XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2755 | Metals Mine

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

  • #55,081
  • Dec 14, 2020 8:08am Dec 14, 2020 8:08am
becareful with this move north - i'd be short over long imo.
In tea leaves we trust!
  • #55,082
  • Dec 14, 2020 8:19am Dec 14, 2020 8:19am
Quoting Godisawoman
Selling gold...close sl {image}

It was an extremly strong support mate, see how the prince has bounced back.
  • #55,083
  • Dec 14, 2020 8:21am Dec 14, 2020 8:21am
Quoting PixelSniper
{quote} It was an extremly strong support mate, see how the prince has bounced back.

i agee both are longs, just not yet imo.
In tea leaves we trust!
  • #55,084
  • Dec 14, 2020 8:57am Dec 14, 2020 8:57am
Oh I think it's going down now....1800 target for me. Not a perfect entry lol
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Teerex
  • #55,085
  • Dec 14, 2020 9:07am Dec 14, 2020 9:07am
Forgot that arrow there.... it's going down...target 1800
Teerex
  • #55,086
  • Dec 14, 2020 10:05pm Dec 14, 2020 10:05pm
silver was bought here (gold less so). so i would expect a move north here at least during the asian session.

currently 24.023 and 1834.7 spot prices
In tea leaves we trust!
  • #55,087
  • Dec 15, 2020 1:16am Dec 15, 2020 1:16am
Quoting Mcbeaners
silver was bought here (gold less so). so i would expect a move north here at least during the asian session. currently 24.023 and 1834.7 spot prices

would have been nice if someone got on my post above. did anyone?

as mentioned by others silver out preforming gold. both could now move up strongly now imo. hang tight.
In tea leaves we trust!
  • #55,088
  • Dec 15, 2020 4:30am Dec 15, 2020 4:30am
looks like gold and silver are going to take a break now...ish. so some retrace could happen imo.
In tea leaves we trust!
  • #55,089
  • Dec 15, 2020 5:04am Dec 15, 2020 5:04am
Testing that resistance again, maybe couple of retraces to build up legs and then a breakout.
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  • #55,090
  • Dec 15, 2020 6:08am Dec 15, 2020 6:08am
Price stopped at 50percent fibonacci. It's at a tipping point now gold.
Teerex
  • #55,091
  • Dec 15, 2020 7:07am Dec 15, 2020 7:07am
I think Gold is going down but 1850 first is still possible.
Only Gold and silver
  • #55,092
  • Dec 15, 2020 8:36am Dec 15, 2020 8:36am
Quoting PixelSniper
Testing that resistance again, maybe couple of retraces to build up legs and then a breakout. {image}

good spot. its a wedgy thingy. target 24.95 . i'd be a buyer off 24.20 no probs
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In tea leaves we trust!
  • #55,093
  • Dec 15, 2020 11:27am Dec 15, 2020 11:27am
defo time to cool heels here. wait for the drop (if it comes).
In tea leaves we trust!
  • #55,094
  • Dec 15, 2020 12:31pm Dec 15, 2020 12:31pm
taking a small short on silver here. won't be holding long.
In tea leaves we trust!
  • #55,095
  • Dec 15, 2020 12:32pm Dec 15, 2020 12:32pm
Quoting Mcbeaners
taking a small short on silver here. won't be holding long.
I'm looking for a good oppurtunity to short for a scalp as well, but don't see any on gold.
  • #55,096
  • Dec 15, 2020 12:44pm Dec 15, 2020 12:44pm
Quoting PixelSniper
{quote} I'm looking for a good oppurtunity to short for a scalp as well, but don't see any on gold.
neither do i (gold) so this makes my trade a little risker. like i said won't be hanging around if it turns against me.
In tea leaves we trust!
  • #55,097
  • Dec 15, 2020 1:01pm Dec 15, 2020 1:01pm
Quoting Mcbeaners
{quote} neither do i (gold) so this makes my trade a little risker. like i said won't be hanging around if it turns against me.
Oh yeah, I understand why you shorted silver, it made a new high. Exactly what I have been waiting for gold to do lol...
  • #55,098
  • Dec 15, 2020 1:23pm Dec 15, 2020 1:23pm
Quoting PixelSniper
{quote} Oh yeah, I understand why you shorted silver, it made a new high. Exactly what I have been waiting for gold to do lol...
you mean a higher high as part of a single move? if so yes and internals i look for. as ever, we'll see.
In tea leaves we trust!
  • #55,099
  • Dec 15, 2020 1:40pm Dec 15, 2020 1:40pm
maybe the target is higher
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  • #55,100
  • Dec 15, 2020 1:41pm Dec 15, 2020 1:41pm
Quoting GonMnemonik
maybe the target is higher {image}
Yeah gold has a huge temptation to test previous highs and lows, it's all speculative and impulsive.
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