XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2266 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD, Silver/USD

Similar Threads

Gold futures & XAU 78 replies

GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies

Daytrade - XAU/USD & XAG/USD 14 replies

XAU/JPY & XAG/JPY 13 replies

Successful XAU/USD traders 7 replies

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

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

  • #45,301
  • Jan 16, 2018 1:28pm Jan 16, 2018 1:28pm
Quoting MoneyZilla
On the upside, Gold just opened the door for this week's HL of 1331 (low) to somewhere around or over 1361 (high). Option A. If it is going to be a sell week, the HL should be around 1342 (high) and 1312 (low). Option B. It is likely these values not to match at all, but only as indication I mention them. I am an Option A fan...
from what i check based on US index and several datas, Gold should be 1362 by now. Near from what you are seeing Zilla. So the current price is undervalued. For those that still haven't entered yet, this is going to be a good chance actually.
  • #45,302
  • Jan 16, 2018 1:45pm Jan 16, 2018 1:45pm
Price is where it should be - at any one particular moment in time. No such thing as under/over-valued. Otherwise it would be there already.
  • #45,303
  • Jan 16, 2018 11:59pm Jan 16, 2018 11:59pm
Inserted Video
  • #45,304
  • Jan 17, 2018 6:34am Jan 17, 2018 6:34am
Quoting chee-neechee
{quote} is it change of trend or correction?
It is a price correction
  • #45,305
  • Jan 17, 2018 6:35am Jan 17, 2018 6:35am
Quoting goldgirl
{quote} It is a price correction
thx!
at what level should we expect change of trend?
  • #45,306
  • Jan 17, 2018 7:15am Jan 17, 2018 7:15am
Quoting chee-neechee
{quote} thx! at what level should we expect change of trend?
Am I the only NICE GUY here? Trend will change at 1398.73.
Maadik Hugiis. IQ 69.
  • #45,307
  • Jan 17, 2018 10:07am Jan 17, 2018 10:07am
Quoting MoneyZilla
{quote} Am I the only NICE GUY here? Trend will change at 1398.73.
How did you decide that we will reach 1398 on the current trend, because 1371 will be a monolith resistance as well, I don't know, I am bullish as well, currently looking for a good price to jump on Silver, but is a bit too optimistic to target 1398 on current trend it seems to me.
  • #45,308
  • Jan 17, 2018 10:14am Jan 17, 2018 10:14am
Actually I opened a small long now at 17.10$ and will be adding to it if we continue to go lower, just in case this thing goes up before I manage to jump in... I am still angry I closed my buy limits last week... they were at 16.80$ pffff
  • #45,309
  • Jan 17, 2018 10:15am Jan 17, 2018 10:15am
Quoting atom3
{quote} How did you decide that we will reach 1398 on the current trend, because 1371 will be a monolith resistance as well, I don't know...
I do not know either. To a dumb question I deliver same quality answer...
Maadik Hugiis. IQ 69.
  • #45,310
  • Jan 17, 2018 10:27am Jan 17, 2018 10:27am
Quoting MoneyZilla
{quote} I do not know either. To a dumb question I deliver same quality answer...
I failed to spot the sarcasm in time, probably my bullishness is diluting my perceptions... Need to address that.
  • #45,311
  • Jan 17, 2018 10:38am Jan 17, 2018 10:38am
Quoting atom3
{quote} I failed to spot the sarcasm in time, probably my bullishness is diluting my perceptions... Need to address that.
Even if we reach "just" 1371....that's $30 for picking.....that's a lot!
  • #45,312
  • Jan 17, 2018 10:41am Jan 17, 2018 10:41am
hm... seems like gold going down even though USD stuck in the same level. Is this a selling? Anyone here with info?
  • #45,313
  • Jan 17, 2018 10:49am Jan 17, 2018 10:49am
Well if we are in fact changing trend, then on the other side is waiting 1253-4 I guess and for Silver 15.80$. The daily chart is still overbought but thats the technical stuff, fundamentals I don't know about them.
  • #45,314
  • Jan 17, 2018 10:58am Jan 17, 2018 10:58am
The fact that price action on GOLD is southward atm does not mean a trend change is imminent. The price action is around a significant S/R zone and we should expect some struggle, e.g. a retracement or sideways operation.

Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #45,315
  • Jan 17, 2018 11:40am Jan 17, 2018 11:40am
I decided to close my long position on Silver, there is a spectacular hanging man candlestick on the daily time-frame at 17.35 that is a signal for a new move to the downside.
  • #45,316
  • Jan 17, 2018 11:47am Jan 17, 2018 11:47am
Candle patterns need confirmation/trigger to have any kind of worthwhile predictive value.
  • #45,317
  • Jan 17, 2018 11:52am Jan 17, 2018 11:52am
Quoting atom3
Well if we are in fact changing trend, then on the other side is waiting 1253-4 I guess and for Silver 15.80$. The daily chart is still overbought but thats the technical stuff, fundamentals I don't know about them.
should be still bullish. Just the fact a sudden down will make me pain a lot. from us index, actually no reason to go down to this level. Well, i don't have data though.
it it just a technical move i think, we shall see upside soon as long us index going down.
  • #45,318
  • Jan 17, 2018 5:27pm Jan 17, 2018 5:27pm
Quoting chee-neechee
{quote} thx! at what level should we expect change of trend?
Below 1300.
  • #45,319
  • Jan 17, 2018 5:31pm Jan 17, 2018 5:31pm
Quoting goldgirl
Short 1342 sl 1347 tp 1329 1328
Reverse long now at 1328. Sl 1323 tp1 1342 tp2 1356
  • #45,320
  • Edited 6:39pm Jan 17, 2018 5:39pm | Edited 6:39pm
Start selling slightly and slowly )
91 traders viewing now