XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2246 | Forex Factory

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

  • #44,901
  • Dec 8, 2017 3:08am Dec 8, 2017 3:08am
some monthly levels....to chew on...have a good weekend...
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Look Sharp/Trade Tight
  • #44,902
  • Dec 8, 2017 4:03am Dec 8, 2017 4:03am
The impulse wave develops on the Daily timeframe, the next Daily target is 1212, but retracement is possible
  • #44,903
  • Dec 8, 2017 4:03am Dec 8, 2017 4:03am
Short gold 1249 SL 1251, TP 1243
  • #44,904
  • Dec 8, 2017 4:54am Dec 8, 2017 4:54am
Quoting MoneyZilla
A spike and/or a rebound today are to be expected. For now the center of the range that forms is 1246. I bet the rate will go nowhere outside its borders 1254 and 1238. Lets hope I am wrong... I am afraid, it is a time for another choppy madness for a day or two... Maybe Mondaystays locked within, too? Lets see.
Not expected too much I think market already take the move...
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -2,297
  • #44,905
  • Dec 8, 2017 7:34am Dec 8, 2017 7:34am
Not bad , to test 1232 & 1200 &perhaps further down . all the same old though .Take care , fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #44,906
  • Dec 8, 2017 9:29am Dec 8, 2017 9:29am
Quoting goldgirl
Short gold 1249 SL 1251, TP 1243
Missed by $0.95 to tp. SL at 1245. Long now at 1248 .. TP 1264
  • #44,907
  • Dec 8, 2017 12:10pm Dec 8, 2017 12:10pm
Silver found some support at 15.63, but I am yet to close my short position. The move to the downside will probably continue.
  • #44,908
  • Dec 8, 2017 6:53pm Dec 8, 2017 6:53pm
Quoting goldgirl
{quote} Missed by $0.95 to tp. SL at 1245. Long now at 1248 .. TP 1264
Hi GG,
My trailing SL took me out for a -$2 move loss,
so it worked very well. [Original SL was -$5.]
Had 2 previous trades [Short] that went +$10 TP moves.
I'll stay with the $5 SL [trailing $1 steps],
and TP $10. So far it is working very well.

XAUUSD 6H Chart:
Shows some definite uptrend potential,
though probably only be a counter trend.
The WLY and MLY look extremely Bearish to me.
Cheers, U2
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Wait, or you will be slaughtered!
  • #44,909
  • Edited 8:51pm Dec 8, 2017 7:41pm | Edited 8:51pm
Quoting MoneyZilla
A spike and/or a rebound today are to be expected. For now the center of the range that forms is 1246. I bet the rate will go nowhere outside its borders 1254 and 1238. Lets hope I am wrong... I am afraid, it is a time for another choppy madness for a day or two... Maybe Mondaystays locked within, too? Lets see.
Awesome! very good feeling for XAU. Before Unemployment Data, you expected "rate will go nowhere outside its borders 1254 and 1238" , and it really happened.
I hope you are also correct with "Monday stays locked within", cause if so, then most probably I will get a good chance to build additional short position.


Shorted at 1282, end of Nov. No target, just follow.
Art thou he that cometh, or look we for another?
  • #44,910
  • Dec 9, 2017 8:39am Dec 9, 2017 8:39am
I recently opened a short position on Gold too, it may fall to $1,200.
  • #44,911
  • Dec 9, 2017 9:35am Dec 9, 2017 9:35am
monthly
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  • #44,912
  • Dec 9, 2017 9:46am Dec 9, 2017 9:46am
weekly...see red line 244 ema how it respects bottom or up.
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  • #44,913
  • Dec 10, 2017 5:40am Dec 10, 2017 5:40am
Quoting Uturn2
{quote} Hi GG, My trailing SL took me out for a -$2 move loss, so it worked very well. [Original SL was -$5.] Had 2 previous trades [Short] that went +$10 TP moves. I'll stay with the $5 SL [trailing $1 steps], and TP $10. So far it is working very well. XAUUSD 6H Chart: Shows some definite uptrend potential, though probably only be a counter trend. The WLY and MLY look extremely Bearish to me. Cheers, U2 {image}
Likely need some upside first before next down.
  • #44,914
  • Dec 10, 2017 8:16am Dec 10, 2017 8:16am
I hold some longs on Silver, some are even at 16.5$ which places them at noticeable loss but no problem eventually they will go on profit and it shouldn't be that far off, I think 15$ is the lowest Silver can go, I will probably add some more small longs until 15.5$ if we continue the decline and then wait, which means this isn't going to be the fastest trade but it doesn't needs to be
  • #44,915
  • Dec 10, 2017 11:21pm Dec 10, 2017 11:21pm
Long gold at 1248.73 and I'm aiming for 1251.73.
Follow your dream
  • #44,916
  • Dec 10, 2017 11:51pm Dec 10, 2017 11:51pm
Inserted Video
  • #44,917
  • Dec 11, 2017 3:03am Dec 11, 2017 3:03am
Quoting MoneyZilla
...borders 1254 and 1238. I am afraid, it is a time for another choppy madness for a day or two... Maybe Monday stays locked within, too?
There is a rate hike expectation on Wednesday. I have missed that one on Friday.

Hard to predict now. The bankers know everything they need to know PRIOR to he moment of the news release. It should stay locked in the range by Wednesday. But they can consume the "news" earlier, like they did it with the NFP last week...

I am placing a bet, the range survives by the "news" time on Wednesday. Typical turning points would be 1252-53 and 1239-40.
Maadik Hugiis. IQ 69.
  • #44,918
  • Dec 11, 2017 4:05am Dec 11, 2017 4:05am
There is slight retracement on the Daily timeframe, the trend didn't change, it's still bearish
  • #44,919
  • Dec 11, 2017 5:03am Dec 11, 2017 5:03am
Quoting koleso
There is slight retracement on the Daily timeframe, the trend didn't change, it's still bearish
Yes I'm quite agree with you. Although right now its going bullish but the overall direction is still trending bearish. Today, It's a counter trend. It's one of that day in this week .
Follow your dream
  • #44,920
  • Dec 11, 2017 6:10am Dec 11, 2017 6:10am
It's going ... sideways today.
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