XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1188 | Metals Mine

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

  • #23,741
  • May 30, 2013 6:42am May 30, 2013 6:42am
Gold is falling currently! Is this a good opportunity to buy at a bargain or a lasting downward trend ?

Answers coming up in less than an hour!

BTW.. my trading platform have a 195 pip spread for gold
  • #23,742
  • May 30, 2013 6:47am May 30, 2013 6:47am
Quoting danelijah
{quote} Hi Hi! Hmm... So you believe that with QE tapered, Gold would rise?
Ohh, if consider tapering QE - Gold defenitely would fall
  • #23,743
  • May 30, 2013 6:49am May 30, 2013 6:49am
Quoting eugenyk
{quote} Ohh, if consider tapering QE - Gold defenitely would fall


I see, therefore in your opinion are you bullish or bearish with regards to XAU/USD
  • #23,744
  • May 30, 2013 6:54am May 30, 2013 6:54am
Quoting danelijah
{quote} I see, therefore in your opinion are you bullish or bearish with regards to XAU/USD

Now it is better to wait for the news today. Usually good US news cause falling Gold, and bad - rising, but you should keep in mind the manipulation with this metal - price can go 50 bucks in one direction and after a ten minutes go 100 in other...
  • #23,745
  • May 30, 2013 6:58am May 30, 2013 6:58am
Okay, clashing of the bulls and bears now haha... Kinda exciting to watch... Anyways all the best for later!
  • #23,746
  • May 30, 2013 9:15am May 30, 2013 9:15am
The bulls won! Bad analysis before sorry!
  • #23,747
  • May 30, 2013 9:39am May 30, 2013 9:39am
Latest EW daily chart - 4th wave should be complete soon:
Attached Image (click to enlarge)
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  • #23,748
  • May 30, 2013 11:25am May 30, 2013 11:25am
Gold to see it tomorrow.
Thanks to the Sun's
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  • #23,749
  • May 30, 2013 11:31am May 30, 2013 11:31am
Did you guys catch the break through 1400 resistance on XAUUSD? it has been testing that area for a long time now but no H1 candle has closed above it.

Now it finally did and I believe this technical break is significant. I think we are going to see the price move to 1450.

Attached Image (click to enlarge)
Click to Enlarge Name: xauusd.h1_may30_1.jpg Size: 118 KB


Interestingly, there was a retest of 1400 after the break, but the that level held firm as new support.
  • #23,750
  • May 30, 2013 11:34am May 30, 2013 11:34am
No significance to me, just sayin'.
  • #23,751
  • May 30, 2013 1:16pm May 30, 2013 1:16pm
Forgive me for I do not know what you were talking
My tongue is not good
Good luck
  • #23,752
  • May 30, 2013 2:13pm May 30, 2013 2:13pm
If you want the analyzer.
The signal should
Buy and Sell
If you are interested in?
  • #23,753
  • May 30, 2013 2:32pm May 30, 2013 2:32pm
Like this .... good night
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  • #23,754
  • May 30, 2013 3:01pm May 30, 2013 3:01pm
Quoting nimo
Forgive me for I do not know what you were talkingMy tongue is not goodGood luck
I was referring to falcon's chart. 1400, 1450 are just, as they say, big round numbers. Price action is all that matters .... and how that relates to EW and fibs are my priority.

What you posted is fine. Time and price.

And a reason and not just ...... oh well because.
  • #23,755
  • May 30, 2013 4:17pm May 30, 2013 4:17pm
My view on gold
Attached Image (click to enlarge)
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If you think you can or cannot do it you are correct
  • #23,756
  • May 30, 2013 6:51pm May 30, 2013 6:51pm
is anybody there who still thinks gold will go down ?
  • #23,757
  • May 30, 2013 6:58pm May 30, 2013 6:58pm
Quoting iahmedz
is anybody there who still thinks gold will go down ?
Yep! I'm still shooting for $1,050 or so in the coming months...
  • #23,758
  • May 30, 2013 7:28pm May 30, 2013 7:28pm
When is more important than up or down. Price is always doing that.
  • #23,759
  • May 30, 2013 7:31pm May 30, 2013 7:31pm
best of luck.... I took short now at 1416.38 but I will close it soon, will not wait for long time

Quoting 100PipsADay
{quote} Yep! I'm still shooting for $1,050 or so in the coming months...
  • #23,760
  • May 30, 2013 9:27pm May 30, 2013 9:27pm
possible............. but it will take nearly 2-3 years to do so.....
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