XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2367 | Metals Mine

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

  • #47,321
  • Aug 15, 2018 12:51pm Aug 15, 2018 12:51pm
Silver is still very bearish, next target is likely at 14.00.
  • #47,322
  • Aug 15, 2018 1:17pm Aug 15, 2018 1:17pm
ooooh I don't see much serious support till 1120-1130 area. Though I've been wrong before.
  • #47,323
  • Aug 15, 2018 2:29pm Aug 15, 2018 2:29pm
gold
monthly:fibo61.8%==1171.98
sl:1170
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  • #47,324
  • Aug 15, 2018 2:58pm Aug 15, 2018 2:58pm
It already broke and closed below monthly 61.8% level back in Dec'16:-
Attached Image (click to enlarge)
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  • #47,325
  • Aug 15, 2018 3:08pm Aug 15, 2018 3:08pm
Quoting SunTrader
It already broke and closed below monthly 61.8% level back in Dec'16:- {image}
I personally did not think that this low price would go.
But according to fibi monthly if the price goes below 1171. The events of 2008 are repeated and may move to 1141. But I think that the Target buyers are based on Fibo and can be purchased. Because eur gbp today did not pull down.
  • #47,326
  • Aug 15, 2018 4:40pm Aug 15, 2018 4:40pm
Quoting RondaRousey
{quote} You went long 96 lots at 1293?? I shorted at 1293 what is the current price Mr 96 lots? Sometimes It is better to be different especially against noobs This is my chart: https://www.youtube.com/watch?v=uFhUzAwDEz4 The coq indicator
If you have been going LONG on GOLD in the last 2 months you are a noob. After all, it's noobfactory not moneymakingfactory

Looks like emerging countries like Turkey is selling off gold to boost their currency as well as the strengthening US dollar

If you have been using pivots, fibs etc thank you for your $$$, please come again

You came here for the truth and let me unveil it for you
  • #47,327
  • Aug 15, 2018 7:54pm Aug 15, 2018 7:54pm
1160 that was fun ride
  • #47,328
  • Aug 15, 2018 8:02pm Aug 15, 2018 8:02pm
Like a dog shake all the fleas away
  • #47,329
  • Aug 15, 2018 8:17pm Aug 15, 2018 8:17pm
BUY BUY BUY...Good BUY!
  • #47,330
  • Aug 16, 2018 1:57am Aug 16, 2018 1:57am
Shorted gold at 1175 on the nice retracement we got before London session
Attached Image (click to enlarge)
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  • #47,331
  • Aug 16, 2018 6:40am Aug 16, 2018 6:40am
Best to have a reason (resistance level) besides the fact it was retracing.
  • #47,332
  • Aug 16, 2018 9:27am Aug 16, 2018 9:27am
Going long for a bit and watching for any strange news.
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Trading is not for everyone.
  • #47,333
  • Aug 16, 2018 9:56am Aug 16, 2018 9:56am
Gold has managed a nice rebound last hour back to rising tendency for the time being so watch out there and keep your stops in place, as per usual.
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  • #47,334
  • Aug 16, 2018 10:10am Aug 16, 2018 10:10am
I think the last day of the day was the price of gold, and actually the last week. I bought from 1171 for a long time.
  • #47,335
  • Aug 16, 2018 10:26am Aug 16, 2018 10:26am
More like a nice rebound last 12 hours. All well and good but let's what happens going forward.

Might be able to make it back to 1200 (futures not cash) but doubt it can clear it. Maybe not even clear 1190.
  • #47,336
  • Aug 16, 2018 11:42am Aug 16, 2018 11:42am
Ranging. Closing trade and sleeping
Trading is not for everyone.
  • #47,337
  • Aug 16, 2018 2:34pm Aug 16, 2018 2:34pm
Still in short 1000
  • #47,338
  • Edited Aug 17, 2018 10:04am Aug 16, 2018 10:23pm | Edited Aug 17, 2018 10:04am
gold
buystop@1183
  • #47,339
  • Aug 17, 2018 4:53am Aug 17, 2018 4:53am
looks like range bound between 1160 & 1200 till coming FOMC meeting minutes
P.S. Trade with the discipline of Money Management and Risk Management.
  • #47,340
  • Aug 17, 2018 7:29am Aug 17, 2018 7:29am
Quoting coderr
gold buystop@1283
1183 right?
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