XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2730 | Metals Mine

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

  • #54,581
  • Jun 28, 2020 4:37pm Jun 28, 2020 4:37pm
thanks keenpips,good day
  • #54,582
  • Jun 29, 2020 1:40am Jun 29, 2020 1:40am
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  • #54,583
  • Jun 29, 2020 3:37am Jun 29, 2020 3:37am
is this possible?
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  • #54,584
  • Jun 29, 2020 6:49am Jun 29, 2020 6:49am
Unlike the last 2 posts this expert is bullish on gold due to strong fundamentals.

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  • #54,585
  • Jun 30, 2020 12:35am Jun 30, 2020 12:35am
Quoting Tekin
is this possible? {image}
From yesterday to today no up wish maybe she wants to drop i will wait couple of hours if no profit then cut
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  • #54,586
  • Jul 2, 2020 9:49am Jul 2, 2020 9:49am
#GOLD / H1
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  • #54,587
  • Jul 3, 2020 10:14am Jul 3, 2020 10:14am
Other than gold's pop above $1800, this week was pretty calm. Here's how gold and silver compared. Pretty much in line with one another.
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Stay safe out there!
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We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #54,588
  • Jul 3, 2020 12:28pm Jul 3, 2020 12:28pm
I expect reversal trend from 1800 to 1550 as you can see on my chart until december . So looking for bearish PA pattern on daily and weekly chart .https://www.tradingview.com/chart/XA...USD-long-term/
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Find your passion and work hard
  • #54,589
  • Jul 5, 2020 3:09pm Jul 5, 2020 3:09pm
Here's my take on Gold/USD. The Gold/USD market is favourably supportive of bulls. On the daily time frame, on June 23, price action broke above a horizontal channel (blue) within which it has been operating for eight previous days. However, the candlesticks printed since then have been mixed, offering a sideways of price action. Presently, price action is located around 1775.70. The next major horizontal resistance is around 1794.80 while the 1751.60 is the immediate horizontal support. We should await what happens in the early part of this week for directional clarity.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #54,590
  • Jul 6, 2020 2:02am Jul 6, 2020 2:02am
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  • #54,591
  • Jul 6, 2020 3:03am Jul 6, 2020 3:03am
From FPA: "Gold now stands on hook keeping equal chances to move in both directions. Although any bearish trading now is accompanied with greater risk as overall sentiment stands positive."

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  • #54,592
  • Jul 6, 2020 1:36pm Jul 6, 2020 1:36pm
buy
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  • #54,593
  • Jul 7, 2020 10:36am Jul 7, 2020 10:36am
#GOLD / H4 & H1
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  • #54,594
  • Edited Jul 8, 2020 10:28am Jul 7, 2020 11:01am | Edited Jul 8, 2020 10:28am
https://www.metalsmine.com/showthrea...9#post12960159

This is what I had been waiting for. 1792 was the first target as I mentioned in the following post.
https://www.metalsmine.com/showthrea...7#post12942737

and now I am waiting for 1818
  • #54,595
  • Jul 7, 2020 10:36pm Jul 7, 2020 10:36pm
Quoting GonMnemonik
buy {image}
Hi GonMnemonik, do you mind to share your S&R indicator. look interesting. Is it repaint? Thanks
  • #54,596
  • Jul 8, 2020 3:43am Jul 8, 2020 3:43am
#GOLD / H1
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  • #54,597
  • Jul 8, 2020 10:24am Jul 8, 2020 10:24am
Quoting Fx4Lving
{quote} This is what I had been waiting for. 1792 was the first target as I mentioned in the following post. https://www.metalsmine.com/showthrea...7#post12942737 and now I am waiting for 1818
The appointed target which was 1818 was hit by the market.
  • #54,598
  • Jul 8, 2020 10:57am Jul 8, 2020 10:57am
For your experience:

Many traders believe that market is random. I am posting this reply to show you how market is predictable. 2 months ago I wrote on the following post that market will hit 1818. Right now market hits 1817.99 !!! isn't it strange?! Just we need to use right tools. Thanks to Abonacci calculator!

https://www.metalsmine.com/showthrea...9#post12960159
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  • #54,599
  • Jul 8, 2020 11:05am Jul 8, 2020 11:05am
Quoting Fx4Lving
For your experience: Many traders beehive that market is random. I am posting this reply to show you how market is predictable. 2 months ago I wrote on the following post that market will hit 1818. Right now market hits 1817.99 !!! isn't it strange?! Just we need to use right tools. Thanks to Abonacci calculator! https://www.metalsmine.com/showthrea...9#post12960159 {image}
Define

1. Belief/believe/beehive

2. Random

Once you can do that, there can be a common understanding.
  • #54,600
  • Jul 8, 2020 11:12am Jul 8, 2020 11:12am
Quoting LloydOz
{quote} Define 1. Belief/believe/beehive 2. Random Once you can do that, there can be a common understanding.
Please study about the following article

"Efficient Market Theory
The basic tenet of random walk proponents is the efficient market hypothesis. The EMH idea states that all known information is already priced into a security's price structure. Therefore, no known information can help an investor gain an edge over the market. Additionally, this hypothesis includes the idea that all future news events are unpredictable, and therefore investors cannot position themselves in a particular security on an expected outcome to an upcoming event. Read on to find out how fundamental and technical analysts might counter that idea."
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