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

Sometimes.

Oh okay... goodluck with it...seems to be too sophisticated for me

sorry to break this to you but gold "likely" won't do shit for the rest of the night.

maybe ten bucks.

Although, I made a pretty BAD call last week on up thirty and we dropped.
sooo.....

DYODD.
bed.

is there a method to that?

Looks like laser tag and a phone switchboard...

do explain original poster.

i'm with ya.. we'll get there and have our day in the sun. correction only
fuels the fire mate.

Any decent dip below 1700 will likely be bought up.

Alas, we'll see.

night all

g/l

x

dont expect taht to happen.

i am a gann disciple myself, and explaining it takes what... 3 pages at least? and that would be the summary.

the square of nine was gann's tool to the forecasting of price.
its has different degrees geometric values that are important such as 45 degrees, 90, 180, 30, etc. there are those numbers that has great importance. like 12, he found 12 2to be biblically important and also that astrology has 12 houses. the square is also important = 144.

45 is the most important i believe. in s/r and sentiment of the market. it represents the 1x1 base angle and is an eighth of a circle.

how to use it? i honestly cant find one that is suitable with gold's figures but shouldnt be hard to generate.

its really too complicated to be explained in a post x.

totally agreed! here comes the sun-the Beatles oh yeah

Nice bears seson just open

I agree with split_unit

anyone idea where to place sell stop? Or you think bulls are back?

Nice 1h short pinbar.

looks like TL break in M30 chart.
will we see 1710 again
i'm short @1722

Short scalp 1720-1714.
55$ profit

Scalped short also... entry on picture, closed allready.

All metals are down, but looks pretty close to support(s).
source: http://www.finviz.com/futures_charts.ashx?t=METALS&p=h1

What about that???

good to sell at 1700 or no?

I wouldn't advise that....

U think there is strong support?

I think can go short open for 1680 1660

XTrade going to buy dips - it's a strong reason for me to avoid shorts

Situation is not clear. I'd say there is a risk of further fall.

PS There is the uptrend line on H4 & Daily. Keep tight stops anyway you long or short.