To Mr. Ranjeet,
you are basically flat on silver if I remember it was 20.80 yet have some gains on Gold.
Look at the Sunday Aussie/Asian session yet and if it looks like there is some follow through,
AND----- ONLY AND --> your account can hold it,
I would ride through London and into NY to see if 1300 gets cracked.
Also- you can set your Gold position to ENTRY + 3 USD or "BE" break even +3 for a small scalp if you cant ride the trades,
being that you are risking --- If I am not confusing you with someone else --- a large portion of your account,
no matter what happens, I would suggest taking some small profits ie: 3, 5 10 USD moves from your entry for gold,
and be wary of silver. Could have upside potential but is flat. Take a look at the Price Action on Friday.
below.
DEAD as a doornail.
you are basically flat on silver if I remember it was 20.80 yet have some gains on Gold.
Look at the Sunday Aussie/Asian session yet and if it looks like there is some follow through,
AND----- ONLY AND --> your account can hold it,
I would ride through London and into NY to see if 1300 gets cracked.
Also- you can set your Gold position to ENTRY + 3 USD or "BE" break even +3 for a small scalp if you cant ride the trades,
being that you are risking --- If I am not confusing you with someone else --- a large portion of your account,
no matter what happens, I would suggest taking some small profits ie: 3, 5 10 USD moves from your entry for gold,
and be wary of silver. Could have upside potential but is flat. Take a look at the Price Action on Friday.
below.
DEAD as a doornail.
Attached Image
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News