Hi KiwiOz, Based on your lines, do you mean pullback downward or upwards, because your lines are below the chart?

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

Hi Xtrade, out of education, why do you say it seems like a good buy now?

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

Based on the descending triangle, wouldn't it be too early to go long now, wouldn't it want to get to the support level first normally which is around 1271/2? Then adamjn, why do you think it will reverse and go back to the 38% fibo level? currently ...

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

Hi KiwiOz, So your saying because of the divergence we should see it move up to that pink line of yours, or at least to the daily pivot line?

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

Where do you think it will go in the US session?

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

Nice one KiwiOz

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

Just a question, is scalping wrong or acceptable, if you get a broker that allows it?

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

USD breaks 81 which should then in turn weaken Gold, but Gold follows it....Weird

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

Thanks Venzen

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

Would you guys count this as a double bottom on the daily?

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

Hi KiwiOz, thanks for the reply, I don't exactly understand what you mean with your daily pivot on any chart timeframe? Then what indicator do you use that draw out those cyan lines on your chart? Do they project the levels? Don't worry, I worked it ...

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

Hey, what do you mean wanted to kiss the daily pivot? I cant seem to see that on my 15min chart

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

Totally agree with you, should stay out of the market when it gets to this ranging section

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

Ranging so far in the Asia and Australia sessions, what d you guys think will happen later in the UK session and NY session? Will we see the long to 1333 or so, or will it go down to 1305??

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

Hi guys, For next week I have the following analysis: 1. Weekly = Bearish, like other said, not a complete engulfing candle 2. Daily = Pin bar created on the 38% fib level touching 50% fib - Support level for Head and Shoulders still holding at ...

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

Hi Xtrade, so basically you are still bullish with the following support levels, 1300, 1310 and if 1330 holds you will then go long as well for the swing up? What about the H1 moving below the 200MA, or do we focus on the higher time frames for ...

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

Well unemployment claims are coming up Thursday, which would prob not be favourable for USD, so could Gold then bounce back up? It has also dipped below the 50% Fibb level, which could indicate with right PA that it will be heading down to 38.2% ...

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

Could be a market shake-up, but yes, you are right...

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

No I agree totally, its not about making profits, its about not making any losses, and yesterday I was in the market unfortunately against the wrong side and had some larger losses, which I would love to try and minimize. Do you hedge often or just ...

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

No left the long in there with no Stop and then added the short with no stop, now we wait and see...

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