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

GOLD WEEKLY CHART

(MELTING ICEBERG SHAPE)

We may see sudden drops to the 680-850 area. BE CAREFULL !!!

Now we get into the plot of the story... is it caught in the hedge or not?

you'll have to be somewhat more patient though before you will see the plot deploy, we are taking a rather large detour here it seems ...

Welcome.i save all my money for 10 year to buy.gold in my country is always deficit to people demands.

Really ? Did you even give this http://www.indexologyblog.com/2013/1...n-commodities/ a thought ?

The plot thickens. Does gold retrace to 61.8% before selling off or not? The twist in the day after LBMA shows that they don't want gold to go short just yet, so I imagine we will see some more action an hour before US open.


Listening to roses by Outkast. Reminds me of Gold's behaviour today...

[Verse One - Andre 3000]
Gold U.S.D! Gold U.S.D!
See Gold U.S.D all the guys would say she's mighty fine
But mighty fine only got you somewhere half the time
And the other half either got you cursed out, or coming up short
Yeah, now dig this, now even though
You'd need a golden calculator to divide
The time it takes to look inside and realize that
Real guys go for real down to TP's lines, yeah!

[Chorus- Repeat 2x]
I know you'd like to thank your sh*t don't stink
But lean a little bit closer
See that roses really smell like poo-oo-ooo
Yeah, roses really smell like poo-oo-ooo

[Verse Two - Andre 3000]
Gold U.S.D ! See gold's the reason for the word "b*tch"
I hope she's speeding on the way to the club
Trying to hurry up to get to some
Baller or singer or somebody like that
And try to put on her makeup in the mirror
And crash, crash, crash.. into a ditch! (Just Playing!)
She needs a golden calculator to divide
The time it takes to look inside and realize that
Real guys go for real down to Balance TP's, yeah!

[Chorus]

[Verse Three - Big Boi]
Well she's got a hotty body, but her attitude is potty
When I met her at a party she was hardly acting naughty
I said "Shorty, would you call me?"
She said "Pardon me, are you ballin'?"
I said "Darling, you sound like a prostitute pausing"
Oh so you're one them freaks, get geeked at the sight of an ATM receipt
But game been peeped, dropping names she's weak
Trickin' off this bitch is lost
Must take me for a geek a quick way to eat
A neat place sleep, a rent-a-car for a week, a trick for a treat
Now go on the raw bid, my analysis test is flawless
Regardless, we don't want to get involved with all them lawyers
And judges just to hold grudges in a courtroom
I wanna see ya support bra not support you!

[Chorus]

Better come back down to TP's
Gold, quit chasin' cars
What happens when the dough get so low
B*tch, you ain't that fine
No way.. no way.. no way

[Repeat 2x]
Crazy b*tch
B*tch, stupid a$$ b*tch
Old punk a$$ b*tch, old dumb a$$ b*tch
A b*tch is a b*tch, just a b*tch

What I see is sliver just make a new low. Weak dollar help gold strength a little bit so we dont see a new low on gold. So before the US session open, the trend should be bearish.

The Rhodie: I kinda like what you are doing ... be carefull though with technical analysis predicting too far ahead in the future though, it's best practiced somewhat 'in the moment' ...

Sort of like this divergence in sentiment in purple...?

yeah, that's exactly how it should not be done :-D it somehow always looks most bullish around the tops, I managed to do an add around the top here of the last hour and even managed to allmost miss the sell even though I was looking for one, it was put in rather extremely tricky having my eyes fooled ... well almost ...

expecting a slow market for the rest of the hour here, some people need the end of this hour to find out what exactly did happen there lol

turning into a high stakes poker game instead ...

What are the probabilities to see 1237 in the next usa hours session?

I can't believe it. 1221 has now become supprt instead of resistance. Is this now a temp bottom? Time will tell over then next few days.

they just raised the stakes of the game somwhat more here, very uncertain outcome now

looks like a long now ...

Probably the same probabilities as Bitcoin passes the value of gold.

this is the moment where experience beats any system unless you are willing to take out a microscope ...

Exactly. And here's where gold goes short again. it looks like a fracture is imminent.