Sliver of silver and told on gold

A thread for precious metals.

Whether you're buying physical or not. Let's discuss.

Please let's not turn this thread into a discussion about the pros and cons of buying precious metals. Instead, let's focus on what moves we're doing and why.

My last entry was at $34 on silver. It felt awkward to buy it.

http://i55.tinypic.com/260yl20.gif

I'm now waiting for a dip on the daily to buy more before it hits $50.

suggest you check out the thread under "Commodities"

http://www.forexfactory.com/showthread.php?t=222032

beeb

Cotton is a commodity and so is sugar and oil.

Except that I don't trade them. But I do trade gold and silver hence why I created a thread dedicated to this topic.

Great - I was just pointing out that there was already a gold and silver traders' thread with 4500 comments. It just happens to be listed on the "Commodities" page.......
Only trying to be helpful



beeb

http://www.forexfactory.com/showpost...ostcount=20677

http://www.difbroker.com/image/image...?img_id=515106

Big doji candel on important psychologicly level. Sell?

Could we expect another leg up around 34 level ?

http://1.bp.blogspot.com/-pciHlfViWd...for+Silver.png

Golden gold analysis (recorded 15/11/11): bit.ly/vUR5Ve

Other than me, is anybody using the Gold Silver Ratio as a short-term (M15,H1) signal generator?

intraday buys preferred if PA suggests it

Gold review

GOLD :

Green circle - tp , red - sl . Consolidating - sl/tp .

I opened Long on XAUUSD, working through Heikin-Ashi charts.

More details inside charts below. Comments and suggestions are welcome!

https://otraderdescodificado.files.w...i_20120429.png
https://otraderdescodificado.files.w...9_shrinked.png

Cheers

Hi all.Somthing little from me about gold.The way i see if this 1 hr 200 ema holds it must go down.Ichi in sell,cloud uper line is 1 level (straight).Chinkou span is below price,tenkan and kijun in sell.On 4hr we are still above cumo and momentum is still not for sell but for almost 25 day price is in 20$range.No new buyers.it needs sell of to reload again.this is too long on hold.Possible target for that sell and some reload on buy would be 1737 or 4 hr 200 ema.we are almost 1 mounth around 20$ range arround 61 fib of1522-1920 price move

Trying to wake up a thread that interests me.

XAGUSD H1

Silver prices continued trading between the ascending trend channel on H4 chart with top being 21.20 and bottom being 20.880.

Technical analysis of Silver for October 26 2015

Technical outlook and chart setups:
Silver has dropped from the sub-levels $16.00 earlier as expected. Intraday rallies are now to remain capped well below the $16.10 levels, which is interim resistance. As shown here, the metal might be unfolding a correction (3 waves), which could end around the $15.00 levels. It is hence recommended to remain flat for now and wait for a correction lower to initiate fresh long positions. Immediate support is seen at the $15.40 levels, followed by $15.00 levels, $14.40 and lower, while resistance is seen at the $16.10 levels (interim), followed by $16.50 and higher.
Trading recommendations:
Remain flat for now OR short with stop at $16.50, target is $15.30.

Technical analysis of Gold for October 28 2015

Technical outlook and chart setups:
Gold dropped lower to the $1,160.00 levels last Friday producing a bearish engulfing candlestick pattern and thus indicating further downside. The metal is pulling back for now, but intraday rallies should be capped below the $1,180.00 levels for now. It is recommended to remain flat for now and initiate long positions on a drop at the $1,137.00 levels. Immediate support is seen at the $1,150.00 levels, followed by $1,140.00, $1,100.00 and lower, while resistance is seen at the $1,180.00 levels, followed by $1,190.00 and higher.
Trading recommendations:
Remain flat for now, look to buy lower.