1260.xx Risk for bigger hands with buying the dips against 1274.xx

First Target 1295.xx

So look out for short cover after the fix now within the bigger picture

#44,402
Nov 8, 2017 9:06am Nov 8, 2017 9:06am

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting RondaRousey

Disliked

{quote} They fix a horse race They fix a car race They fix a boxing match They fix a soccer match They fix GOLD Gold is manipulated by London Bank fixes. They suppress the price of GOLD. Otherwise GOLD would be over $10,000. So far this month not much action in gold. So fish where the fish are swimming like this: https://www.youtube.com/watch?v=PVhhLxSgflU You little rippa

Ignored

I like the part about Fixing Gold. Although you still a trouble maker and trash talker and like to pull others legs in my books.

#44,403
Nov 8, 2017 9:13am Nov 8, 2017 9:13am

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting MoneyZilla

Disliked

{quote} Jesus, this changed so fast. Now there is a buy at around 1278.

Ignored

Yes you saw it, it was at 1277.xx for me. Bears will try to attack Short Term Mid as we move along.

#44,404
Edited 9:43am Nov 8, 2017 9:15am | Edited 9:43am

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting manize

Disliked

{quote} Hoping go down now, looking for 5 points (1280). Fib 50 1306.2 - 1263.69

Ignored

38.2 would be the ideal Alpha cover point base on those fib range. PA at 1288.xx

WARNING Buying the dips against 1271.xx is the route at the moment going forward. For those who are chartist a nice V at support. Plus Fix is over 1283.xx

#44,405
Nov 8, 2017 10:15am Nov 8, 2017 10:15am

PayTheLimit
Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts

if we clear 1285/6 in gold, my next R is 1301...

silver resistance I see at 1733/4 and 1740, I'll have to chart these things a while, get a feel for them...seems like they have some decent levels though...

Can you get away using a dollar stop in gold I wonder? Seems a little tight.

Ps...that 1733/4 is a beauty in silver...

Look Sharp/Trade Tight

#44,406
Nov 8, 2017 10:38am Nov 8, 2017 10:38am

manize
| Joined Dec 2007 | Status: Trader | 3,220 Posts

Quoting Visionary

Disliked

{quote} 38.2 would be the ideal Alpha cover point base on those fib range. PA at 1288.xx WARNING Buying the dips against 1271.xx is the route at the moment going forward. For those who are chartist a nice V at support. Plus Fix is over 1283.xx

Ignored

OK brother, I already closed my short on 1 poin, consider your suggestion. Buy the dip using bolinger band(20) on M5.

I only trade XAU/USD. Based on USD news & Fib SR & BB20

#44,407
Nov 8, 2017 10:44am Nov 8, 2017 10:44am

jorgen.fx
Joined Mar 2014 | Status: Trader | 389 Posts

Well, Im short 1286 with sell limit 1290. If it goes higher than that I have to...improvise

Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.

#44,408
Nov 8, 2017 10:44am Nov 8, 2017 10:44am

DaniP
| Joined Aug 2015 | Status: Learning with the life | 250 Posts

Quoting Trdgemperor

Disliked

{quote} Hey there DaniP, just join in. I'm also quite new here. Let's learn together

Ignored

Hi man.. tks.. Let's go up!

Best Regards! DaniP.

#44,409
Nov 8, 2017 10:47am Nov 8, 2017 10:47am

Sixer
Joined Nov 2008 | Status: Trader | 1,757 Posts

PTL,

your mentioned prive target is correct if you assume c = a.
If the move started at 1266 is an impulse than it is too conservative.

Sixer

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#44,410
Edited 2:28pm Nov 8, 2017 11:17am | Edited 2:28pm

atom3
| Joined Apr 2014 | Status: Trader | 399 Posts

On 1h and 4h I see that gold is overbought, on 1d there is room for more movement up, so I opened 2 small shorts now at 17.20 on silver and target 17$, but ultimately I am looking for a good buying price like the 1255-60 region on gold or 16.5 silver to load big long positions

#44,411
Nov 8, 2017 11:26am Nov 8, 2017 11:26am

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting Visionary

Disliked

{quote} 38.2 would be the ideal Alpha cover point base on those fib range. PA at 1288.xx WARNING Buying the dips against 1271.xx is the route at the moment going forward. For those who are chartist a nice V at support. Plus Fix is over 1283.xx

Ignored

Scalp at 1286.xx risk 1287.xx possible 1281.xx retest anyone taking it?

Quoting manize

Disliked

{quote} OK brother, I already closed my short on 1 poin, consider your suggestion. Buy the dip using bolinger band(20) on M5.

Ignored

Yes 1288.x was a idea place to gauge a sell it got to 1287.xx, but the bigger picture is buying dips against 1271.xx and current Short Term flip 1276.xx

Quoting jorgen.fx

Disliked

Well, Im short 1286 with sell limit 1290. If it goes higher than that I have to...improvise

Ignored

Yes 1286.xx has a scalp forming at the moment not yet confirm, but i can see it. But i am interested in buying dips

#44,412
Nov 8, 2017 11:45am Nov 8, 2017 11:45am

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting Sixer

Disliked

PTL, your mentioned prive target is correct if you assume c = a. If the move started at 1266 is an impulse than it is too conservative. Sixer {image}

Ignored

You got 1309.xx correct it's currently the 3 month Long Term (50) BEARS defense which suit my trading and others (you know who) xxxx xxxxxxx settlement ended yesterday. When will the next one end?

Added more orders for tomorrow let see if some of them get fill.

#44,413
Nov 8, 2017 12:14pm Nov 8, 2017 12:14pm

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting Visionary

Disliked

{quote} Scalp at 1286.xx risk 1287.xx possible 1281.xx retest anyone taking it? {quote} Yes 1288.x was a idea place to gauge a sell it got to 1287.xx, but the bigger picture is buying dips against 1271.xx and current Short Term flip 1276.xx {quote} Yes 1286.xx has a scalp forming at the moment not yet confirm, but i can see it. But i am interested in buying dips

Ignored

Scalp at 1286.xx risk 1287.xx possible 1281.xx retest anyone taking it?

Yesterday 50 is at 1278.xx so we can maybe see a spike to there as well.

#44,414
Nov 8, 2017 12:40pm Nov 8, 2017 12:40pm

james1254
| Joined Sep 2015 | Status: Trader | 1,232 Posts

Gold finally broke out above $1,280 and could rally to $1,300. I just opened a long position.

#44,415
Edited 1:13pm Nov 8, 2017 12:56pm | Edited 1:13pm

Visionary
Joined Feb 2017 | Status: Trader | 866 Posts

Quoting Visionary

Disliked

{quote} Scalp at 1286.xx risk 1287.xx possible 1281.xx retest anyone taking it? Yesterday 50 is at 1278.xx so we can maybe see a spike to there as well.

Ignored

Scalp confirm for sellers target is at 1279.xx for now, i will set one of my buys order at 1280.xx

#44,416
Nov 8, 2017 1:39pm Nov 8, 2017 1:39pm

atom3
| Joined Apr 2014 | Status: Trader | 399 Posts

Quoting atom3

Disliked

On 1h and 4h I see that gold if overbought, on 1d there is room for more movement up, so I opened 2 small shorts now at 17.20 on silver and target 17$, but ultimately I am looking for a good buying price like the 1255-60 region on gold or 16.5 silver to load big long positions

Ignored

I am getting close to my TP and I see potential for more downward movement on 1 and 4 hour charts but probably tomorrow

#44,417
Nov 8, 2017 3:07pm Nov 8, 2017 3:07pm

sepramfx
Joined Aug 2011 | Status: Trader | 571 Posts

Here is my short entry again I have my trailing stop in place as usual my TP = 1272.22 but if price should close below 1280.xx then, the bearish force will likely move down to 1270. But then only price and time can be the judge. Lets watch and see.
Golden pips to you all.

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