XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1747 | Metals Mine

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

  • #34,921
  • Feb 29, 2016 11:22pm Feb 29, 2016 11:22pm
Quoting edyraper
{quote} I needed 1215 before 1289 without LL(-1202) , now I'm waiting with BE+ nothing to do except taking of %50 off at recent highs , it may do double top and drop don't know, it has the target but in larget scale it has 97x target widely open which won't cancel with 128x that's why I did take the small setup ... usdjpy closer to the support 112.0x if bounce may help gold bears ... need to see, setup posted days ago before the fact 1215 was normal retrace which I have called at highs for bids , and now 1215 is $30 away ... I may be wrong ...
harmonic recognition system got this going to 1250 then dropping to 1211, 1191, 1165, consistent with my 1253 resistance point and usdjpy seems to be holding at 112 like you mentioned - my gold expert friend thinks similar slow retrace with top 1280 max so will pound this with shorts starting at 1245 -1280
  • #34,922
  • Mar 1, 2016 1:27am Mar 1, 2016 1:27am
come on gold make it a challenge for me you cant even breach 1253 , your a little girl
  • #34,923
  • Mar 1, 2016 4:52am Mar 1, 2016 4:52am
The Last Kiss! 1248 touched. Burned few positions. 70% still running.

~1190 still remains as target.

Attached Image (click to enlarge)
Click to Enlarge Name: Xau2.png Size: 89 KB
Let the market decide!
  • #34,924
  • Mar 1, 2016 6:42am Mar 1, 2016 6:42am
Dollar is about to explode, can you feel it in the air?

(Decisions based on intuition aren't the way to go!) But I guess this is FF style!
Let the market decide!
  • #34,925
  • Mar 1, 2016 7:26am Mar 1, 2016 7:26am
i just enetered small short with stop loss @1250
  • #34,926
  • Mar 1, 2016 7:34am Mar 1, 2016 7:34am
Quoting gold-analyst
i just enetered small short with stop loss @1250
Yes, you can feel it too! It's awe-inspiring!
Let the market decide!
  • #34,927
  • Mar 1, 2016 8:05am Mar 1, 2016 8:05am
i can but there is a ISM manucafcturing data coming out in less than 60 minutes which could mess up the analysis
Quoting Tcharq
{quote} Yes, you can feel it too! It's awe-inspiring!
  • #34,928
  • Mar 1, 2016 8:18am Mar 1, 2016 8:18am
next support at 1237-38. if the news wasnt due at 3 , i would have loved trading this pair
  • #34,929
  • Mar 1, 2016 8:21am Mar 1, 2016 8:21am
Quoting gold-analyst
i can but there is a ISM manucafcturing data coming out in less than 60 minutes which could mess up the analysis{quote}
It can only accelerate the inevitable!
Let the market decide!
  • #34,930
  • Mar 1, 2016 8:24am Mar 1, 2016 8:24am
Quoting gold-analyst
next support at 1237-38. if the news wasnt due at 3 , i would have loved trading this pair
I would say next support is at 1222.
Let the market decide!
  • #34,931
  • Mar 1, 2016 8:25am Mar 1, 2016 8:25am
closed half of my short from 1247 just in order to be on a safe side


Quoting gold-analyst
next support at 1237-38. if the news wasnt due at 3 , i would have loved trading this pair
  • #34,932
  • Mar 1, 2016 8:28am Mar 1, 2016 8:28am
Quoting gold-analyst
closed half of my short from 1247 just in order to be on a safe side {quote}
Great entry, bad exit! Or on more serious note: Good, bad, who knows!?
Let the market decide!
  • #34,933
  • Mar 1, 2016 8:34am Mar 1, 2016 8:34am
http://www.forexfactory.com/showthread.php?t=57639

It's all there. Have a good read. FTI is real GOD!
Let the market decide!
  • #34,934
  • Mar 1, 2016 8:41am Mar 1, 2016 8:41am
Quoting gold-analyst
next support at 1237-38. if the news wasnt due at 3 , i would have loved trading this pair
Looks like your support level is working!

Or is it...?
Let the market decide!
  • #34,935
  • Mar 1, 2016 8:47am Mar 1, 2016 8:47am
well it migh be temporary but most of the time my level works
Quoting Tcharq
{quote} Looks like your support level is working! Or is it...?
  • #34,936
  • Mar 1, 2016 8:58am Mar 1, 2016 8:58am
if the news is good for dollar then it may head to 1227-1228 level
  • #34,937
  • Mar 1, 2016 9:19am Mar 1, 2016 9:19am
Put your seatbelts on! This is going to be nasty! USDJPY especially.

Might even ignore the support at 1222.
Let the market decide!
  • #34,938
  • Mar 1, 2016 9:50am Mar 1, 2016 9:50am
Nice retrace, 1232 good price to sell.
Let the market decide!
  • #34,939
  • Mar 1, 2016 9:52am Mar 1, 2016 9:52am
Quoting Pip-Miner
{quote}will pound this with shorts starting at 1245 -1280
  • #34,940
  • Mar 1, 2016 9:54am Mar 1, 2016 9:54am
as i said, it was precise level i predicted
Quoting gold-analyst
if the news is good for dollar then it may head to 1227-1228 level
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