XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1491 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD, Silver/USD

Similar Threads

Gold futures & XAU 78 replies

GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies

Daytrade - XAU/USD & XAG/USD 14 replies

XAU/JPY & XAG/JPY 13 replies

Successful XAU/USD traders 7 replies

Attachments: XAU/USD & XAG/USD - Gold & Silver Traders Thread
Exit Attachments

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

  • #29,801
  • Dec 6, 2013 4:12am Dec 6, 2013 4:12am
Hi guys ,
Good economic results released in America negatively affected the price of gold which again approached the lowest level since July this year. Strong dollar is a higher probability that the Fed will soon begin to reduce the program to purchase bonds adversely affect the price of gold which the market acts as a protection against inflation. here is my opinion :

SHORT 1229.00 1st target 1225.00 2nd target 1221.00



 

  1. Post 25
  2. Cleanup
  3. Quote
  4. Edit
  5. Last Post: Dec 6, 2013 1

  • #29,802
  • Dec 6, 2013 4:14am Dec 6, 2013 4:14am
If prices rise above 1230.00 then a possible further increase in 1234.00
  • #29,803
  • Dec 6, 2013 4:28am Dec 6, 2013 4:28am
Here's something that that some will like to see with geometry: If the both trend lines are broken, gold goes down. As long as the pattern holds, we are going long in gold.
MT4 patterns.
Attached Image
Attached Image

Attached Image
Attached Image
You win, you lose. All else is history. The future does not exist.
  • #29,804
  • Dec 6, 2013 4:49am Dec 6, 2013 4:49am
Another shape to add to your MT4 charts. Very interesting stuff.
Attached Image
You win, you lose. All else is history. The future does not exist.
  • #29,805
  • Dec 6, 2013 5:04am Dec 6, 2013 5:04am
Strong buy signal: @11h15 to 11h45 on 1min chart Stop 1226.90 entry 1229.2
You win, you lose. All else is history. The future does not exist.
  • #29,806
  • Dec 6, 2013 5:08am Dec 6, 2013 5:08am
Upside side break, or downside? Get your votes in lol.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm15.png Size: 73 KB
insideBars==boss
  • #29,807
  • Dec 6, 2013 5:29am Dec 6, 2013 5:29am
Critical breaking point here by geometry. 12h00 GMT will tell. Get your bid in now. IMO the weakness is wrong. Could drop then move north. There is definitely potential for 1250 to 1300 move. If market goes south looking at 1210 or maybe a little lower.

If price breaks lower than 1226.99. get out of longs.

Update: Going south. Broke the patterns.
You win, you lose. All else is history. The future does not exist.
  • #29,808
  • Dec 6, 2013 5:43am Dec 6, 2013 5:43am
Quoting The Rhodie
Critical breaking point here by geometry. 12h00 GMT will tell. Get your bid in now. IMO the weakness is wrong. Could drop then move north. There is definitely potential for 1250 to 1300 move. If market goes south looking at 1210 or maybe a little lower. If price breaks lower than 1226.99. get out of longs. Update: Going south. Broke the patterns.
Not yet.have a close eye.imo
  • #29,809
  • Dec 6, 2013 5:57am Dec 6, 2013 5:57am
What say about the following chart Rhodie? Full marks on my geometry or not?

Based on this pattern we should have a breakout as soon as today and as latest as Monday. For now, downside could be limited to 1212-1218 area while upside capped between 1240-1250.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Dec. 06 15.55.gif Size: 20 KB
Trends I Love Finding
  • #29,810
  • Dec 6, 2013 5:58am Dec 6, 2013 5:58am
Quoting The Rhodie
Strong buy signal: @11h15 to 11h45 on 1min chart Stop 1226.90 entry 1229.2
Levels and timing a BIT off, but thanks for the 10 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gold 6 Dec.jpg Size: 48 KB
  • #29,811
  • Dec 6, 2013 6:02am Dec 6, 2013 6:02am
Here is another one, not sure if Rhodie has posted before. Need your comments Rhodie. According to this one, critical moment will be mix next week, when price slips out of this ellipse. Also, if we are to move out, then Gold will not sustain under 1210.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_03 Dec. 06 16.01.gif Size: 21 KB
Trends I Love Finding
  • #29,812
  • Dec 6, 2013 6:10am Dec 6, 2013 6:10am
Quoting The Rhodie
Another shape to add to your MT4 charts. Very interesting stuff.{image}
Hi Rhodie

Is the Trend line is correct, I think some thing is missing as per your parameter
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
Tamizhan
  • #29,813
  • Dec 6, 2013 6:13am Dec 6, 2013 6:13am
Dear All,

Please suggest me a good book regarding the Trend line, ellipse, and other shapes studies

Please provide me if you have one

Thanks
Tamizhan
  • #29,814
  • Dec 6, 2013 6:14am Dec 6, 2013 6:14am
Quoting Tilf
What say about the following chart Rhodie? Full marks on my geometry or not? Based on this pattern we should have a breakout as soon as today and as latest as Monday. For now, downside could be limited to 1212-1218 area while upside capped between 1240-1250. {image}
IDK, the price level must be equal to be valid. Adjust that and then you can ask again.
You win, you lose. All else is history. The future does not exist.
  • #29,815
  • Dec 6, 2013 6:15am Dec 6, 2013 6:15am
Quoting Mahapathy
Dear All, Please suggest me a good book regarding the Trend line, ellipse, and other shapes studies Please provide me if you have one Thanks

As far as I know, there isn't one. I don't know if anyone has done one, but you can look on Amazon.com for it. Geometric studies are done in high school, usualyy. THis is how to apply it in the real world.
You win, you lose. All else is history. The future does not exist.
  • #29,816
  • Dec 6, 2013 6:21am Dec 6, 2013 6:21am
Quoting Mahapathy
{quote} Hi Rhodie Is the Trend line is correct, I think some thing is missing as per your parameter {image}

yes, the time frame is 15 mins, not 30m.
You win, you lose. All else is history. The future does not exist.
  • #29,817
  • Dec 6, 2013 6:30am Dec 6, 2013 6:30am
Quoting Vachus
Sliver ... do 18.99 or kill the trend and reverse back ! These are very valubable minutes ! Another 5 min lower shadow could encourage some buying ! I'm waiting to see
The bounce off 18.97 could suggest heavy buying near/ profit taking at the number, however i'm not planning to chase Sliver at higher rate ...

my trade plan:

Wait for the area between 19.14 -->19.0X to see the reaction, if the commodity planning on reaching higher it should happen for there
"It's the Margin, Stupid."
  • #29,818
  • Dec 6, 2013 6:30am Dec 6, 2013 6:30am
Next stop 1226.?????????
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm1.png Size: 35 KB
Money Makes Money
  • #29,819
  • Dec 6, 2013 6:39am Dec 6, 2013 6:39am
Is everyone suited up and got there crash helmets on ?
  • #29,820
  • Dec 6, 2013 6:40am Dec 6, 2013 6:40am
BE CAREFULL!!!

USD/CHF H4 CHART

Today is the "DAY OF ROCKET" to the sky
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfh4.png Size: 43 KB
39 traders viewing now