XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1897 | Metals Mine

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

  • #37,921
  • Oct 12, 2016 2:19am Oct 12, 2016 2:19am
XAGUSD 6H Chart:
Silver leading the way?
Cheers, U2
Attached Image (click to enlarge)
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Wait, or you will be slaughtered!
  • #37,922
  • Oct 12, 2016 2:20am Oct 12, 2016 2:20am
Quoting Uturn2
XAGUSD 6H Chart: Silver leading the way? Cheers, U2 {image}
Agreed.
"Bulls make money, bears make money, pigs get slaughtered"
  • #37,923
  • Oct 12, 2016 7:18am Oct 12, 2016 7:18am
If you look in to the long term trend, it is currently trading near crucial level of 1250 and if this level gets breakdown then it represent a longer term bearish picture.
After taking resistance near $1380 (which is 38.2% Fibonacci retracement level of long term trend ($1910 - $1050)), the gold prices witnessed sharp selloff recently, with gold price reaching to next crucial support level of $1,250 (which is 23.6% Fibonacci retracement level of long term trend). If this level get break down then technically we could see gold prices touching its last years low levels.

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  • #37,924
  • Oct 12, 2016 8:00am Oct 12, 2016 8:00am
Quoting Earleone
Seems like you take it personal .
No, not at all. Take it for what it's worth.

"We often see what we want to see."
  • #37,925
  • Oct 12, 2016 8:40am Oct 12, 2016 8:40am
First post on FF...just my bias on Gold
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  • #37,926
  • Oct 12, 2016 8:50am Oct 12, 2016 8:50am
Quoting SunTrader
{quote}No, not at all. Take it for what it's worth. "We often see what we want to see."
Ok. that sentence was mostly directed to me
Trading in the shadow of SM
  • #37,927
  • Oct 12, 2016 8:58am Oct 12, 2016 8:58am
sitting on a nice long from 1252.70 ... as always just for a daytrade ... let's see how far this goes ...
  • #37,928
  • Oct 12, 2016 9:02am Oct 12, 2016 9:02am
Quoting wastadkey
First post on FF...just my bias on Gold {image}
Seems the downtrend line is broken on the hourly. Long at 1256.50
  • #37,929
  • Oct 12, 2016 9:07am Oct 12, 2016 9:07am
Quoting cvds16
sitting on a nice long from 1252.70 ... as always just for a daytrade ... let's see how far this goes ...
Long 1257.
Looks Impulsive, Correction over?
US markets open.
Cheers, U2
Wait, or you will be slaughtered!
  • #37,930
  • Oct 12, 2016 9:10am Oct 12, 2016 9:10am
reversted to short @ 1256.10
  • #37,931
  • Oct 12, 2016 9:20am Oct 12, 2016 9:20am
Quoting cvds16
reversted to short @ 1256.10
did you take profit?
"Bulls make money, bears make money, pigs get slaughtered"
  • #37,932
  • Oct 12, 2016 9:23am Oct 12, 2016 9:23am
that's what reversing means
  • #37,933
  • Oct 12, 2016 9:25am Oct 12, 2016 9:25am
Quoting cvds16
that's what reversing means
not particularly. It could also mean that but not exclusively.
"Bulls make money, bears make money, pigs get slaughtered"
  • #37,934
  • Oct 12, 2016 9:26am Oct 12, 2016 9:26am
Quoting cvds16
that's what reversing means
And in fact I asked you if you took profit in your short position...
"Bulls make money, bears make money, pigs get slaughtered"
  • #37,935
  • Oct 12, 2016 9:46am Oct 12, 2016 9:46am
Quoting eaglestar
{quote} Called it! As price goes away from a median line it has an 80% chance of getting to next line. Price as of today 1251.9 will show updated chart later.
Watch what price does here... price will either reverse, continue, or zoom retest.
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #37,936
  • Oct 12, 2016 9:48am Oct 12, 2016 9:48am
let me repeat since it seems you are kinda slow manosk: I went long at 1252.73, I reversed at 1256.10 and I am still short ...
  • #37,937
  • Oct 12, 2016 9:54am Oct 12, 2016 9:54am
Quoting cvds16
let me repeat since it seems you are kinda slow manos: I went long at 1252.73, I reversed at 1256.10 and I am still short ...
I dont think that there is a reason for insults here, although if you want to talk about slow my only simple question from the beginning (and it took you three comments to finally understand and answer it) was whether you took profit on your short position. It appears you are still in, well done.. The rest was noise like your useless posts playing with a demo account.
"Bulls make money, bears make money, pigs get slaughtered"
  • #37,938
  • Oct 12, 2016 10:09am Oct 12, 2016 10:09am
having the worst luck ever, 4 trades in a row with losses...
  • #37,939
  • Oct 12, 2016 10:10am Oct 12, 2016 10:10am
Quoting manosk
{quote} I dont think that there is a reason for insults here, although if you want to talk about slow my only simple question from the beginning (and it took you three comments to finally understand and answer it) was whether you took profit on your short position. It appears you are still in, well done.. The rest was noise like your useless posts playing with a demo account.
no need for insulting ... no that's a nice one ... it's YOU that keeps on insulting ! ! !
  • #37,940
  • Oct 12, 2016 10:13am Oct 12, 2016 10:13am
If the correction is finally over,
that could be the Low [5M Chart]
Cheers, U2
Wait, or you will be slaughtered!
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