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

Awesome trade! Great job

Missed the thread before... can see in sister thread... my live feed of the "test trade" at "new" broker of mine...
Posted a TE... for you to see maybe price move vs %... Will now see what it costs me in the whoule picture or what is the yield of
PRICE CHANGE (at lev, exposure, etc...) to PROFITs (ready to be withdrawn)..

Also for USD... as I mentioned... I expect USD to level (closer) to this weeks open prices (with slight/slow slope of course by the end of the week).. therefore to lose some steam... to level somewhat.. from there on..I would be betting on stronger usd by the day, slowly.. without much surprises (hopefully)...

Not sure I will be playing with 200:1.. did so for this first trade/signal that I posted here in metalsmine (see link to above thread)... just to see what comes OUT..
to get some GRASP... 200:1 would be kinda hard but seems interesting... depends on the moves, volatility, spikes (drama) etc...

And as I was promising for some time, LIVE dedicated XAUEUR... as TE... here... picked the wrong week for that... used xaueus now, just to test this new broker...
will then test further... after which I might open, after this weeks passes.. the dedicated XAUEUR.. that is surprisingly available, tradeable and connectable to TE, it seems

Stay tuned, should all goes well... might be back soon

BTW
And yeah, I am aware of massively underharvest this trade/signal.. but at 200:1... wasn't sure about playing too long price went opposite already, before it went where it "should go" atm

Calling it a day.
Hope we all managed to bag and bank some pips. The setups and tell tale signs where there....let's see what Asia does.

Green pips to you all.


Edit: Retest of that 1535 handle likely now....

Gold

Happy Wednesday guys

H1 bullish...Buy Zone:1539.51- 1535.29
h4 bullish...Buy Zone:1530.48 - 1521.19
D1 bullish...Buy Zone:1508.53 - 1478.52


Upside Levels
1569.78
1557.17
1549.73

Downside Levels
1541.5
1538.24
1532.46
1526.67

explanation of the levels is on the other thread...happy trading er body

Gold finger... Good morning ya'll

Lol you just had to go to the Game of Thrones reference didn't you ....lol

Good Morning, morning trade on gold.

Divergence everywhere and MzansiObi levels of course, easy 40 pips.

Price is below 1537. If it shows rejection from this level then it may go down till 1524 first target

You are right, this may happen, closed long with little profit.

yeah but looking good correction down at this top .watching same levels as 1522/01 reaction before 1474/1453 limit try

ok but no , where is my limit retest 1032? no big bull rather enough to tank great next anyway!test 1600 possible though with usdx crazy action !!

If we remain below 1554/5 I'd say bears may just have a good day. Fontu I'm with you, I'd like to see 1522 first......

Not sure what big news for a decent retracement. Probably mid September for fomc to achieve a technical sound retracement. In the mean time, no one is letting go of long. Everyone is holding and buying any short retracement...

Ok but no! If you are trading gold based in usdx you are doing something wrong.

short 1541.45

reversed to long at 1538.70

Levels and technicals again played well.

It may be risky.

Thanks for these charts. Excellent visuals. Appreciate the MzansiObi levels in there also.