XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2474 | Forex Factory

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

  • #49,461
  • Jun 7, 2019 1:14pm Jun 7, 2019 1:14pm
Quoting Evas
{quote} Thank you marci in ur opinion Before i never play gold. Cause its too risky. Recently i've been following a new vip member of signal in telegram. Got stuck from there.. Still confusing how to close my position. But anyway thanks for all the information. Really appreciate it
So check my Telegram channel too its link is in my profile
We can't control the sea, but we can learn how to surf the waves.
  • #49,462
  • Jun 7, 2019 1:41pm Jun 7, 2019 1:41pm
Quoting aariapoor
{quote} I agree and all my buy positions are very short term BUT Can you show me where do you see "... these extremes bearish divergence on H4 "? Are you referring to MACD? My last 2 sells for this week {image}
Sorry for the late response Aari, I was lookin at The RSI at the time of that post. And price has managed to drop down a bit. Am done for the week. Closing my shorts. Will wait to see what happens when the market opens on Sunday.
4&1 All Time Profit: $37,496
  • #49,463
  • Jun 7, 2019 1:44pm Jun 7, 2019 1:44pm
Quoting Marcieny
{quote} Excuses have not you guys seen the movie yet? It's not an alert... Sometimes without you wanting wealth she finds you... With me it was like this... .Be Happy many pips for all...
Lol that's true. I was just kidding with you, making a joke. I haven't seen the movie yet... I hope wealth and pips continue finding all of us.....lol enjoy he weekend mami
4&1 All Time Profit: $37,496
  • #49,464
  • Jun 7, 2019 4:01pm Jun 7, 2019 4:01pm
Quoting riclater211
{quote} OK well I decided to meet myself halfway. I was hoping for about 4000 Ticks because I like round numbers and that spot was at the yearly high. Oh well. Price was fighting back and forth all day toying with 1328 but never getting passed. Add to that price has hit this same level 5 times in 5 years and never made passed. A bird in the hand and all that. I will take nearly 2000 ticks. Good enough for me. - Ric {image}
Well damn... I took myself out early and missed out on hitting my target. Missed out on 2000 more ticks. Oh well. 20 years of trading and I can still psych myself out. The truth is there is no way for me to know. I can take solace that, I was right about my target.

We shall see what happens next.

- Ric
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Be humble or get humbled
  • #49,465
  • Jun 7, 2019 5:21pm Jun 7, 2019 5:21pm
Time to close shop for the day, have a great weekend everyone!
  • #49,466
  • Jun 7, 2019 10:47pm Jun 7, 2019 10:47pm
https://www.forexfactory.com/news/92...d#post12318121

This should bring Gold back down aggressively on market open. Provided ofcourse POTUS doesn't post anything contrary to what he is letting us beleive now.....
4&1 All Time Profit: $37,496
  • #49,467
  • Jun 7, 2019 10:53pm Jun 7, 2019 10:53pm
Quoting peace1234
{quote} long live the king/ queen......
Lol you guys making me miss Game of Thrones now......but we have to admit the finale was horrible....just horrible.......food for thought what ever happened to the the iron thrones six million "gold" dragon debt?
4&1 All Time Profit: $37,496
  • #49,468
  • Jun 7, 2019 11:02pm Jun 7, 2019 11:02pm
Quoting MzansiObi
https://www.forexfactory.com/news/92...d#post12318121 This should bring Gold back down aggressively on market open. Provided ofcourse POTUS doesn't post anything contrary to what he is letting us beleive now.....
It didn't seem like the market was pricing in any real possibility of this. I'll have my popcorn ready for the open, we could see some fireworks.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #49,469
  • Jun 7, 2019 11:10pm Jun 7, 2019 11:10pm
Quoting EventsTrader
{quote} It didn't seem like the market was pricing in any real possibility of this. I'll have my popcorn ready for the open, we could see some fireworks.
Lol the moment the White House made a pronouncement after the jobs report regarding tarrifs on Mexico being upheald but also citing the fact that they have flexibility to adjust over the weekend.....I knew something was a miss. But I bagged my sheckles and choose not to hold over the weekend.
The jobs data may limit the downside trajectory though hey.
4&1 All Time Profit: $37,496
  • #49,470
  • Jun 7, 2019 11:40pm Jun 7, 2019 11:40pm
Quoting MzansiObi
{quote} Lol the moment the White House made a pronouncement after the jobs report regarding tarrifs on Mexico being upheald but also citing the fact that they have flexibility to adjust over the weekend.....I knew something was a miss. But I bagged my sheckles and choose not to hold over the weekend. The jobs data may limit the downside trajectory though hey.
Glad to hear you unloaded before the close. I think we've been on the same page about this. Remember this?
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #49,471
  • Jun 7, 2019 11:46pm Jun 7, 2019 11:46pm
well well this is what i was waiting for my gold shorts from yesterday should tp with this news so its going to be a long weekend before open >>>>>>.bummer
people leave, but this thread will go on for ever
  • #49,472
  • Jun 8, 2019 12:19am Jun 8, 2019 12:19am
Quoting EventsTrader
{quote} Glad to hear you unloaded before the close. I think we've been on the same page about this. Remember this?
Yeah bud. You managed to bag in some pips before the close or are you still in on a couple?
4&1 All Time Profit: $37,496
  • #49,473
  • Jun 8, 2019 1:47am Jun 8, 2019 1:47am
Quoting MzansiObi
{quote} Yeah bud. You managed to bag in some pips before the close or are you still in on a couple?
When Trump came out with tariff delay talk I shorted it. I thought gold would sell off more than it did. The market wasn't believing it I guess. I think they do now. After a few hours I closed my trade with a small gain. That was it for the week.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #49,474
  • Jun 8, 2019 3:18am Jun 8, 2019 3:18am
NFP for you and for me....(if you were long gold!)

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  • #49,475
  • Jun 8, 2019 4:28am Jun 8, 2019 4:28am
This Month the Beginning for Bullis
  • #49,476
  • Jun 8, 2019 5:34am Jun 8, 2019 5:34am
Quoting MzansiObi
{quote} Lol you guys making me miss Game of Thrones now......but we have to admit the finale was horrible....just horrible.......food for thought what ever happened to the the iron thrones six million "gold" dragon debt?
Me too.. i love game of throne, i like when lady galadriel smash sauron.... oh lady galadriel so strong n beautifull... i’m in love with her ��
  • #49,477
  • Jun 8, 2019 10:40am Jun 8, 2019 10:40am
Quoting Nico05
This Month the Beginning for Bullis
Yeah but we should not forget the bears, that are starting to get hungry but I hope we can feed them slowly, without the starvation and much hunger and rage later
Would watch the next week... should the eurusd go into a (summer) downtrend (as I believe/trade)... this will affect the gold also, thanks.
Can you afford to take that chance?
  • #49,478
  • Jun 8, 2019 11:17am Jun 8, 2019 11:17am
JPM: Quant models and curve inversion smell of recession rather than mid-cycle Fed eases
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We err, and err, and err again, but less.
  • #49,479
  • Jun 8, 2019 4:54pm Jun 8, 2019 4:54pm
Quoting dweb
JPM: Quant models and curve inversion smell of recession rather than mid-cycle Fed eases {image}
Thanks for sharing, that paints an pretty ominous picture for the economy.

About half of the economic indicators I look at are pointing to recession. The biggest exception is labor, which still indicates further expansion. With a 3.6% unemployment rate though, its just a matter of time before it turns. I would guess the US has 6-24 months left.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #49,480
  • Jun 8, 2019 4:55pm Jun 8, 2019 4:55pm
I am looking at the weekly chart,
-the PA is hovering at the top firm trend line, forming a right angle pattern (technically breaks above)
-stochastics is not yet complete, moving to overbought situation.
-There is good possibility that the rally will continue in coming weeks > which supports all economical & political happenings.
-If breaks the trend line > it will reach upto 1460.

Good buying zone will be 1320 in couple of weeks.
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