XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1472 | Metals Mine

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

  • #29,421
  • Nov 29, 2013 8:07am Nov 29, 2013 8:07am
I expect gold to move up @ 14:08 GMT. Odd, but there's something about this move that has me interested.
You win, you lose. All else is history. The future does not exist.
  • #29,422
  • Nov 29, 2013 8:16am Nov 29, 2013 8:16am
Quoting The Rhodie
I expect gold to move up @ 14:08 GMT. Odd, but there's something about this move that has me interested.
A little change in the market sentiment that more favor bullish, CHina strong gold import and support found 1244 this morning after "some guy" try to move gold down with two large orders.
  • #29,423
  • Nov 29, 2013 8:33am Nov 29, 2013 8:33am
Something happened at 14:08. Gold looks like it wants to rally up here dramatically. I cannot put my finger on it exactly, but patterns are converging on that time point and the fib levels are right on cue. something has to break and this is that point, I'm 80% certain it will either go down gently or rapidly climb higher.
You win, you lose. All else is history. The future does not exist.
  • #29,424
  • Nov 29, 2013 8:40am Nov 29, 2013 8:40am
i think it will break 1254 before market close today
LUCKY golden trades, LUCKY gold investor trading style
  • #29,425
  • Nov 29, 2013 8:43am Nov 29, 2013 8:43am
Quoting fx4money
i think it will break 1254 before market close today
I was considering that it may even be 1274... that's more like what this move makes me think is possible, but there's no telling until afterwards. it's a sneaking suspicion.
You win, you lose. All else is history. The future does not exist.
  • #29,426
  • Nov 29, 2013 9:03am Nov 29, 2013 9:03am
Oil just print a new session high, back to range 93-95.
  • #29,427
  • Nov 29, 2013 9:12am Nov 29, 2013 9:12am
Quoting LarryLU
Oil just print a new session high, back to range 93-95.
Congratulations and Good Luck to you. I closed it earlier, take little profit on it.
  • #29,428
  • Nov 29, 2013 9:12am Nov 29, 2013 9:12am
Quoting The Rhodie
I expect gold to move up @ 14:08 GMT. Odd, but there's something about this move that has me interested.
This is working so far. Any longs purchased on a pullback from here may actually work if gold really breaks high. S&P is going north with gusto. OLE!
You win, you lose. All else is history. The future does not exist.
  • #29,429
  • Nov 29, 2013 9:18am Nov 29, 2013 9:18am
Quoting hamidshah.pk
{quote} Congratulations and Good Luck to you. I closed it earlier, take little profit on it.
You should hold.... I am targeting 95-97. Actually I plan to stay bullish on Oil until end of December. Maybe sell at high and then reload several times in the middle.
  • #29,430
  • Nov 29, 2013 9:28am Nov 29, 2013 9:28am
Looks like few long covering @ 1255, we may see a new high @ 1260
  • #29,431
  • Nov 29, 2013 9:29am Nov 29, 2013 9:29am
Quoting TheArcher
{quote} nice observation.
thank you archer, looks like it turns out (this time)
just do it
  • #29,432
  • Nov 29, 2013 9:30am Nov 29, 2013 9:30am
Quoting LarryLU
{quote} You should hold.... I am targeting 95-97. Actually I plan to stay bullish on Oil until end of December. Maybe sell at high and then reload several times in the middle.
What does ur chart says, either it will take a dip or not.
  • #29,433
  • Nov 29, 2013 9:34am Nov 29, 2013 9:34am
Quoting hamidshah.pk
{quote} What does ur chart says, either it will take a dip or not.
My chart shows the Nov 27th is a test of support line linking two lows at 6/27/2012 and 4/18/2012. Also December is usually a strong month for oil, more consumption as close to Christmas. If you look back from 2000-2012, you can find almost every year Oil rally in December.

I am not a expert trading Oil, just a probability game.
  • #29,434
  • Nov 29, 2013 9:35am Nov 29, 2013 9:35am
This is the 1st time I have been bang on time and level for a trade. It turns out that this could possibly br a turning point for gold to possibly go north. The bears still have a case, but I'm not so sure any more.
You win, you lose. All else is history. The future does not exist.
  • #29,435
  • Nov 29, 2013 9:38am Nov 29, 2013 9:38am
Quoting LarryLU
{quote} My chart shows the Nov 27th is a test of support line linking two lows at 6/27/2012 and 4/18/2012. Also December is usually a strong month for oil, more consumption as close to Christmas. If you look back from 2000-2012, you can find almost every year Oil rally in December. I am not a expert trading Oil, just a probability game.
Thank dear. Very valuable comments.
  • #29,436
  • Nov 29, 2013 9:41am Nov 29, 2013 9:41am

Friday


CME - Interest Rate, FX, Commodities close at 1200CST (1800GMT), Equity products close at 1215CST (1815GMT)

NYSE – Early close at 1200CST (1800GMT)

NYMEX – Early close at 1230CST (1830GMT)

COMEX – Early close at 1130CST (1730GMT)


Electronic Trade

Equity – Early close at 1215CST (1815GMT)

Interest Rate – Early close at 1215CST (1815GMT)

FX – Early close at 1215CST (1815GMT)

NYMEX and COMEX – Early close at 1245CST (1845GMT)

  • #29,437
  • Nov 29, 2013 9:43am Nov 29, 2013 9:43am
Dont forget the trading will close early today.

Short S&P for overbought, target little pips
  • #29,438
  • Nov 29, 2013 9:49am Nov 29, 2013 9:49am
If we close at highest price in the week, it could mean a lot to next week, probably see a correction.
  • #29,439
  • Nov 29, 2013 9:56am Nov 29, 2013 9:56am
Quoting gold is life
Well I am newbie and here to know about this forex world. I have been constantly reviewing this thread and foud interesting for trading except few buying and selling signals without any fundamentals, technicals or charts. I enjoy reading the analysis of others and want to know that from where should I initially start to learn from. Also can anyone please tell that if in Meta Trader 4, while trading Gold, if volume increases by 1, what does this means? a little bit confusion lies in my mind regarding this that if ! volume is increased, does that...
XTrade: can you please help me in this manner?
  • #29,440
  • Nov 29, 2013 10:03am Nov 29, 2013 10:03am
Gold may go short from here. @1253.80
You win, you lose. All else is history. The future does not exist.
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