XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2452 | Metals Mine

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

  • #49,021
  • May 23, 2019 10:22am May 23, 2019 10:22am
Quoting jessica78
gold but long time isee bull flag {image}
As per my analysis, gold has not made it's lowest as yet. Today's upward movement is due to trend line since Aug 18.
It may come down again till 1232-1250 range before going long. This will be invalid if 1303-1310 resistance level is broken.

Trade safe!
P.S. Trade with the discipline of Money Management and Risk Management.
  • #49,022
  • May 23, 2019 2:05pm May 23, 2019 2:05pm
Quoting RegisMexes
{quote} I won't want to buy near/at the high of the day...but that's just me. I think it will settle around 1280 and those who wish can go long from there. Just my two cents.
Likelihood I'm wrong.
If you want in on my experimental EA, PM me.
  • #49,023
  • May 23, 2019 3:40pm May 23, 2019 3:40pm
Quoting farukh
{quote} Me too from Karachi.
And me from Rahim yar Khan bro..
  • #49,024
  • May 23, 2019 3:45pm May 23, 2019 3:45pm
Quoting RegisMexes
{quote} I won't want to buy near/at the high of the day...but that's just me. I think it will settle around 1280 and those who wish can go long from there. Just my two cents.
may be 1280 is a good buy ..
  • #49,025
  • May 23, 2019 3:48pm May 23, 2019 3:48pm
Quoting mrzee90
this have been discuss before..its repeat with same way.. {image} {image}
annoying trade for me next time i will close my screen .....no lose no profit for me ....
Always with a Road Not Taken
  • #49,026
  • May 23, 2019 4:27pm May 23, 2019 4:27pm
Quoting Aashish333
{quote} may be 1280 is a good buy ..
Inserted Video
If you want in on my experimental EA, PM me.
  • #49,027
  • May 23, 2019 4:45pm May 23, 2019 4:45pm
Quoting riclater211
{quote} 1268.00 area has been hit 3 times indicating support. This area has not been hit since late December 2018. Strong support. It also happens to be near a major trend line that started in mid August of 2018. Really strong support. - Ric {image}
Price shot up right through my trade box. +500 banked on Gold. Now I have wait for price to break out passed 1268.00 or 1304.00.

We shall see.

- Ric
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 05232019.png Size: 97 KB
Be humble or get humbled
  • #49,028
  • May 23, 2019 6:29pm May 23, 2019 6:29pm
Quoting Apnaryk
{quote} And me from Rahim yar Khan bro..
good to see fellow traders from Pakistan as you know we hardly find
P.S. Trade with the discipline of Money Management and Risk Management.
  • #49,029
  • May 23, 2019 6:34pm May 23, 2019 6:34pm
Quoting Fomy
{quote} annoying trade for me next time i will close my screen .....no lose no profit for me ....
Don't be frustrated bro.. its always good having no profit no loss rather than loss and opportunity always come again.

Be patient for good entry and don't be greedy for exit. Soon you start making money.
P.S. Trade with the discipline of Money Management and Risk Management.
  • #49,030
  • May 23, 2019 7:29pm May 23, 2019 7:29pm
Quoting riclater211
{quote} 1268.00 area has been hit 3 times indicating support. This area has not been hit since late December 2018. Strong support. It also happens to be near a major trend line that started in mid August of 2018. Really strong support. - Ric {image}
I understand where support is and isn't but you said this was crushing price. Support supports price, it doesn't crush it.
  • #49,031
  • Edited 8:32pm May 23, 2019 7:54pm | Edited 8:32pm
Sets the tone for next bullish move on Gold: https://markets.businessinsider.com/...9-5-1028225480

Gold may reach as high as 1440 this year end or maybe after that...
Markets are Irrational
  • #49,032
  • May 23, 2019 10:19pm May 23, 2019 10:19pm
Quoting farukh
{quote} Don't be frustrated bro.. its always good having no profit no loss rather than loss and opportunity always come again. Be patient for good entry and don't be greedy for exit. Soon you start making money.
thanks for kind words and advise will follow them
Always with a Road Not Taken
  • #49,033
  • May 23, 2019 11:37pm May 23, 2019 11:37pm
Quoting RegisMexes
{quote} https://www.youtube.com/watch?v=xijzsyr_lrM
haha
  • #49,034
  • May 24, 2019 2:09am May 24, 2019 2:09am
Quoting SunTrader
{quote} I understand where support is and isn't but you said this was crushing price. Support supports price, it doesn't crush it.
Yes, I know that. However, price is also in a down trend. So heavy support + down trend = price getting crushed, squeezed , smashed or any other word that means the same thing.

- Ric
Be humble or get humbled
  • #49,035
  • May 24, 2019 3:05am May 24, 2019 3:05am
making profit with small risk setup..waiting price reaction for sell setup
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM30.png Size: 16 KB
Beat the enemy plan before its made
  • #49,036
  • May 24, 2019 9:55am May 24, 2019 9:55am
Test & break or test & return ...
Price at flip zone ... im more on test & break

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 40 KB
  • #49,037
  • May 24, 2019 10:51am May 24, 2019 10:51am
is gold going down. ??
  • #49,038
  • May 24, 2019 10:57am May 24, 2019 10:57am
Admittedly old (4 weeks), but nevertheless, one more thrust to the downside.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 238 KB
  • #49,039
  • May 24, 2019 11:22am May 24, 2019 11:22am
Quoting riclater211
{quote} Yes, I know that. However, price is also in a down trend. So heavy support + down trend = price getting crushed, squeezed , smashed or any other word that means the same thing. - Ric
More clearer would be to say the range is getting crushed - although it isn't. Look at ATR(14). It has been rising last 2 weeks.
  • #49,040
  • May 24, 2019 12:28pm May 24, 2019 12:28pm
GOLD is going up to test 1292 level. If we see consolidation there, I think we will have a strong bullish trend.

*Adding to that we may get some re-tests to 1278<->1280 area before shooting up to 1292.
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