XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2706 | Metals Mine

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

  • #54,101
  • Jan 3, 2020 6:01am Jan 3, 2020 6:01am
Quoting Marcieny
I would like to see a stop loss hunt before selling for a long time.... haven't retested 1550 yet.. time will tell.,.. everything can happen.
  • #54,102
  • Jan 3, 2020 6:08am Jan 3, 2020 6:08am
Quoting Marcieny
I will only stay in this trade during the week if the price passes 1460 and then 1480, 1480 is where there is divergent resistance... and if this pattern works too. {image}
so you came back price ... now I'll watch what can happen
  • #54,103
  • Jan 3, 2020 6:08am Jan 3, 2020 6:08am
Sell @ 1549, tp 1540
  • #54,104
  • Jan 3, 2020 12:38pm Jan 3, 2020 12:38pm
Quoting peace1234
Sell @ 1549, tp 1540
spike is here...... goodluck mate
Extreme gut feeling trader
  • #54,105
  • Jan 3, 2020 1:11pm Jan 3, 2020 1:11pm
Quoting peace1234
Sell @ 1549, tp 1540
Closed @1549. miss 1 point from my tp, low price @1540.91
  • #54,106
  • Jan 3, 2020 1:14pm Jan 3, 2020 1:14pm
Quoting montygoldy
{quote} spike is here...... goodluck mate
Thanks dude...
  • #54,107
  • Jan 3, 2020 1:19pm Jan 3, 2020 1:19pm
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  • #54,108
  • Jan 3, 2020 1:21pm Jan 3, 2020 1:21pm
Quoting peace1234
{image}
this weekend i am expecting a gap up purely because of iran us tensions........my gut feeling
Extreme gut feeling trader
  • #54,109
  • Jan 3, 2020 1:32pm Jan 3, 2020 1:32pm
Quoting montygoldy
{quote} this weekend i am expecting a gap up purely because of iran us tensions........my gut feeling
My long term target @ 1656-1665
  • #54,110
  • Jan 3, 2020 4:52pm Jan 3, 2020 4:52pm
Quoting peace1234
{quote} My long term target @ 1656-1665
What's your reasoning for that target?
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #54,111
  • Jan 3, 2020 7:06pm Jan 3, 2020 7:06pm
Quoting Ef5
{quote} What's your reasoning for that target?
weekly breakout

1557 is big resistance, we need daily closing above 1557 to confirm bullish continuation
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  • #54,112
  • Jan 5, 2020 2:32pm Jan 5, 2020 2:32pm
Weekend Wall Street shows the Dow is down 115pts over the weekend due to all the news surrounding the Iran situation:

Attached Image


If the Dow is down due to increased risk, we should see a nice gap higher in gold and other flight to safety assets.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #54,113
  • Jan 5, 2020 3:28pm Jan 5, 2020 3:28pm
Quoting Mr.Metal
{quote} Dude, please give some sufficient backing and logic, also add possible scenarios in which we would achieve this target and scenarios in which we would not.
so, where are we... 1550 or so. At the time of writing above 150 or so higher. I trade on monthly basis only. Yeah, 2800 or so target intact. Where I got it from - proprietary signal, sorry cant share 'how' bit.
  • #54,114
  • Jan 5, 2020 4:17pm Jan 5, 2020 4:17pm
Quoting peace1234
{quote} weekly breakout 1557 is big resistance, we need daily closing above 1557 to confirm bullish continuation {image} {image}
We on the third wave now, correction will enter into play as everybody is buying
  • #54,115
  • Jan 5, 2020 4:40pm Jan 5, 2020 4:40pm
Quoting BarberQc
{quote} We on the third wave now, correction will enter into play as everybody is buying
Agree...
i think gold need retracement first around 1534 on monday

  • #54,116
  • Jan 5, 2020 4:53pm Jan 5, 2020 4:53pm
Quoting peace1234
{quote} Agree... i think gold need retracement first around 1534 on monday
Maybe more then that, 1575 is huge, it will be on 113% reversal level

https://www.tradingview.com/x/AHUg7x7y/
  • #54,117
  • Jan 5, 2020 5:01pm Jan 5, 2020 5:01pm
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  • #54,118
  • Jan 5, 2020 5:05pm Jan 5, 2020 5:05pm
third wave filled, no volume, lthis is about to shutdown
  • #54,119
  • Jan 5, 2020 5:06pm Jan 5, 2020 5:06pm
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  • #54,120
  • Jan 5, 2020 5:15pm Jan 5, 2020 5:15pm
Quoting AdamEgWhite
{image}
price is filled, if the resistance does its job it will be time for correction
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