XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1335 | Metals Mine

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

  • #26,681
  • Oct 16, 2013 8:56am Oct 16, 2013 8:56am
Looks like dumping gold for Dow
All's fair in love and trading
  • #26,682
  • Oct 16, 2013 9:00am Oct 16, 2013 9:00am
Quoting Markmania
Gold is going wacko. Is there some news item I am not hearing?
Nothing wacko about not being able to break strong resistance:
Attached Image (click to enlarge)
Click to Enlarge Name: XAU resistance.png Size: 36 KB
  • #26,683
  • Oct 16, 2013 9:08am Oct 16, 2013 9:08am
Quoting monman
{quote} I dont think so... More time to reach agreement does not mean the strengthening currency. IMO Quite the opposite - Longer time when it is not clear... I wrote earlier I will buy around 1260 with SL 1250 and TP1 1301
I am not sure too . Cox i am being long here . Just now sure we will meet at 1200 or not . =]
  • #26,684
  • Oct 16, 2013 9:34am Oct 16, 2013 9:34am
Quoting twinklestars
and thie newbie here put up buy and sell at the same time due to confusing situation

you are the best trader is guess .................
  • #26,685
  • Oct 16, 2013 9:59am Oct 16, 2013 9:59am
watching PA trying to break below 1270 is turning my eyes into raisins in the sockets...
cryptocurrency everytime
  • #26,686
  • Oct 16, 2013 10:06am Oct 16, 2013 10:06am
I don't care why gold down because I hope my EA:

Channel 1 (Blue) & 2 (Yellow) StdDev (M30) target
Attached Image (click to enlarge)
Click to Enlarge Name: M30Gold.jpg Size: 232 KB
MQL4, Amibroker
  • #26,687
  • Oct 16, 2013 10:10am Oct 16, 2013 10:10am
"Now go forth and dance with the markets!" they told me.

This PA is more like trying to get your drunk buddy down the stairs and on the couch... turn your back and he's climbing the stairs again.
cryptocurrency everytime
  • #26,688
  • Oct 16, 2013 10:24am Oct 16, 2013 10:24am
"That's OK, buddy, you don't have to sleep on the couch - you can go sleep in the bathroom upstairs with your arm flung around the toilet..."

cryptocurrency everytime
  • #26,689
  • Oct 16, 2013 10:34am Oct 16, 2013 10:34am
Quoting razaali
{quote} you are the best trader is guess .................
Nah... thanks for praising me, but next time I will never ever do this anymore because the - (minus) is never ends
Now is at both side of my buy & sell
And nobody knows when it will hit around 1260. I hope it will be tomorrow so I can catch some zzz
  • #26,690
  • Oct 16, 2013 11:42am Oct 16, 2013 11:42am
inverse h&s setting up?
Attached Image
Don't have an ego. Always question yourself and your ability.
  • #26,691
  • Oct 16, 2013 12:18pm Oct 16, 2013 12:18pm
Quoting limprobable
{quote} Hello Xtrade, Why do you say that?

Perfectly great question and a simple answer.

A. The debt ceiling decision is supposed to be tomorrow.
YET, It could very well go on to NOVEMBER 1st for a concrete resolution.

B. we have been trading in the same 1200 / 1400 range for weeks now.

C. Gold is settled in USD.

Keep in mind the USGVMT has NO budget and no apparent resolutions to the age old conflict between democratic and republican Politicians.
OH and WE are still partially shut down.
BOTTOM LINE the USA is BROKE.

Things might get a bit crazy to come...
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,692
  • Oct 16, 2013 12:22pm Oct 16, 2013 12:22pm
Hey all these are from my great buddy "beeb" from across the pond - I'm in the US-

"Cxxxx – Hope you had a good break.....

Here’ s an updated GC 240 - note how price is stepping down the blue ”up escalator” all the way from the Upper Parallel touch..... First line to breach is green prior resistance at the quartile .....

http://www.screencast.com/t/4VeuO48XRDi

GC on P and F – note the downtrend

http://www.screencast.com/t/6r6tdZFM


Publish if you want

Ben
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,693
  • Oct 16, 2013 12:24pm Oct 16, 2013 12:24pm
Quoting SunTrader
{quote} Early in the day for this one but ... Did you read their question. Not that there really is an answer except: maybe yes maybe no.

yes, I was just telling them my thoughts, as I think it will move north.
  • #26,694
  • Oct 16, 2013 12:32pm Oct 16, 2013 12:32pm
Quoting XTrade
Hey all these are from my great buddy "beeb" from across the pond - I'm in the US- "Cxxxx – Hope you had a good break..... Here’ s an updated GC 240 - note how price is stepping down the blue ”up escalator” all the way from the Upper Parallel touch..... First line to breach is green prior resistance at the quartile ..... http://www.screencast.com/t/4VeuO48XRDi GC on P and F – note the downtrend http://www.screencast.com/t/6r6tdZFM Publish if you want Ben

hi XTrade, welcome back!
cryptocurrency everytime
  • #26,695
  • Oct 16, 2013 12:34pm Oct 16, 2013 12:34pm
Quoting RamsesII
inverse h&s setting up? {image}
Ramses,
thanks for the heads-up. The 1306 and 1310-1316 zones will cause reaction no doubt
cryptocurrency everytime
  • #26,696
  • Oct 16, 2013 1:14pm Oct 16, 2013 1:14pm
Quoting venzen
{quote} hi xtrade, welcome back!

thanks mate and welcome!!!!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,697
  • Oct 16, 2013 1:16pm Oct 16, 2013 1:16pm
Quoting SunTrader
{quote} Early in the day for this one but ... Did you read their question. Not that there really is an answer except: maybe yes maybe no.

AND WHAT is the ???? at hand here? Which way gold will go? maybe?

My answer 2 part:

No timely resolution - easily 1550 +
resolution= 1145 then straight back to 1350
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,698
  • Oct 16, 2013 1:20pm Oct 16, 2013 1:20pm
Quoting venzen
{quote} Ramses, thanks for the heads-up. The 1306 and 1310-1316 zones will cause reaction no doubt
venzen, if you search a bit or look back a few pages we just failed an ugly INV H&S.

But I would love to see the potential on the new one.

Oh an for ST ---- STRAIGHT MANIPULATION.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #26,699
  • Oct 16, 2013 1:44pm Oct 16, 2013 1:44pm
I am long on Gold since 1255, the basic thinking are as below.
1. Enlarge the 10cents printed note 1000 times into Gold.
2. USD has lost certain degree of it credibility.
Face both Win and Lose bravely
  • #26,700
  • Oct 16, 2013 1:46pm Oct 16, 2013 1:46pm
Quoting KiwiOz
{quote} There is nothing DeMark about your chart. cheers.
yes, its obvious now ...
Attached Image (click to enlarge)
Click to Enlarge Name: gold1710.png Size: 24 KB
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