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

  • #12,141
  • Oct 18, 2011 7:46am Oct 18, 2011 7:46am
So, what Suntrader suggested seems to be correct, weekend in + , Monday in + and after that = correction !

Volumes are low, Traders and Investors are shaky, i think 1610 - 1600 has its charms but i would go back to what i quoted first i.e 1400, that's the place where the real game starts.

But Not to forget: Indian Demand = the season is On.

(The figures i have quoted are just my assumptions, they can be totally wrong as they contain my desires too )
  • #12,142
  • Oct 18, 2011 8:03am Oct 18, 2011 8:03am
Guys hope you all r well.

Its been simple with gold .tough i haven't been beneficent from it.

Simple 4h ascending triangle.For 2 weeks and then breaking it at 1672.

Approx we should see 1540 according to charts it may move around in between but its completely bearish right now
Attached Image (click to enlarge)
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  • #12,143
  • Oct 18, 2011 9:32am Oct 18, 2011 9:32am
I wonder what Bernadette will bring to the table

aka Burn-a-debt

Attached Image
  • #12,144
  • Oct 18, 2011 9:43am Oct 18, 2011 9:43am
Quoting Goldmansacks
I wonder what Bernadette will bring to the table

aka Burn-a-debt

Attachment
Hehe.With my luck gold will go down.
  • #12,145
  • Oct 18, 2011 9:45am Oct 18, 2011 9:45am
Quoting khan101
Guys hope you all r well.

Its been simple with gold .tough i haven't been beneficent from it.

Simple 4h ascending triangle.For 2 weeks and then breaking it at 1672.

Approx we should see 1540 according to charts it may move around in between but its completely bearish right now
Im bullish gold

as always junior sell in low,buy on the top,thats not good idea
  • #12,146
  • Oct 18, 2011 9:47am Oct 18, 2011 9:47am
Quoting Doncex
Im bullish gold

as always junior sell in low,buy on the top,thats not good idea
Tell me.I always buy on the top
Like this time buy on 1679
  • #12,147
  • Oct 18, 2011 9:50am Oct 18, 2011 9:50am
Quoting Ravissek
Hehe.With my luck gold will go down.

Must admit I want it to go down, have been expecting it, just not too far want to buy them dips
  • #12,148
  • Oct 18, 2011 9:54am Oct 18, 2011 9:54am
how u fellas doing ? u should have made a killing on shorting gold ....

me, will be back next week trading gold actively. recently busy with other trade instruments.
  • #12,149
  • Oct 18, 2011 9:58am Oct 18, 2011 9:58am
Quoting Ravissek
Tell me.I always buy on the top
Like this time buy on 1679
comment in picture,huge support level area 1630.08

Im looking for buy gold accourding waves analysing in m15,m30,m60tf
Attached Image (click to enlarge)
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  • #12,150
  • Oct 18, 2011 10:00am Oct 18, 2011 10:00am
Quoting Doncex
Im bullish gold

as always junior sell in low,buy on the top,thats not good idea
Lol stupid i was short from 1692 profit taken at 1640 . come up with reason if you are bullish on gold . just dont be a
  • #12,151
  • Oct 18, 2011 10:01am Oct 18, 2011 10:01am
Quoting whatfx
how u fellas doing ? u should have made a killing on shorting gold ....

me, will be back next week trading gold actively. recently busy with other trade instruments.

made a few coins by going long and getting out at 1685, now buying them dips again
  • #12,152
  • Oct 18, 2011 10:01am Oct 18, 2011 10:01am
Quoting Doncex
comment in picture,huge support level area 1630.08

Im looking for buy gold accourding waves analysing in m15,m30,m60tf
not that strong but gold falls big today.So good for buys below 1650.
I am scared what bernake speach will do.What do you think?
  • #12,153
  • Oct 18, 2011 10:10am Oct 18, 2011 10:10am
Quoting Ravissek
not that strong but gold falls big today.So good for buys below 1650.
I am scared what bernake speach will do.What do you think?

Just becoz of Bernanke i have closed those positions
  • #12,154
  • Oct 18, 2011 10:11am Oct 18, 2011 10:11am
Quoting Ravissek
not that strong but gold falls big today.So good for buys below 1650.
I am scared what bernake speach will do.What do you think?
I hope bernake speach will help for bulls atack
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 22 KB
Attached Image
  • #12,155
  • Oct 18, 2011 10:15am Oct 18, 2011 10:15am
Quoting Doncex
I hope bernake speach will help for bulls atack
Any buys opened?
  • #12,156
  • Oct 18, 2011 10:19am Oct 18, 2011 10:19am
Quoting Ravissek
Any buys opened?

poor raviseek

when will you ever go into profit ? as i understand you are still - $16,000 down...

it must hurt you havent made any profit in the last few months, not even break even...!
  • #12,157
  • Oct 18, 2011 10:21am Oct 18, 2011 10:21am
Quoting whatfx
poor raviseek

when will you ever go into profit ? as i understand you are still - $16,000 down...

it must hurt you havent made any profit in the last few months, not even break even...!
I made enough to live
around 2k $
From 1550
And I am not in game that long.So Its good for me.I must learn a lot.
But i dont have some pro teacher.So its hard for me to trade.
  • #12,158
  • Oct 18, 2011 10:27am Oct 18, 2011 10:27am
Quoting Ravissek
I made enough to live
around 2k $
From 1550
And I am not in game that long.So Its good for me.I must learn a lot.
But i dont have some pro teacher.So its hard for me to trade.

how can you make 2k when at present your down by around $16 k ? remember all your buys have compounded to huge losses...
  • #12,159
  • Oct 18, 2011 10:32am Oct 18, 2011 10:32am
Quoting whatfx
how can you make 2k when at present your down by around $16 k ? remember all your buys have compounded to huge losses...
Yea and what I might do do? dont tell me to close
I never close buys at gold
As I am saying.I need teacher in trading.So i am amateur.
  • #12,160
  • Oct 18, 2011 10:36am Oct 18, 2011 10:36am
Quoting Ravissek
Any buys opened?
not yet,patiency fellas
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