You answered your own question: They are shorter-life, higher-cost assets. I have Barrick stock and none of these sales affected the stock price negatively so I'd say the market thought the sales made sense. You'd have to look at the specifics to ...

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

I'm afraid I'm not following your line of thinking.

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

I'm not sure that's the article you meant to link to as it does nothing to enhance your point.

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

I'd say both targets are of little value as far as day trading is concerned. Gold has to break below what is now stronger support at $1,275 then retest $1,180 before lower targets can be considered (and with treasury yield below 2% breaking lower is ...

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

Here is a Coghlan Capital webinar from former frequent poster Beeb (with permission). url

Andrews Pitchfork (Median Line)

$1,277 is certainly a likely downside target, but gold stopped at a supportive level so I would expect at least a bounce before it continues downward. image

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

Here's a related article looking at yield and the magic 2% rule. url

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

Soros managed to walk away from his manipulation with quite a hefty profit, and as you say, what comes up must come down, which is how the rest of us can benefit by being aware of market manipulations.

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

I've made my money for the week, but if I decide to trade tonight or tomorrow anyway I'll try to draw something to illustrate my point.

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

Actually, there are very few with the means to manipulate the markets, and setting up regulations is a necessary means and absolute responsibility to prevent such entities from doing so.

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

For someone that believes non-technical discussion is a waste of time you certainly make a lot of posts discussing the discussion. If you believe someone is blaming external forces for their losses, by all means correct them directly; however, the ...

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

How do you believe the markets are manipulated if not by using money? Leveraging billions to ensure a specific outcome is the only way to do it that I'm aware of.

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

You realise that's coming from one of the few people who actually went to jail for insider trading and who's equally well known for manipulating the Pound to the point that he nearly broke the Bank of England, right?

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

That chart is even less useful now than it was two weeks ago. Respect here is earned on the merit of your posts not the success of blind calls.

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

Silver has broken through the bottom of its prior consolidation zone. Breaking above upper resistance at ~$20.50 would be a strong indicator of reversal of trend. Gold has further to go with bottom of its consolidation channel being around $1,330 ...

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

Your RSI appears to be set at 2 which is far too reactive. Having played around with different settings, I find 14, the industry "default" setting works best.

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

I reloaded that chart and the RSI is being rendered slightly differently this time for me as well. This time showing two possible trend lines giving support. I favour the green due to the parallel though it clearly was not possible in the prior ...

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

Unfortunately, my software only alerts me to horizontal price triggers and I am likely be in bed before the NY open. I'm sure your trading software allows you to draw trend lines on RSI. If not, use a NetDania chart as can be found here: url Is ...

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

Gold hit support from daily RSI, Fibonacci, and the purple bull and orange bear channels making me near-term bullish as a bounce seems likely before $1,275 will be breached. Breaking through the descending RSI resistance on the other hand would ...

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

I'm not a U.S. budgetary historian so I don't know what the "true" picture looks like if you went back even further, but I'd propose that a marginally more "stable" budgeting process since the beginning of the Internet era seems more representative ...

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