just a simple chart
silver
silver
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
DislikedAlright, guys...XTrade, beebs, MuscledMike, all is good now. I appreciate the apologies and I can respect that a full explanation is desired along with every call in this thread. It was my fault in the first place.
As for gold....looks good up to 1761 where the real break occurred. Everything else until then has been tested already. I'd see how it developes on the way up to 1761 before taking any short there. Probably would be best just to wait for a pullback at that point and look to buy at a lower price.
I should add, we might see some...Ignored
DislikedHere we are now, new high made again, 45 should blow it's gasket soon.
support at 35 -- live chart refreshes throughout the day.Ignored
DislikedAlright, guys...XTrade, beebs, MuscledMike, all is good now. I appreciate the apologies and I can respect that a full explanation is desired along with every call in this thread. It was my fault in the first place.
As for gold....looks good up to 1761 where the real break occurred. Everything else until then has been tested already. I'd see how it developes on the way up to 1761 before taking any short there. Probably would be best just to wait for a pullback at that point and look to buy at a lower price.
I should add, we might see some near-term...Ignored
Dislikedis that not them hyping up gold? Or you think it is going to reach 1761 now, without retrace below 1650 ?
VBIgnored
DislikedI beleive there is a strong resistance at 30.40 level for Silver. Can the price move down from here. Can it go till 29.60. What do you guys think.
Xtrader and Beeb. Please put foward your analysis.Ignored
DislikedAlright, guys...XTrade, beebs, MuscledMike, all is good now. I appreciate the apologies and I can respect that a full explanation is desired along with every call in this thread. It was my fault in the first place.
As for gold....looks good up to 1761 where the real break occurred. Everything else until then has been tested already. I'd see how it developes on the way up to 1761 before taking any short there. Probably would be best just to wait for a pullback at that point and look to buy at a lower price.
I should add, we might see some...Ignored
Disliked1664! WHAT!!!!!!!!!!
GOLD
http://www.kitco.com/images/live/gold.gif
SILVER
http://www.kitco.com/images/live/silver.gifIgnored
DislikedLol, the strength has just started. The XME should explode sometime soon, cause the sellers before yesterday failed to send prices lower and were met by buying yesterday! I expect a super breakout soon in the XME and my trade in FCX also looks pretty good at this point. SLW still riping the hell out of everything with the GDX which is set to blow past resistance at 48.50. Gj on your trades X! Things should start getting interesting now after weeks of waiting.Ignored
DislikedHi all thanks to the OP for starting this thread, I have been lurking here for a while and this will be my 1st post in this thread. This is a nice thread, thanks for keeping out the bad eggs.
I took this trade because:
1) It broke the weekly trendline
2) There is a high likelihood of a war with Iran(Iran vs NATO) this coming few months and that will guarantee the closing of the straight of Hormus. If oil goes through the roof, chances are gold will too.
3) Somehow some big shot traders have been loading on gold recently. (eg. Rothchilds,...Ignored