XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2756 | Metals Mine

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

  • #55,101
  • Dec 15, 2020 1:47pm Dec 15, 2020 1:47pm
Quoting GonMnemonik
maybe the target is higher {image}
would agree gon just doing a little scalp
In tea leaves we trust!
  • #55,102
  • Dec 15, 2020 2:02pm Dec 15, 2020 2:02pm
silver closed at resistance today to the exit points for are

24.54
24.42
24.25

i'll be looking for the higher of the three probably.

edit - 24.37 is a POC for 2020 so that area might be interesting to watch. we'll see.

the above are march contract prices. as is the chart below.
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In tea leaves we trust!
  • #55,103
  • Dec 15, 2020 8:41pm Dec 15, 2020 8:41pm
Quoting Mcbeaners
silver closed at resistance today to the exit points for are 24.54 24.42 24.25 i'll be looking for the higher of the three probably. edit - 24.37 is a POC for 2020 so that area might be interesting to watch. we'll see. the above are march contract prices. as is the chart below. {image}
just forget that idea......
In tea leaves we trust!
  • #55,104
  • Dec 15, 2020 10:05pm Dec 15, 2020 10:05pm
my tin hat youtube viewing got this hot item - trumpet will take executive order of the us via the electoral foreign interference act . ! even if some are taking this to be true - you would want to be long gold and silver. supposedly should happen around xmas.

truely a pop corn event.
In tea leaves we trust!
  • #55,105
  • Dec 15, 2020 10:54pm Dec 15, 2020 10:54pm
does the above explain the dollar demise of late? i couldn't understand what was driving it down. hmmmm is all i can say.
In tea leaves we trust!
  • #55,106
  • Dec 16, 2020 12:56am Dec 16, 2020 12:56am
same as before range up before break down . on support 1854 to for 1874 test try having possible breakout for 1827, pa now . anyway I need a free fall towards 1370 !! occasion approaching !take care,
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #55,107
  • Dec 16, 2020 2:24am Dec 16, 2020 2:24am
Quoting Mcbeaners
does the above explain the dollar demise of late? i couldn't understand what was driving it down. hmmmm is all i can say.
I think of it a lot simplier, if it is bullish and they want to buy it again, there should be oppurtunities created and drag the price down to buy it again.
  • #55,108
  • Dec 16, 2020 3:06am Dec 16, 2020 3:06am
Okay so gold is a continuation. Forecast says gold should climb to 2000. Oil and canadian dollar also to climb.
Looking to see gold breakout of 4hr timeframe since I already have open positions.
Opening a new positions is not fun.
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Teerex
  • #55,109
  • Dec 16, 2020 3:08am Dec 16, 2020 3:08am
Quoting Mcbeaners
does the above explain the dollar demise of late? i couldn't understand what was driving it down. hmmmm is all i can say.
The dollar drops when US stocks climb. It's a complex relationship but that's how it is most times. People moving investment from currency to stocks
Teerex
  • #55,110
  • Dec 16, 2020 3:13am Dec 16, 2020 3:13am
I meant 1day timeframe breakout
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Teerex
  • #55,111
  • Dec 16, 2020 3:31am Dec 16, 2020 3:31am
#SILVER / Weekly, Daily & H4
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  • #55,112
  • Dec 16, 2020 5:49am Dec 16, 2020 5:49am
Looks like it's forming a mini reversal
So NY can buy it cheaper?
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  • #55,113
  • Dec 16, 2020 5:53am Dec 16, 2020 5:53am
Anyone fancy gbpnzd trade. 100percent guaranteed if you buy now...lol...sorry for going off topic
Teerex
  • #55,114
  • Dec 16, 2020 6:15am Dec 16, 2020 6:15am
Quoting PixelSniper
{quote} I think of it a lot simplier, if it is bullish and they want to buy it again, there should be oppurtunities created and drag the price down to buy it again.

i called this PM move about a week ago, when the setup was there being built. but i'm talking about that, i'm talking about if trumpet has a legal angle to have the benins and others arrested on foreign electoral interference. and other who helped would have their assets seized.

is this what is driving the dollar weakness and pm rise.

btw i closed my silver long. for the moment.
In tea leaves we trust!
  • #55,115
  • Dec 16, 2020 6:16am Dec 16, 2020 6:16am
Quoting Godisawoman
{quote} The dollar drops when US stocks climb. It's a complex relationship but that's how it is most times. People moving investment from currency to stocks
were on the same page. what you are talking about is 101 stuff. no offence.
In tea leaves we trust!
  • #55,116
  • Dec 16, 2020 7:19am Dec 16, 2020 7:19am
re-entered in long for silver, and added copper. both are setup to go.
In tea leaves we trust!
  • #55,117
  • Dec 16, 2020 8:24am Dec 16, 2020 8:24am
Yup looking at this rn
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Teerex
  • #55,118
  • Dec 16, 2020 9:18am Dec 16, 2020 9:18am
monster longs being setup on silver. i'll be looking to get back in (sl out) just before or after fomoc.

meanwhile - have a look at wheat.
In tea leaves we trust!
  • #55,119
  • Dec 16, 2020 1:08pm Dec 16, 2020 1:08pm
Seems gold will drop a bit
Teerex
  • #55,120
  • Dec 16, 2020 1:13pm Dec 16, 2020 1:13pm
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Teerex
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