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

I think 'danc' is asking do you suppose the price is heading to 19-- territory?

Im not sure about these metals going anywhere too far until a breakdown of the USD but i think 1250 on XAU is a bottom shouldnt be down much below that

Ah now I get it...there is a misunderstanding,I am talking about XAG here

Oh you mean XAG heading to 19.7 - 20.0 region

Gold prices are expected to test $1302 (20 EMA) and $1298 (40 EMA) should the yellow metal trades below resistance turned support line.

Yes,but not expecting it to break 20

Hi Fellas, anyone have any clue what the values could represent in the image on the tick chart (only on mt5)
This i guess is a value of units transacted so 230000 would be 2.3 lots
Now when watching it, it can over time be seen some bigger values over 4 lots pushing price up, but then later small values are seen and price is falling, so with that said i understand not only market orders move price, so do limit orders which wont be seen on the tick chart

If your wondering where the value is, look at the cross hair, it shows price, time and volume
XAU shows the same but with a dozen more ticks so its very hard to keep a track, my eyes and brain get tired after a minute. But any insight into this would be appreciated.
I think its interesting that mt4 does not have this, also mt5 has depth of market which is posted in next image

depth of market which mt4 does not have..
anyone know if its of any use

Gold Spot

IB

As can be seen in the images above, red trend lines could be useful for support, ill look to buy 19.3 area

An observation i made whilst watching this depth of market tab, is the sell side has had a higher number for over the last 20 min, (in the image its the 210000 value with blue background) im guessing there is more liquidity to the sell side as the liquidity providers are not willing to offer to near the current ask (buy)

Regards,

DRT

my TP1 @1318.77 , TP2 @1322.77 , SL manual = http://screencast.com/t/zDrpZK45wI5Q

Im long gold.
what are your views in the daily chart?

gold

my TP1 @1318.77 , TP2 @1322.77 , TP3 @1327.77 , SL on manual = http://screencast.com/t/ZdnIbKAR

entries @1313.77

XAUUSD...Beatiful bearish divergence
XAGUSD... Beatiful bearish ABCD pattern

All beatifull

Venceremos

mebbe Not much manipulations this time

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Venceremos

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hi spino , R these shortTerm trades from u ? --- mine max 24 hrs

hi dude,

I havent opened any position... i just wrote what i saw in my charts...

if you see my trade explorer i have a pain on my ass regarding the Gold and a couple of pairs in the last two days...

we will see

In a mean time
Belive in Go(l)d

A bit risky to trade ahead of Yellen Testimony on an asset that will have high volatility!