XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2754 | Metals Mine

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

  • #55,061
  • Dec 11, 2020 3:09pm Dec 11, 2020 3:09pm
maybe better wait at least that trendline break before buying, I think

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  • #55,062
  • Dec 11, 2020 3:24pm Dec 11, 2020 3:24pm
Quoting juhanimi
maybe better wait at least that trendline break before buying, I think {image}
thanks Juhanimi - i don't trade trendlines under 4h normally. easily broken then fixed etc. i am more interested in horizontal price under 4h.
In tea leaves we trust!
  • #55,063
  • Dec 11, 2020 3:26pm Dec 11, 2020 3:26pm
Quoting Mcbeaners
{quote} thanks Juhanimi - i don't trade trendlines under 4h normally. easily broken then fixed etc. i am more interested in horizontal price under 4h.
I am sure that you know what you do, that was more like speaking to myself, lol.
  • #55,064
  • Dec 11, 2020 4:00pm Dec 11, 2020 4:00pm
Quoting juhanimi
Most of the golds movements happens between London open and 1 hour before London close, yellow boxes in pic, that is the time when buyers and sellers are active in gold market {image}
Helpful stuff, thanks
  • #55,065
  • Dec 11, 2020 4:15pm Dec 11, 2020 4:15pm
Have some ideas, however just reporting what I am seeing.

Weekly:
https://www.tradingview.com/x/rIVravBd/

Daily:
https://www.tradingview.com/x/oywHLyGc/

4h:
https://www.tradingview.com/x/UejOhQwi/

Tell me what you think. Haven't been actve here for a few weeks. But, this week's close has some contention. In other words, it could go either way or no where next week! It's December!

Cheers
  • #55,066
  • Dec 11, 2020 5:26pm Dec 11, 2020 5:26pm
Quoting LouisSuguna
In other words, it could go either way or no where next week!
Whatever happens, you were right. Up, down or sideways.
Anyways, your intuition sounds nice, I mean that H4 pic.
We`ll see.
  • #55,067
  • Dec 11, 2020 6:47pm Dec 11, 2020 6:47pm
Both scenarios seek an oppurtunity to go long if we consodilate and don't breach below 1824, if we slide below 1824 really hard, 1790's here we come..
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  • #55,068
  • Dec 11, 2020 10:55pm Dec 11, 2020 10:55pm
Has Gold bottomed out.?
If so we should see a return to 1800 on Monday followed by a move North.
With this scenario we would be targeting 1940 & 1990 later in the week.
However, what with Brexit, Covid & Trump, congestion could still prevail for some time yet
Attached Image (click to enlarge)
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Look Left Trade Right
  • #55,069
  • Dec 12, 2020 12:35pm Dec 12, 2020 12:35pm
Quoting PixelSniper
Both scenarios seek an oppurtunity to go long if we consodilate and don't breach below 1824, if we slide below 1824 really hard, 1790's here we come.. {image}
same here bro 1824 aint gonna breach coz m30 and m15 both havent shown any downward reason according to me but lets see what happens on monday.
  • #55,070
  • Dec 12, 2020 1:17pm Dec 12, 2020 1:17pm
Quoting juhanimi
XAUUSD correlation, USDCHF works best, at least I have not found any better {image}
Greetings

Thank you very much for the info given,do you mind sharing the multi signals stochastic indicator?

Thanks in advance
  • #55,071
  • Dec 12, 2020 1:17pm Dec 12, 2020 1:17pm
Thank you all guys for the info shared
  • #55,072
  • Dec 12, 2020 3:13pm Dec 12, 2020 3:13pm
try google multisymbols mq4
  • #55,073
  • Dec 13, 2020 3:55pm Dec 13, 2020 3:55pm
Here is FPA's analysis.

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  • #55,074
  • Dec 13, 2020 11:08pm Dec 13, 2020 11:08pm
Inserted Video
  • #55,075
  • Dec 14, 2020 5:20am Dec 14, 2020 5:20am
Selling gold...close sl
Attached Image (click to enlarge)
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Teerex
  • #55,076
  • Dec 14, 2020 5:21am Dec 14, 2020 5:21am
Head and shoulders pattern...continuation of a 1hr wedge.
Teerex
  • #55,077
  • Dec 14, 2020 7:16am Dec 14, 2020 7:16am
Do you ever just feel like there some dudes somewhere just waiting for you to enter a trade when you see a breakout...and then they reverse it so you lose and they make money?

Getting sick of this crap. I'm gonna try trading only at market time from now on. If it still fails then I'm quitting forex for good.

And I've tried all the methods. It's all farce. Technical analysis still the best but even that is farce.

Only way I've been able to curb losses of recent is by releasing little fund into my trading account every week.
Teerex
  • #55,078
  • Dec 14, 2020 7:37am Dec 14, 2020 7:37am
I think we are not ready to go down yet, I think we will see 1842 first we will see.
Only Gold and silver
  • #55,079
  • Dec 14, 2020 7:41am Dec 14, 2020 7:41am
We're seeing some divergence is gold and silver, with silver outperforming gold. Recently, this has been a bullish indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-0255.png Size: 16 KB

Gold/Silver Ratio:
Attached Image
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #55,080
  • Dec 14, 2020 7:49am Dec 14, 2020 7:49am
Quoting EventsTrader
We're seeing some divergence is gold and silver, with silver outperforming gold. Recently, this has been a bullish indicator. {image} Gold/Silver Ratio: {image}
This makes sense
Teerex
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