XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1737 | 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

  • #34,721
  • Jan 26, 2016 11:12am Jan 26, 2016 11:12am
Next target is supposed to be 1200. Bullish now
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 186 KB
  • #34,722
  • Jan 26, 2016 11:31am Jan 26, 2016 11:31am
I doubt it will reach 1200 overnight but I do agree that the trend is bullish for the moment at least. Short term target is around 1130 I think.
  • #34,723
  • Jan 26, 2016 1:25pm Jan 26, 2016 1:25pm
Quoting openyoureyes
{quote} IMHO just intraday PA, resistance point; so it is more volatile here... just my thoughts. I don't expect a breakout top. short TP1: 1108 TP2: 1080
worst timing ever I must say...

LOL
  • #34,724
  • Jan 27, 2016 3:34pm Jan 27, 2016 3:34pm
Another little push higher today. I wonder where the next resistance is...
  • #34,725
  • Jan 27, 2016 10:13pm Jan 27, 2016 10:13pm
Final Target changed as month end coming.
Attached Image (click to enlarge)
Click to Enlarge Name: Xauusd4.PNG Size: 35 KB
  • #34,726
  • Jan 28, 2016 3:20am Jan 28, 2016 3:20am
A friend of mine which works for a famous investment firm in Hong Kong says their firm sees Gold climbing from here with a target of 1160 by end of next month
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 155 KB
  • #34,727
  • Jan 28, 2016 4:03am Jan 28, 2016 4:03am
I came across this

"Barclays says China's PBOC may buy 215 tons of gold in 2016"
http://news.forexlive.com/!/barclays...-2016-20160127

http://stockcharts.com/articles/deci...ator-lost.html
posted here http://www.forexfactory.com/showthre...36#post8711836
  • #34,728
  • Feb 1, 2016 12:13am Feb 1, 2016 12:13am
Quoting stylinex
A friend of mine which works for a famous investment firm in Hong Kong says their firm sees Gold climbing from here with a target of 1160 by end of next month {image}
Agree IMHO but I'll wait NFP news on next friday ....
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #34,729
  • Feb 2, 2016 7:22am Feb 2, 2016 7:22am
Quoting Karpa
I came across this "Barclays says China's PBOC may buy 215 tons of gold in 2016" http://news.forexlive.com/!/barclays...-2016-20160127 http://stockcharts.com/articles/deci...ator-lost.html posted here http://www.forexfactory.com/showthre...36#post8711836
My source said they are buying Gold now which is why Gold is climbing now. Target price of 1160 I mentioned before should hit followed by possibly 1200
  • #34,730
  • Feb 2, 2016 7:44am Feb 2, 2016 7:44am
Quoting stylinex
{quote} My source said they are buying Gold now which is why Gold is climbing now. Target price of 1160 I mentioned before should hit followed by possibly 1200
Good to know, stylinex
thanks for commenting
  • #34,731
  • Feb 2, 2016 11:51am Feb 2, 2016 11:51am
My source (a daily chart of Shanghai Gold Exchange trading) says volume is nothing unusual (actually down the last week or so) while price is at the top of Boll Band. BTW volume for Jan'16 was also basically the same as Dec'15.
Attached Image (click to enlarge)
Click to Enlarge Name: SG vol.png Size: 59 KB
  • #34,732
  • Feb 4, 2016 1:20am Feb 4, 2016 1:20am
1143 now on way to target price of 1160
  • #34,733
  • Feb 4, 2016 2:45am Feb 4, 2016 2:45am
Are you thinking about that? Алт энэ хүрнэ гэвэл ямарав? 1 цаг дээр
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH1.png Size: 21 KB
  • #34,734
  • Feb 4, 2016 4:06am Feb 4, 2016 4:06am
Quoting Sitkhi
Are you thinking about that? Алт энэ хүрнэ гэвэл ямарав? 1 цаг дээр{image}
Have no clue what you are trying to say or get at..
  • #34,735
  • Feb 4, 2016 7:16am Feb 4, 2016 7:16am
1150 now
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 336 KB
  • #34,736
  • Edited 12:18am Feb 5, 2016 12:06am | Edited 12:18am
XAUUSD corrective force still in play, at the tail end of corrective wave (b) red.
Setting up for the last leg down of ending diagonal c red, with tight SL @ invalidation of upper channel line.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD 5Feb16b.png Size: 54 KB


Setup shorts from 1158.00 on H1 chart:
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD 5Feb16a.png Size: 58 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #34,737
  • Feb 5, 2016 2:08am Feb 5, 2016 2:08am
Selling XAUUSD at 1155.14

Some pictures of #GLD SPDR Gold Shares which is fully correlated with XAUUSD:

#GLD H12
Attached Image (click to enlarge)
Click to Enlarge Name: #GLDH12.png Size: 55 KB

Ichimoku is trending down
ADR Weekly is overbought
Price is far from COG
stepftvcprdl may bounce on the magenta line

#GLD Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Jupiter - Saturn cycle lines.jpg Size: 137 KB

Price may bounce on Jupiter - Saturn cycle lines

Have a nice friday.
QChartist is a free technical analysis software.
  • #34,738
  • Feb 5, 2016 2:18am Feb 5, 2016 2:18am
Quoting skyhok
XAUUSD corrective force still in play, at the tail end of corrective wave (b) red. Setting up for the last leg down of ending diagonal c red, with tight SL @ invalidation of upper channel line. {image} Setup shorts from 1158.00 on H1 chart: {image}
That is a big drop you are seeing there..
  • #34,739
  • Feb 5, 2016 4:25am Feb 5, 2016 4:25am
Quoting stylinex
{quote} That is a big drop you are seeing there..
The requirement of the 5th leg of an ending diagonal is at least 100% of 3, that brings this wave v target at least below 1031.
Elliott Wave for optimum entry, exit and risk management of trades
  • #34,740
  • Feb 5, 2016 5:02am Feb 5, 2016 5:02am
Hi Skyhok Looking at the same sort of view as you 1160.50 or a little Higher unless big upset with USD data

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 60 KB
​
123 traders viewing now