XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1758 | Metals Mine

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

  • #35,141
  • Mar 8, 2016 2:54am Mar 8, 2016 2:54am
mate I'm buying this to 1300 non stop I don't even care if it retraces I trade dragon that has 150 point retraces this is a little pus@@y
  • #35,142
  • Mar 8, 2016 3:01am Mar 8, 2016 3:01am
buying more gold has a hedge US dollar lol
  • #35,143
  • Edited 4:14am Mar 8, 2016 3:08am | Edited 4:14am
Quoting edyraper
{quote} 1251 is 1/2 way to 1300 , 1275.xx is in the middle acting like R , had 1 hourly close above 1275.xx , 1264.xx is 1/2 way to 1289.xx , closes above 1264.xx isn't bearish , 1251 was in play last couple of hours ... {image}
closes above 1275 may not be bearish ...
Attached Image

silver may help gold bulls, 16.22 is there
Attached Image
  • #35,144
  • Mar 8, 2016 3:12am Mar 8, 2016 3:12am
Going to apply pyramid on this retrace
  • #35,145
  • Mar 8, 2016 4:40am Mar 8, 2016 4:40am
dont feel like trading. want to see EURO retracting against USD
  • #35,146
  • Mar 8, 2016 6:05am Mar 8, 2016 6:05am
Quoting gold-analyst
dont feel like trading. want to see EURO retracting against USD
come on man just buy made so much money buying please do the same
  • #35,147
  • Mar 8, 2016 7:17am Mar 8, 2016 7:17am
let's see if NY open finally pushes gold over the 1275 and sends this pair past 1300 or will it reject it for a second day
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #35,148
  • Mar 8, 2016 7:26am Mar 8, 2016 7:26am
yes ..
  • #35,149
  • Mar 8, 2016 7:29am Mar 8, 2016 7:29am
well i just dont feel comfortable buying it unless i see something

Quoting Pip-Miner
yes ..
  • #35,150
  • Mar 8, 2016 7:49am Mar 8, 2016 7:49am
Quoting gold-analyst
well i just dont feel comfortable buying it unless i see something {quote}
Cool man
  • #35,151
  • Mar 8, 2016 8:01am Mar 8, 2016 8:01am
Hey Pip-Miner,
Please forgive my ignorance but what is your pyramid technique that your using? Sounds pretty good for buying up dips!
I am currently long gold but I usually wait for 4HR pullbacks to add my positions...
  • #35,152
  • Mar 8, 2016 9:05am Mar 8, 2016 9:05am
failed attempt so far let's see if the bull tries again and has some gas left in the tanks for another attempt today
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #35,153
  • Mar 8, 2016 9:08am Mar 8, 2016 9:08am
well 1279 is a stong resitance point, strong enough to cause reversal. Breaking above is 1283-84 level is required to push the bullish move further
  • #35,154
  • Mar 8, 2016 9:23am Mar 8, 2016 9:23am
could be preparing to reverse, not there yet still however. more time required.
  • #35,155
  • Mar 8, 2016 9:36am Mar 8, 2016 9:36am
copper, silver selling off, gold to follow shortly with a delay.
  • #35,156
  • Mar 8, 2016 9:42am Mar 8, 2016 9:42am
I wonder what causes the reversal in gold?
  • #35,157
  • Mar 8, 2016 9:50am Mar 8, 2016 9:50am
Quoting Veron
I wonder what causes the reversal in gold?
Nothing price reached resistance levels 1275 bulls trying to push through and it's quite normal to see price retreat and Bulls probably regroup and have another go

As long as those negative rates are there I don't think gold will reverse
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #35,158
  • Mar 8, 2016 10:26am Mar 8, 2016 10:26am
Quoting blue_z_zz
{quote} Nothing price reached resistance levels 1275 bulls trying to push through and it's quite normal to see price retreat and Bulls probably regroup and have another go As long as those negative rates are there I don't think gold will reverse
Thanks blue. Im still a rookie in trading and I found that gold is so hard . Still learning. However this forums has helped a lot.
  • #35,159
  • Mar 8, 2016 10:41am Mar 8, 2016 10:41am
Gold is quite difficult to trade for newbies, I think. At the beginning I simply watched it for quite a while before I dared to trade it on a demo account before even considering moving onto trading it on my live account.
  • #35,160
  • Mar 8, 2016 10:52am Mar 8, 2016 10:52am
i always found gold easy to trade than currencies. i find currencies manipulated all the time
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