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

Quoting gold-analyst

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not sure, if anyone really reads and takes this forum seriously or is it just me writing and wrting{quote}

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Quoting Tcharq

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And what happens if you're wrong? I just sold at 1232. Trading is not about proving yourself right. It's about making money. Target 1192.

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Quoting Aa1969

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you are good ASSET for us (gold analyst)

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Quoting gold-analyst

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well i never said i am right 100% all the time but probably better than some in analysing gold. but if anyone has time analysing what i said and did it really happpen then it proves {quote}

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Quoting gold-analyst

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as i am new here and i dont have subscribers so i thought no one really rads my post{quote}

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Quoting Tcharq

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{quote} Dollar is getting strong. Your analysis lacks that piece of information. Sold even more at 1235.

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Quoting Tcharq

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Resistance is futile. Give up XAU! You're worthless {image}

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Quoting gold-analyst

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well time will tell where gold would head up to. not in the trade but yes i dont care about usd strength when there are buyers {quote}

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Quoting edyraper

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silver wants 16.22 it may help gold bulls in st. {image}

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Quoting edyraper

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{quote} 1243 got hit ... possible L at 1215 for 1289 ... I'm bearish on longer term but I need to find some small setups for shorts first , there is small bullish momentum I need 1215 to long without it looking to shorts before 1289 probably 1286 without 1215 could be short level for 1215 possbile dead cat in oil may help gold drop after 1289 (1300+-) brent has 41 valid target 56ish as a dead cat so possible drop in gold won't be surprise , I need 1289 after 1215 to look for shorts overall weekly 1260-1140 is chop zone shorting at highs won't hurt...

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Quoting edyraper

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{quote} ​ {quote} ​ {quote} {quote} 1243 was target after 1202 without LL , now 1215 is same thing with target of 128x if it drops below 1202 voids 128x target , chance to short for 1215 was around 1243 already far away , usdjpy bounce and eurusd dropping not helping gold bulls , I may be wrong about 1215 and 128x will be watching to bid and BE it after ...

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Quoting choubaka

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In the long term, I remain bullish gold but.... the short term looks like a correction needs to be done. MACD crossed and RSI is slowly going down.

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Quoting wibie g

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{quote} Hi SRT, Firstly, I like to say many thanks for your input above. Really appreciate it..! ----- Secondly, on the matter of 'Good Opportunities' Days (GODs). What I meant by that was the Trading System is able to give the recommendation 'TO TRADE' or 'NOT TO TRADE' before a trading day starts. Therefore, we could AVOID the 'Bad Opportunities' Days (BODs) all together.. At least, not by using the system.. We could still exploit BODs using different systems, but that's a different ball game of course .. . Hence, when I presented the 70/258 Days...

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Quoting edyraper

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{quote} could you please explain how gold is bullish in longer term ? in techs or fundies ? ...

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Quoting Pip-Miner

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{quote} whats your move now? , today will indicate lots if it cant break 1243, 1253 its in a slow retrace down

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Quoting srt

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{quote} Hi Wibie G, Thanks for the clarification :-) If your system has a good profit potential on 70 days a year then it's worth pursuing but you'd have to trade pretty heavy on those days if that's your only system. You might want to find an additional system or have plenty of "hobbies" for the "no-trade" days :-) Take the minimum $$$ amount you'd want to make in a year & divide by 70 to see how much you'd need to make each "trade day". I'm just guessing the system uses some indi such as ADX to trade only when the market is either trending or...

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