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

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  • Post #56,261
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  • Jan 9, 2023 4:06am Jan 9, 2023 4:06am
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,407 Posts | Online Now
#GOLD / H4
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  • Post #56,262
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  • Jan 13, 2023 5:56am Jan 13, 2023 5:56am
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,407 Posts | Online Now
#GOLD / H4
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  • Post #56,263
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  • Jan 15, 2023 2:41pm Jan 15, 2023 2:41pm
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 7,355 Posts
XAUUSD price action on the daily time frame is technically bullish but it is presently tackling a horizontal resistance around the 1920.30 area (red). Should bulls retain their influence in the market we may see a northward push to an area of value such as the 1947.60/1957 order block (blue).

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
 
 
  • Post #56,264
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  • Jan 19, 2023 3:58am Jan 19, 2023 3:58am
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,407 Posts | Online Now
#GOLD / H1
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  • Post #56,265
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  • Jan 22, 2023 3:07pm Jan 22, 2023 3:07pm
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 7,355 Posts
XAUUSD price action on the daily time frame is presently tackling the 1922.535 horizontal resistance area (purple) seen on the weekly time frame. Last Friday saw bears pushing back further bullish surge. However, the bearish candlestick printed on Friday is relatively small, so we cannot rule out further northward move. Should bulls fail to regain momentum, we may see a bearish correction in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
 
 
  • Post #56,266
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  • Jan 23, 2023 6:15am Jan 23, 2023 6:15am
  •  sisucoro
  • | Joined Feb 2022 | Status: Coyote | 411 Posts | Online Now
XAUUSD
mainly following the stoch as m15, m30 and h1 went high together and ready to point down ,anyways 4H is down so it may creep in, also 1h is not at the highest point
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  • Post #56,267
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  • Jan 23, 2023 8:37am Jan 23, 2023 8:37am
  •  sisucoro
  • | Joined Feb 2022 | Status: Coyote | 411 Posts | Online Now
same reasons as before
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  • Post #56,268
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  • Jan 24, 2023 8:46am Jan 24, 2023 8:46am
  •  sisucoro
  • | Joined Feb 2022 | Status: Coyote | 411 Posts | Online Now
the selling on the lower end is an error from yesterday, I'm learning to trade before asia time. the sell in the top, if goes well, is to compensate, the TP is overly optimistic but I will close when compensation becomes positive

lower time frames are a little bit messy but h4 shows strong selling presure, anyways there will be red fuel in 1 hour so let's see
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1
  • Post #56,269
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  • Jan 24, 2023 9:20am Jan 24, 2023 9:20am
  •  sisucoro
  • | Joined Feb 2022 | Status: Coyote | 411 Posts | Online Now
Quoting sisucoro
Disliked
the selling on the lower end is an error from yesterday, I'm learning to trade before asia time. the sell in the top, if goes well, is to compensate, the TP is overly optimistic but I will close when compensation becomes positive lower time frames are a little bit messy but h4 shows strong selling presure, anyways there will be red fuel in 1 hour so let's see {image}
Ignored
yupi
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1
  • Post #56,270
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  • Jan 24, 2023 11:46am Jan 24, 2023 11:46am
  •  sisucoro
  • | Joined Feb 2022 | Status: Coyote | 411 Posts | Online Now
repeat
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They muddy the water, to make it seem deep
 
 
  • Post #56,271
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  • Jan 24, 2023 12:00pm Jan 24, 2023 12:00pm
  •  SunTrader
  • Joined Mar 2006 | Status: Trade the reaction not the news! | 10,414 Posts
Trading with the trend leads to higher probability trades.

HH's and HL's since early November.
 
1
  • Post #56,272
  • Quote
  • Jan 24, 2023 5:33pm Jan 24, 2023 5:33pm
  •  IPMan
  • | Joined Oct 2016 | Status: Allergic to Stupidity | 504 Posts
Quoting SunTrader
Disliked
Trading with the trend leads to higher probability trades. HH's and HL's since early November.
Ignored
Think he would not listen, since he's too busy with his indicators.
 
 
  • Post #56,273
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  • Jan 25, 2023 5:16am Jan 25, 2023 5:16am
  •  sisucoro
  • | Joined Feb 2022 | Status: Coyote | 411 Posts | Online Now
Quoting XagBulletFx
Disliked
{quote} I exited at $23.375. Don't like the fact it broke $23.720 during London session.
Ignored
yeah, and even that right now the price is in an interesting point, there is still some room to go up till price reaches 2077.00, being said that price action is fractal, and there is always some oportunites to both direction trough all the day, all depends your style obviously
They muddy the water, to make it seem deep
 
 
  • Post #56,274
  • Quote
  • Jan 27, 2023 3:27am Jan 27, 2023 3:27am
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,407 Posts | Online Now
#GOLD / H1
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  • Post #56,275
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  • Jan 27, 2023 8:21am Jan 27, 2023 8:21am
  •  SunTrader
  • Joined Mar 2006 | Status: Trade the reaction not the news! | 10,414 Posts
U.S. PCE Core news release in 10 minutes (830am EDT) should liven things up a bit.
 
 
  • Post #56,276
  • Quote
  • Jan 29, 2023 3:15pm Jan 29, 2023 3:15pm
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 7,355 Posts
XAUUSD price action on the daily time frame broke above the 1922.55 horizontal resistance area (purple) and surged into the 1958.93/1944.93 supply zone (red), created on April 22, 2022, before it was pushed back by bears. Although last Friday’s print was doji-like, we may see another bullish test of the 1958.93/1944.93 supply zone (red) before a southward rotation.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
 
1
  • Post #56,277
  • Quote
  • Last Post: Feb 5, 2023 2:27pm Feb 5, 2023 2:27pm
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 7,355 Posts
XAUUSD price action on the daily time frame is bearish. Price action had retested the 1981.470/1938.32 weekly supply zone (red) but met a strong bearish challenge. Presently, price action has entered a daily demand zone, but we can still see further southward move to an area of value before bullish correction.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
 
 
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