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Attachments: XAU/USD & XAG/USD - Gold & Silver FX Traders Thread
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XAU/USD & XAG/USD - Gold & Silver FX Traders Thread

1,350 really hard to break...
That which does not kill us makes us stronger
Stocks are rallying again too, not good for this resistance level.
not good for this resistance level. = all nonsense - already v/g in green , soon i'll bank 4 pos. @TP1 = will post my Live chart soon 4sure !

post46733
da n0o0b
Gold for today
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Opened short. Looks like Gold is having a tough time breaking the 1353 resistance.
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Consistency.
next major demand zone is ~1336.

again, if we get a nice break through this area, we open up 1317-1313-1306
90% of people, are wrong about 90% of everything, 90% of the time...
Seems like everybodys waiting for FOMC members to speak up...
Quoting arjasepp
Seems like everybodys waiting for FOMC members to speak up...
Is there any way to watch the speech live ?

i quess we can only read this: https://www.federalreserve.gov/newse...s20180417a.htm

am i correct ?
this price action feels like capitulation... bulls beware, the next move may be fast and furious!
90% of people, are wrong about 90% of everything, 90% of the time...
Quoting theDHT
this price action feels like capitulation... bulls beware, the next move may be fast and furious!
strong bounce from 1338, daily pivot is at 1326, please expound on your capitulation feelings....
He who hesitates is hesitant....which always leads to bad entries.
Quoting Mackeymax
{quote} strong bounce from 1338, daily pivot is at 1326, please expound on your capitulation feelings....
im watching cross asset relationships combined with the reaction to the "western allies" missile strikes on syria over the weekend.

I think the second point is moot, i mentioned it last week, that it felt like "when russia invaded ukraine"... and because of this, i think certain participants are working hard with their broker/dealers to exit their longs, which is triggering very interesting price action on the intra day. (buy the rumor etc)

also, UJ appears to have demand at its M240 233EMA, which would be significant for xau

all this is just short term,

keep an eye on dxy, it caught a nice bid today, and if this continues, xau is in for a world of hurt (imo)

trade safe!

90% of people, are wrong about 90% of everything, 90% of the time...
Silver is testing the resistance at 16.70 - 16.75 yet again and it will likely bounce off from it and fall towards 16.00.
I think tomorrow we may break 1355
Short scalp @ 1347, getting late in the us session so hoping for a few $'s down
Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.
Quoting jorgen.fx
Short scalp @ 1347, getting late in the us session so hoping for a few $'s down
Good play I did too at $1,349 last London session.
USD JPY is trying to make a move to break out so GOLD should get slammed down European session.
Gold on m30. Below SMAs and ready to go down.
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Consistency.
lol gold for this week
Quoting pipsy7
not good for this resistance level. = all nonsense - already v/g in green , soon i'll bank 4 pos. @TP1 = will post my Live chart soon 4sure ! post46733
-------7


still hav my 7 L fukkers , will post my Live chart soon when it hits$ TP1 = its gettin frikkin BORINGGGGGGGGGGGGG tabarnak

Thinkin to just bank all my 7 pos there & go to honnalulu for a fukkin break
da n0o0b
Quoting yumademe
Gold on m30. Below SMAs and ready to go down. {image}
I think gold UP
had to wait fukkin long for this crappppppppppp =

i will post here Again when my buddy Mzilla ist back from d seminar [dancinphil]
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da n0o0b
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