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

Quoting cvds16

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the rate change: yes, but not the additional rate change for 2017 ... so most likely more down to come

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Quoting goldenbird

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{quote} Why?

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Quoting cvds16

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{quote} do you even follow the news ? ? ? http://www.marketwatch.com/story/fed...ast-2016-12-14

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Quoting Sali21769

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I feel good about decreasing gold price, because shows either improving global economy or confirming my prediction. After closing my position in 1159, I've got a sell stop position below the 1155. This number is so important support level that can determine if gold price would have a FREE FALL?? Who knows?

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Quoting Sali21769

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{quote} I mentioned you three times in the past that Gold will see 1100 and below. Unfortunately I withdrew my money to invest in options. So who wants to gain a good return on shorting gold? SL: 1155 TP: 1100

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Quoting Uturn2

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XAUUSD 2H Chart: [30min. till Close] Bull Trap? TP 1145.6 Cheers, U2 {image}

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Quoting Spec_And

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{quote} The price of gold is falling much faster than the reduction in ETF holdings, thats crazy bearish, its a sign that investors have yet to capitulate. So far they have only offloaded 100 tonnes, thats merely ~10% of what they bought this year, this goes way under $1000 if these speculators start to dump their holdings (and I think they will once gold falls another $50 or so).

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Quoting SunTrader

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{quote} Thank you for the sane comment. Especially if you feel that way because of the trend in place ... the down trend.

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Quoting SunTrader

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Forecast of 3 rate hikes instead of two is a non event.

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Quoting Uturn2

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{quote} Maybe 1055 final low [Some time in New Year]

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Quoting SunTrader

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Another genius I said .... I said .... I said .....

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Quoting mohsinali

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{quote} Why don't tp 1050..... ;

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