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

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

#33,901
Oct 14, 2014 3:14am Oct 14, 2014 3:14am

Ranjeet1488
| Joined Nov 2013 | Status: Trader | 137 Posts

Welcome back XT!!!

This thread will be now alive and kicking :-)

#33,902
Oct 14, 2014 4:15am Oct 14, 2014 4:15am

Bo_fajer
| Joined Feb 2012 | Status: Trader | 109 Posts

welcome xt its been a LONG time

#33,903
Oct 14, 2014 3:26pm Oct 14, 2014 3:26pm

niconm
| Joined Nov 2013 | Status: Trader | 15 Posts

Really amused to have you back XT!
This thread was absolutely nothing without you.
Hope you enlight us again with your solid analysis in XAU & XAG.
Cheers!

#33,904
Oct 14, 2014 3:30pm Oct 14, 2014 3:30pm

ssaqeel
| Joined Jul 2009 | Status: Trader | 600 Posts

wb XT good to have you back.

#33,905
Oct 30, 2014 2:08pm Oct 30, 2014 2:08pm

skyhok
Joined Feb 2014 | Status: Trader | 1,796 Posts

XAGUSD silver long term.

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Elliott Wave for optimum entry, exit and risk management of trades

#33,906
Nov 1, 2014 8:21am Nov 1, 2014 8:21am

Basement
| Joined Feb 2013 | Status: Trader | 124 Posts

Surprising it's so quiet since 1180 has been taking out.

What peoples views for Monday/next week?

I think 1175-1178 will act as resistance before a move down.

Trade with what you see, not what you feel.

#33,907
Edited 5:30am Nov 2, 2014 5:08am | Edited 5:30am

longshot_nl
Joined Jan 2010 | Status: .... | 3,910 Posts

My count is a bit different.

edit: i just decided i prefer this one:

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#33,908
Nov 2, 2014 6:50am Nov 2, 2014 6:50am

KiwiOz
| Commercial User | Joined Sep 2013 | 2,500 Posts

Quoting longshot_nl

Disliked

My count is a bit different. edit: i just decided i prefer this one: {image}

Ignored

At last. Someone else gets it right.

Money Makes Money

#33,909
Nov 4, 2014 1:28am Nov 4, 2014 1:28am

longshot_nl
Joined Jan 2010 | Status: .... | 3,910 Posts

If my count is correct we can be sure price will go below $10/ounce.
This is because wave 5 with silver cannot be the shortest.

#33,910
Edited 4:13pm Nov 5, 2014 4:01pm | Edited 4:13pm

longshot_nl
Joined Jan 2010 | Status: .... | 3,910 Posts

Getting more bearish all the time.. speculating about last wave.
Wave 5 cannot be the shortest.
I believe it could even reach $5.
If price spikes to 10 or below i will re-evaluate.
This is my educated guess for now.

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#33,911
Nov 5, 2014 5:59pm Nov 5, 2014 5:59pm

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

In Elliott Wave Theory wave 3 CANNOT be the shortest. And either wave 1 or wave 5 CAN BE the shortest.

#33,912
Nov 6, 2014 11:42am Nov 6, 2014 11:42am

longshot_nl
Joined Jan 2010 | Status: .... | 3,910 Posts

Quoting SunTrader

Disliked

In Elliott Wave Theory wave 3 CANNOT be the shortest. And either wave 1 or wave 5 CAN BE the shortest.

Ignored

With currency pairs: yes
With commodities: I will look it up.

#33,913
Nov 6, 2014 11:57am Nov 6, 2014 11:57am

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

Look it up.

But I have never heard - wave 5 can't be the shortest - in any tradable market.

Note Elliott himself only used his wave counts on the Dow. So everything else that followed was added by others over time.

I think what you are confusing is thatwith commodities a wave 5 in a blow off top can be an extended wave beyond wave 3. But if that is the case then that just means wave 1 would be the shortest.

#33,914
Nov 6, 2014 11:58am Nov 6, 2014 11:58am