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

Quoting venzen

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Right, Gold in a triangle. Let's go... There is not enough evidence (for my analysis) to say that Gold is definitely in a triangle chart formation. If this is the early stages of triangle development then we can extrapolate what the potential structure and outcomes may be, as well as the points of failure that will invalidate the idea. Firstly, an updated diagram showing the two types of structures that make a contracting "wedge" shape on our charts: {image} We know the structure in question is not a diagonal because a diagonal advances the existing...

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Quoting jimmij

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Are there any markets available online where gold is traded during weekend so that one can forecast what will happen on Monday?

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Quoting venzen

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{quote} hi Muntu & jimmij, well, you could try the "digital Gold" - Bitcoin - it trades all weekend and has reached the dizzy bubble high of $500/BTC a few minutes ago!

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Quoting venzen

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{quote} hi fxjay, glad to see you're learning the EW! wave C always has 5 waves, except when it's in a triangle where it has 3 waves. So up to your first label "5" would be wave C and then you have a correction and another 5 waves. So effectively you have wave C and then wave D and then wave E. All this is valid but the count would have to be changed to 1-2-3-4-5 (instead of a-b-c-d-e). Such a-b-c-d-e labels are always reserved for triangles (such as outlined in my previous 2 posts). However, depending on wave development, I might drop the idea...

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Quoting fxjay

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{quote} Hi venzen, thank you for your comment, actually I am assuming this wave C as a triangle at the moment, please see the attachement,thanks. {image}

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Quoting jimmij

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{quote} No, thanks, I do not understand this virtual "currency". Why should I buy bitcoin and not jimcoin or vencoin?

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Quoting auther

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{quote} Where do you check the price of Bitcoin ?

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Quoting XTrade

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Hi all, V- in your charts, this is Precisely the LOWER range triangle I was trying to describe last night,with the larger already on the weekly, yet too big - If I remember correctly it would suggest an end in 2015.too long. I like the one that presents the current "shrinking" range better using a UTL from the recent lows starting @ 1180 / 1200 or the older TL. {quote}

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Quoting XTrade

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Hey all - hope everyone had a nice weekend and if you want a nice laugh I posted almost 100 oxymorons in the thread a few pages ago. In any case, not sure what the discussion is, Yet, GOLD is BACK into the top "congestion" level, will she find support here and bounce up? on 1285 or fall towards 1280 for further decision. As I have been saying convictions will remain light, yet all the while swing and position traders are gathering up either lows to buy or highs to sell. Personally, and due to the discussion as of late, I am in favor of "almost definitely"...

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Quoting venzen

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{quote} hi mave, I don't understand macro economics as well as i'd like. Understanding bonds and their yield curves and the bond cycle is a "must-have" but i am a beginner in that knowledge. What i do know is that investors and central bankers view bonds with regard to a traditional cycle whereby bond yield rates increase and decrease over decades. The current rise in bond yields is premature - they are rising too fast too soon - and this spells danger for the bond market and the economy in general. The spread between the 1 year and 10 year Treasury...

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Quoting KiwiOz

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{quote} Hi Venzen. How do you attach more than one quote to a post.?? Cheers.

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Quoting Bumsfeld

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There are known knowns; there are things we know that we know.
There are known unknowns; that is to say, there are things that we now know we don't know.
But there are also unknown unknowns – there are things we do not know we don't know.

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Quoting Homer Simpson

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A fool and his money are soon parted. I would pay anyone a lot of money to explain that to me.

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Quoting venzen

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{quote} hi KO, you mean like this? {quote} and then a second one: {quote} wrap each quote in the following tags: {quote} but without the and tags - the editor is annoying adding those and i don't know how to get rid of them!

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Quote

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pasted here

Quoting XTrade instead of just having a<br /> [quote

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bracket closed

so again - click " button and bracketed words quote will appear with the end having a / slash. take " one and add=directly to the " and the name of the party as so

Quoting X T R A D E

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paste copy here.

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Quoting XTrade

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I am pissed too about something, I used to be able to take the web address of the kitco live charts, eg: 3 day line, LINK them, then any time any ONE refreshes the thread they are there and LIVE. I look back at old posts and see analysis with STILL LIVE CHARTS, that does NOT match up. Want the FRONT PAGE of this thread to have LIVE QUOTES! TWEE HELP! Anyway, to wrap quotes, just press the " button and cut and paste the quote in between these ---] paste here [ so it's like this {quote} then on the FIRST Quote if you want to and should give the person...

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Quoting KiwiOz

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{quote} Thanks mate will give it a go. I will conquer it eventually.........:nerd:NOT...

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Quoting XTrade

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I am pissed too about something, I used to be able to take the web address of the kitco live charts, eg: 3 day line, LINK them, then any time any ONE refreshes the thread they are there and LIVE.

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