and London slams it down, right on cue

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

1680 here we come!!

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

Here's my 2 cents worth Gold Weekly channel intact. Price still within bullish pennant and looks set to test the upper part of the triangle but needs to close about 1680 pivot. Closed above 200MA and may now act as support now. Inclining ...

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

Yeah, london slammage almost on cue! I'm out for about 150pips. Happy trading peeps.

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

Anything is possible. 1660 and 1680 are next resistance points. I does look due for some sort of correction but hey you never know. London keeps slamming it down so expect some sort of correction shortly but we have ended up with higher lows each ...

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

I agree. Looking for 1650, though London may slam it down before getting there.

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

Thanks for clarifying SunTrader. Let's see how it plays out in Jan.

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

@SunTrader I may be wrong as you can never really tell but it would seem from the tone of your comments you have a problem with me or my analysis. Like I've said numerous times I'm fairly new to this and am still learning. I've been reading this ...

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

Thanks muntu. Not familiar with those indicators so will have a look at them later when I get my computer issues sorted. May the pips be with you

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

Stopped out, made 362 pips, not to shabby and relieved now I can stop trading on the iPad and iPhone. Happy trading.

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

xau Entry: 1535.86 SL: 1569.92 xag Entry: 27.866 SL: 27.882 Laptop died, other laptop died, too far from office. Trading on iPhone and iPad, totally lame. Can't draw lines on stupid iPad app but I can with iPhone but it's sooooooo frigging small!!

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

Just re-read your post. 1250.xx level?!! Wow you really see it going that low?

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

Hey Doncex, Good observation, I didn't even think to look at waves. Will tread carefully as I'm in atm, up about 200 pips so far. Question, can you use the Sonic R system on weekly charts?

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

Hi SunTrader, No, that's all I've got, other than Bix Weir calling a bottom but he's been wrong for the last 6 months or so. I have no idea where it's going really. Would be interested to get your perspective.

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

Parabolic SAR — Thanks bud. The weekly bar has already retreated back into the channel. Not sure if anyone here uses the Parabolic SAR indicator but I use it to get a feel of where the trend maybe going. What I've noted is that the indicator ...

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

Thanks for the explanation Frank.

Sonic R. System

D1 shows pinbar so I'm anticipating upward movement today. Pinbars have been quite accurate so ignore them at your peril (as I did on the 21st). I guess it's possible the week could close within the weekly channel. RSI on H1 looks bullish. Of course ...

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

Did I hit page 1000? Man this price slam is brutal. TF's take on PMs. url

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

Somewhat confused....

Sonic R. System

Hi alrightfrank, Excuse my ignorance, I've only just discovered the SonicR system recently. I don't understand how a long was triggered at 1.2919. This price was never above the dragon. Or are you just referring to the pinbar? Also at 1.2919 I don't ...

Sonic R. System