XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2611 | Metals Mine

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

  • #52,201
  • Aug 24, 2019 7:33am Aug 24, 2019 7:33am
Was averaging up since last 2 week. Swap was a pain in the neck. Was fighting a 4% drawdown. My broker was oanada and they do provide hedge but not for mobile trade.
Luckily it didn't took that long. I still stick to bull for long term..it seem the economy is still going down. Bear for fast and short scalp.
  • #52,202
  • Aug 24, 2019 9:59am Aug 24, 2019 9:59am
Quoting jinsen
Was averaging up since last 2 week. Swap was a pain in the neck. Was fighting a 4% drawdown. My broker was oanada and they do provide hedge but not for mobile trade. Luckily it didn't took that long. I still stick to bull for long term..it seem the economy is still going down. Bear for fast and short scalp.
Yeah in the long term I agree with you. Daily chart seems to be pushing higher and higher whenever price reversed back towards the mean..... The intra day noise is also good provided here's volatility. Auri mentioned an interest in a return to normalcy where we aren't stuck in the rand we were stuck in this past week. Hopefully we have some of his leading into the last week of the month
4&1 All Time Profit: $37,496
  • #52,203
  • Aug 24, 2019 11:23am Aug 24, 2019 11:23am
may get to the top or even new top 1537 or 3rd target 1600 but will wait for correction towards 1452 ( initial signal 1522.57 / confirmation 1507.57+ H4 tf playing with master bear insider candle ))as just signal for test 1366 limit or confirmation level. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #52,204
  • Aug 24, 2019 12:17pm Aug 24, 2019 12:17pm
Quoting farukh
lets see where it will open after this Donald J. Trump The $250 billion of goods from China taxed at 25%, will be taxed at 30% For many years China (and many other countries) has been taking advantage of the United States on Trade, Intellectual Property Theft, and much more. Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year to China, with no end in sight....
Maybe Trump is doing those things because he wants to pump up the gold that he also loves so much?
Can you afford to take that chance?
  • #52,205
  • Aug 24, 2019 12:46pm Aug 24, 2019 12:46pm
XAGUSD (silver) H4 and Daily

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KISS&V :Keep it simple safe & visual
  • #52,206
  • Aug 24, 2019 1:01pm Aug 24, 2019 1:01pm
Quoting auricforecas
{quote} Maybe Trump is doing those things because he wants to pump up the gold that he also loves so much?
Lol
P.S. Trade with the discipline of Money Management and Risk Management.
  • #52,207
  • Aug 24, 2019 1:07pm Aug 24, 2019 1:07pm
Quoting LittleMonkee
I think there will be a correction after reaching 1530 to 1511-1515. But given the new Trump's tweet, I wonder how deep the correction will be. Perhaps not that too low.. Perhaps just around 1518 before it re-test again R1530??? Next week will be interesting to see..
Lot of unspoken fear about the US CHINA trade conflict has become explicit on Friday, Plus BREXIT, GERMANY GDP problems, ITALY's politics, Hong Kong's ..
I dont think gold even retrace next week, it will straightaway go into 1550 territory.
  • #52,208
  • Aug 25, 2019 5:25am Aug 25, 2019 5:25am
Hope everyone is enjoying the weekend.

Last week of the month....
Following PA and the Politics of the day, will look to resume Buying dips and selling Highs from specific levels as per PA on weekly and Intra day basis.

Will look towards market Open and Also London Open to place some limit orders.....
Have posted some levels and weekly analysis over here...

https://www.metalsmine.com/showthrea...9#post12462639

Green pips to everyone here ahead of the week.

Trade safe
4&1 All Time Profit: $37,496
  • #52,209
  • Aug 25, 2019 5:52am Aug 25, 2019 5:52am
Any idea gold on Monday opening?
  • #52,210
  • Aug 25, 2019 5:55am Aug 25, 2019 5:55am
Quoting Nanotech
Any idea gold on Monday opening?
i see charts above with peoples ideas can you read a chart
people leave, but this thread will go on for ever
  • #52,211
  • Aug 25, 2019 6:13am Aug 25, 2019 6:13am
Quoting Aussi
{quote} i see charts above with peoples ideas can you read a chart
Hi Aussi

If it possible to give some idea about Gold ?
  • #52,212
  • Aug 25, 2019 6:38am Aug 25, 2019 6:38am
Quoting Nanotech
{quote} Hi Aussi If it possible to give some idea about Gold ?
Waiting Aussi
  • #52,213
  • Aug 25, 2019 6:39am Aug 25, 2019 6:39am
Quoting Nanotech
{quote} Hi Aussi If it possible to give some idea about Gold ?
mate monday on open , could go either way with news after close i recon is going to be difficult , it could go up or down with the news from trump and china , i would think a gap is going to happen so if a big gap buy to close the gap which ever way its going to open others on this thread as a better idea than me , open is the key
people leave, but this thread will go on for ever
  • #52,214
  • Aug 25, 2019 6:41am Aug 25, 2019 6:41am
Quoting laudenny
{quote} Waiting Aussi
well i gave my opinion mate but i have been wrong once before
people leave, but this thread will go on for ever
  • #52,215
  • Aug 25, 2019 6:49am Aug 25, 2019 6:49am
Quoting MzansiObi
Hope everyone is enjoying the weekend. Last week of the month.... Following PA and the Politics of the day, will look to resume Buying dips and selling Highs from specific levels as per PA on weekly and Intra day basis. Will look towards market Open and Also London Open to place some limit orders..... Have posted some levels and weekly analysis over here... https://www.metalsmine.com/showthrea...9#post12462639 Green pips to everyone here ahead of the week. Trade safe
Hi Mzansi

Any idea about Gold on Monday opening?
  • #52,216
  • Aug 25, 2019 6:51am Aug 25, 2019 6:51am
Quoting Nanotech
{quote} Hi Mzansi Any idea about Gold on Monday opening?
people leave, but this thread will go on for ever
  • #52,217
  • Aug 25, 2019 7:09am Aug 25, 2019 7:09am
Quoting tush1822
{quote} Lot of unspoken fear about the US CHINA trade conflict has become explicit on Friday, Plus BREXIT, GERMANY GDP problems, ITALY's politics, Hong Kong's .. I dont think gold even retrace next week, it will straightaway go into 1550 territory.
Right, that is very possible. Yes, it's quite bit something isn't it? There must be a big gap again on Monday's opening. Gold's move can be really extraordinary. We'll see. I wonder how the big banks play with this. Perhaps, high low will be huge like never before???? We'll see..
  • #52,218
  • Aug 25, 2019 7:12am Aug 25, 2019 7:12am
Quoting MzansiObi
Hope everyone is enjoying the weekend. Last week of the month.... Following PA and the Politics of the day, will look to resume Buying dips and selling Highs from specific levels as per PA on weekly and Intra day basis. Will look towards market Open and Also London Open to place some limit orders..... Have posted some levels and weekly analysis over here... https://www.metalsmine.com/showthrea...9#post12462639 Green pips to everyone here ahead of the week. Trade safe
Hi MzansiObi, do you reckon London session the bear will in action as happened last week I noticed?? Or different this time?
  • #52,219
  • Aug 25, 2019 7:14am Aug 25, 2019 7:14am
Just to add to our knowledge, UK is off on Monday so expect low liquidity than normal in almost all the markets. But, then again due to news to volume will be of course more than normal but liquidity might be low.
  • #52,220
  • Aug 25, 2019 7:37am Aug 25, 2019 7:37am
Quoting Aussi
{quote} mate monday on open , could go either way with news after close i recon is going to be difficult , it could go up or down with the news from trump and china , i would think a gap is going to happen so if a big gap buy to close the gap which ever way its going to open others on this thread as a better idea than me , open is the key

Hi Aussi

Thank you for your views.

USA has increased tariff by 5% after close of gold market. so can we expect market will open with upward movement on Monday?

am i correct?
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