{quote} Get the Gold Detector out Aussi if you wish to get some gold . R
people leave, but this thread will go on for ever
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #54,021
- Dec 18, 2019 5:36pm Dec 18, 2019 5:36pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
- #54,023
- Dec 18, 2019 8:05pm Dec 18, 2019 8:05pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #54,025
- Dec 19, 2019 4:26pm Dec 19, 2019 4:26pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
WISH YOU ALL HAPPY CHRISTMAS AND A VERY HAPPY NEW YEAR. HOPE NEXT YEAR ALL WE WILL BE TOGETHER FOR TRADING GOLD!!!!
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #54,026
- Dec 19, 2019 4:27pm Dec 19, 2019 4:27pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
Just to confirm what I've been harping on all week. There is absolutely no volume in gold (relative to avg trade volume).
I expect very little volatility until after the new year. Check out this week: 
I expect very little volatility until after the new year. Check out this week:
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #54,028
- Edited 6:57pm Dec 19, 2019 4:41pm | Edited 6:57pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
Technically you can get it directly from the CME, but their charting needs improvement.
What contract is that? I saw February has all the volume now, although it still isn't much.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #54,029
- Dec 20, 2019 1:10am Dec 20, 2019 1:10am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,424 Posts
Looking for profitable short term trades ...|
WISH YOU ALL HAPPY CHRISTMAS AND A VERY HAPPY NEW YEAR. HOPE NEXT YEAR ALL WE WILL BE TOGETHER FOR TRADING GOLD!!!!
Merry Christmas and Happy new year !
"Show me the charts, and I'll tell you the news." Bernard Baruch
I don't trade futures, but anyone who want to see how the futures traders are positioned on Gold can see the current contract from vol2vol expected range tool, it is always refreshed with the most traded volume.
Self-sufficiency is the greatest of all wealth. - Epicurus
- #54,032
- Dec 22, 2019 6:47am Dec 22, 2019 6:47am
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
4&1 All Time Profit:
$37,496
- #54,033
- Dec 22, 2019 4:51pm Dec 22, 2019 4:51pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
After a flat open in the yen pairs, I'm not expecting much of a gap in gold. Last week there was very little volume and barely any price volatility. This week should be similar. 
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #54,038
- Dec 23, 2019 10:23pm Dec 23, 2019 10:23pm
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
24/12/19
As things stand, Price finally broke out higher on the falling wedge pattern we mentioned and has remained above the handle on an hourly closing basis while we also had a daily closing above the wedge resistance, this sentiment means that we can look forward to buying any dip that comes near the former wedge resistance handle, and where does it sit? around the 85 handle, a handle that we have used as a key point over the last couple of months following the breakout rally on the handle.
To further support this bullish intent, the H1 Buy zone now also currently sits near the handle...As Digs mentioned, we are backl above some stuff, ie weekly open some pivot lines, some key moving averages therefore the scales are tipped for further bullish continuation...Interesting to note that we still have to upside numbers to tag on the weekly upside levels.
While we favor bullish sentiment and look to move in tandem with the market, we dont expect it to be smooth/easy sailing for the bulls...we will look to follow PA...and Hourly close followed by a daily close back below the break out level will put bears back into the game
So far the H1 Buy Zone has offered one buy dip shortly after the open and prices have rallied from it.....
H1: Bullish and Buy Zone: 1485.96 - 1484.12
H4: Bullish and Buy Zone: 1479.86 - 148282
D1: Bullish and Buy Zone: 1476.19 - 1474.51
Intra day Levels
Upside
1497.09
1496.21
1491.61
1488.49
1486.30
Downside
1482.10
1479.89
1476.83
1474.41
1471.29
H1 Chart: (A) Break out level from falling wedge pattern (B) H1 Buy Dip ZOne and level. We can also see the series of Higher highs and Higher Lows. As such the close back inside the wedge area will invalidate that structure as such bringing bears back into the picture
H4 Chart
A) Diggs favoured right shoulder......(B) Break out area and continued close higher....(C) Bullish engulfing H4 above former key resistance area
D1 Chart;(A) Bullish Crossover creating the Bullish Buy ZOne.......(B) Break out from last weeks wedge zone...
As things stand, Price finally broke out higher on the falling wedge pattern we mentioned and has remained above the handle on an hourly closing basis while we also had a daily closing above the wedge resistance, this sentiment means that we can look forward to buying any dip that comes near the former wedge resistance handle, and where does it sit? around the 85 handle, a handle that we have used as a key point over the last couple of months following the breakout rally on the handle.
To further support this bullish intent, the H1 Buy zone now also currently sits near the handle...As Digs mentioned, we are backl above some stuff, ie weekly open some pivot lines, some key moving averages therefore the scales are tipped for further bullish continuation...Interesting to note that we still have to upside numbers to tag on the weekly upside levels.
While we favor bullish sentiment and look to move in tandem with the market, we dont expect it to be smooth/easy sailing for the bulls...we will look to follow PA...and Hourly close followed by a daily close back below the break out level will put bears back into the game
So far the H1 Buy Zone has offered one buy dip shortly after the open and prices have rallied from it.....
H1: Bullish and Buy Zone: 1485.96 - 1484.12
H4: Bullish and Buy Zone: 1479.86 - 148282
D1: Bullish and Buy Zone: 1476.19 - 1474.51
Intra day Levels
Upside
1497.09
1496.21
1491.61
1488.49
1486.30
Downside
1482.10
1479.89
1476.83
1474.41
1471.29
H1 Chart: (A) Break out level from falling wedge pattern (B) H1 Buy Dip ZOne and level. We can also see the series of Higher highs and Higher Lows. As such the close back inside the wedge area will invalidate that structure as such bringing bears back into the picture
H4 Chart
A) Diggs favoured right shoulder......(B) Break out area and continued close higher....(C) Bullish engulfing H4 above former key resistance areaD1 Chart;(A) Bullish Crossover creating the Bullish Buy ZOne.......(B) Break out from last weeks wedge zone...
4&1 All Time Profit:
$37,496
- #54,039
- Dec 23, 2019 10:49pm Dec 23, 2019 10:49pm
24/12/19 As things stand, Price finally broke out higher on the falling wedge pattern we mentioned and has remained above the handle on an hourly closing basis while we also had a daily closing above the wedge resistance, this sentiment means that we can look forward to buying any dip that comes near the former wedge resistance handle, and where does it sit? around the 85 handle, a handle that we have used as a key point over the last couple of months following the breakout rally on the handle. To further support this bullish intent, the H1 Buy...
Thank you
Enter Signature
- #54,040
- Dec 24, 2019 9:42am Dec 24, 2019 9:42am
- Joined May 2015 | Status: Observer | 1,981 Posts
We err, and err, and err again, but less.