XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1333 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD, Silver/USD

Similar Threads

Gold futures & XAU 78 replies

GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies

Daytrade - XAU/USD & XAG/USD 14 replies

XAU/JPY & XAG/JPY 13 replies

Successful XAU/USD traders 7 replies

Attachments: XAU/USD & XAG/USD - Gold & Silver Traders Thread
Exit Attachments

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

  • #26,641
  • Oct 15, 2013 2:09pm Oct 15, 2013 2:09pm
Fibo level around 1.288 ? possible target 1.235 ?
Attached Image (click to enlarge)
Click to Enlarge Name: h1.jpg Size: 122 KB
  • #26,642
  • Oct 15, 2013 2:13pm Oct 15, 2013 2:13pm
My take on gold

Attached Image (click to enlarge)
Click to Enlarge Name: gold fibs sell.png Size: 36 KB



Attached Image (click to enlarge)
Click to Enlarge Name: gold fibs buy.png Size: 44 KB
  • #26,643
  • Oct 15, 2013 3:05pm Oct 15, 2013 3:05pm
1 hour chart, target remain 1335
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 270 KB
  • #26,644
  • Oct 15, 2013 4:30pm Oct 15, 2013 4:30pm
Gentleman,

What time does the gold market open (GMT + 2)
  • #26,645
  • Oct 15, 2013 4:52pm Oct 15, 2013 4:52pm
Quoting Realm786
Gentleman, What time does the gold market open (GMT + 2)

in 8 minutes
  • #26,646
  • Oct 15, 2013 5:51pm Oct 15, 2013 5:51pm
Quoting KiwiOz
1235 & 1216 in my sights so long as we don't get a surprise spike up........ {image}

We got the UP but that's OK Bigger time frames are still very Bearish. However if Gold is to turn & head North again, it's now or never. 1110 is the main objective. The lesser possibility of Northbound is 1600.
Money Makes Money
  • #26,647
  • Oct 15, 2013 5:58pm Oct 15, 2013 5:58pm
Quoting TheArcher
Caution : DeMark L - Board KiwiOZ , Suntrader counting the chicken before they are hatched .... i know the second candle has not yet developed .... but if it does develop within the down trendline , will this be a valid DeMark candidate ? or have i got the DeMark concept mixed up ? {image}
Sorry mate. I was tucked up in bed when you posted. There is nothing DeMark about your chart. cheers.
Money Makes Money
  • #26,648
  • Oct 15, 2013 6:38pm Oct 15, 2013 6:38pm
Quoting TheArcher
is the Head and Shoulders still valid ? if so , will it hammer down 1251 forcefully ? or will 1251 be a solid support for launching up ? {image}
Still valid at this stage.........
Attached Image (click to enlarge)
Click to Enlarge Name: xauusddaily.png Size: 37 KB
Money Makes Money
  • #26,649
  • Oct 15, 2013 6:56pm Oct 15, 2013 6:56pm
Quoting KiwiOz
{quote} Still valid at this stage......... {image}

Kiwi,

on your chart, target is 1.200 area and lower. Am i right?
  • #26,650
  • Oct 15, 2013 7:06pm Oct 15, 2013 7:06pm
Quoting hbkarakas
{quote} Kiwi, on your chart, target is 1.200 area and lower. Am i right?
Targets on chart 1205 & 1125.......
Money Makes Money
  • #26,651
  • Oct 15, 2013 7:49pm Oct 15, 2013 7:49pm
Quoting fxjay
1 hour chart, target remain 1335 {image}

If FOMC holds QE until december or later, there is a great chance that gold will go to around 1500 mark.
  • #26,652
  • Oct 15, 2013 7:58pm Oct 15, 2013 7:58pm
As the current market situation was extremely positive for the commodities and specially Precious metals it wasn't able to rally. Looking at this, I think we are going to touch the lows sooner or later in the near term. Current situation in GOLD is fundamental based. According to me, it is taking its last breaths as my common sense say that neither Obama or the Republicans would like to be responsible for the could be crisis in their country. Imagine the same situation in your country, deal is not being completed, local media would have ripped the politicians apart by making harsh comments on them. And also, non of the politicians would have stopped that deal from being completed, as no one would have wanted to have their name written in history as the bad man who destroyed the local economy, and in the case of US, its global economy rather than local.
  • #26,653
  • Oct 15, 2013 8:02pm Oct 15, 2013 8:02pm
Check out last post on Double Bollinger band scalping system thread, it is about Gold chart. I asked question about 4 hour chart. I researching that system for trading Gold. So far i had a few good scalps by using that system.

http://www.forexfactory.com/showthre...49#post7028349
  • #26,654
  • Oct 15, 2013 8:04pm Oct 15, 2013 8:04pm
The Fed continued QE the whole time Gold has dropped from 2011. Why if they continue it much longer will it matter suddenly?
  • #26,655
  • Oct 15, 2013 8:08pm Oct 15, 2013 8:08pm
How are all the budding Gold and Silver traders doing?!?!?!
And the pros?

Been on vacation....

Back now.

I see we had a 3 month low recently...

I suppose in essence 1275 turned out to be a minor S/R level.
For NY we closed above....

US GVMNT still partially shut down.

I have a great post to me from "beeb" I want to publish...

I assume the thread is in good order?
Thanks,
XT-

PM me with any disarray.
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 18.png Size: 17 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,656
  • Oct 15, 2013 8:09pm Oct 15, 2013 8:09pm
Quoting monman
{quote} in 8 minutes
Spot or Futures?
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,657
  • Oct 15, 2013 8:10pm Oct 15, 2013 8:10pm
Quoting SunTrader
The Fed continued QE the whole time Gold has dropped from 2011. Why if they continue it much longer will it matter suddenly?
Good point, and the like, why will it matter if they cut bond buying, OOPS, that's QE!!!!!!!

Just another name for the none the wiser.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,658
  • Oct 15, 2013 8:12pm Oct 15, 2013 8:12pm
Quoting SunTrader
Sun so who needs a banning? Anyone?

Where is KADC?
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,659
  • Oct 15, 2013 8:14pm Oct 15, 2013 8:14pm
Quoting leedicky93
{quote} Sorry SunTrader , I am a new trader Rallying means going up . If it's then reverse will be when they done the deal . =]
Don't be sorry, welcome, you can learn here if you choose.

Gold is risky to new traders. I suggest the daily for your origin of all analysis, then things might make a bit more sense.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,660
  • Oct 15, 2013 8:15pm Oct 15, 2013 8:15pm
Personally, I think, after the Fed's dilly-dallying, markets will simply take a cue as when to move and NOT where to move (i.e., direction). QE taper or not, the pressure on the metal is downwards to 850-1000 before it bounces back to new highs >2000. Of course, I am looking at long-term here.....
The actual QE taper will simply trigger a temporary upward spike and a sell down afterwards....
63 traders viewing now