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

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

#50,481
Jul 3, 2019 7:20am Jul 3, 2019 7:20am

pundit78
Joined Jan 2013 | Status: Trader | 1,630 Posts

Quoting montygoldy

Disliked

I have built 3 lots worth of longs from 1416-1433 tp: 1440+... very risky.... lets hope for the best.... but also prepared for the worst...

Ignored

I am also at risky position.

#50,482
Jul 3, 2019 7:20am Jul 3, 2019 7:20am

shazjr
Joined May 2010 | Status: Trader | 7 Posts

I’m looking for 1395.. Interesting pattern

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#50,483
Jul 3, 2019 9:10am Jul 3, 2019 9:10am

montygoldy
Joined May 2017 | Status: Intermediate Trader | 6,412 Posts

phew.... nearly saved it was about to hit my sl 1411...

Extreme gut feeling trader

#50,484
Jul 3, 2019 9:12am Jul 3, 2019 9:12am

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

Quoting MzansiObi

Disliked

Break of 1423 will open up further downside..... First target will be 1418.....then 1410..... Trailing all shorts aggressively

Ignored

The news bad for USD, ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI maybe goes up ..... and it's started now ... up to where ?

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

#50,485
Jul 3, 2019 9:32am Jul 3, 2019 9:32am

MzansiObi
Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts

Quoting manize

Disliked

{quote} The news bad for USD, ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI maybe goes up ..... and it's started now ... up to where ?

Ignored

Yeah true but what's also good to see is how price has come on and bounced on the 1hour buy zone.......

I'm on the road today so limited posts till this evening

But good to see we on the money

4&1 All Time Profit: $37,496

#50,486
Jul 3, 2019 10:04am Jul 3, 2019 10:04am

camvcvoo
Joined Nov 2006 | Status: Trader | 678 Posts

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Ã§Â¦Â Ã¥ÂÂ Victor V

#50,487
Jul 3, 2019 10:09am Jul 3, 2019 10:09am

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

Quoting pundit78

Disliked

{quote} I am also at risky position.

Ignored

Me too ....

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

#50,488
Jul 3, 2019 10:39am Jul 3, 2019 10:39am

bulltrap
Joined Aug 2017 | Status: Patient | 371 Posts

Quoting EventsTrader

Disliked

{quote} I wouldn't expect any major moves in gold. It's not data that can trigger any large moves outside the US dollar. I was surprised to see the lack of gold price movement on ADP's data. If anybody is interested, I posted the preview here: https://www.metalsmine.com/showthrea...7#post12362227

Ignored

There was a decent reaction at the release time but price trended lower leading up to it as well as afterwards. All things considered gold didn't seem to care much about the release outside a bit of a speed bump if someone was scalping - good call on that.

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careful not to step in a pile of it

#50,489
Jul 3, 2019 11:02am Jul 3, 2019 11:02am

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

Quoting bulltrap

Disliked

{quote} There was a decent reaction at the release time but price trended lower leading up to it as well as afterwards. All things considered gold didn't seem to care much about the release outside a bit of a speed bump if someone was scalping - good call on that. {image}

Ignored

Thank you for Events Trader's thread link ...

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

#50,490
Jul 3, 2019 12:10pm Jul 3, 2019 12:10pm

EF5
Joined Oct 2013 | Status: Trader | 872 Posts

Normally I'll stick to commenting on gold or silver, but you guys might be interested to know the S&P futures just broke 3,000!!!

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Self-sufficiency is the greatest of all wealth. - Epicurus

#50,491
Jul 3, 2019 12:29pm Jul 3, 2019 12:29pm

Marcieny
Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts

Quoting Ef5

Disliked

Normally I'll stick to commenting on gold or silver, but you guys might be interested to know the S&P futures just broke 3,000!!! {image}

Ignored

index rises dollar falls ... dollar expensive is bad for the US, Maybe I'm wrong.

#50,492
Jul 3, 2019 12:33pm Jul 3, 2019 12:33pm

bulltrap
Joined Aug 2017 | Status: Patient | 371 Posts

Quoting manize

Disliked

{quote} Thank you for Events Trader's thread link ...

Ignored

No problem. Looking back at it I think it would have helped trade the data.

careful not to step in a pile of it

#50,493
Jul 3, 2019 2:06pm Jul 3, 2019 2:06pm

auricforecas
Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts

Market is still in somewhat stall.. still uncertain about the trend it should go... Many were surprised of USD gaining this week... they still have trouble believing this..
I think that by the end of next week we should have almost locked confirmation till a little more than summer.. let's say... till 10th of OCTOBER 2019.. that is
USD getting stronger by the day, not by much, but just enough to make a good, smooth, trend... almost perfect for trading or as I say "shaving profits of the trend"...
This is what it seems to me at least... according to my prediction model. But of course, market could change instantly.. without warning even if all the indicators are saying something completely opposite.. That is specially true if the BIG(est) players intervene... Central Banks etc... Hence.. waiting is for the week.... then I would be BOLD to make a permanent trend move/set for the (rest of) summer of 2019.

Can you afford to take that chance?