Some interesting charts: url beeb

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

url beeb

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

2 main quibbles with the vid (apart from the utter useless nature of EW as a predictive tool ) : 1. the megaphone pattern could easily be drawn as a bull flag..... 2. As with all US-centric traders he is ignoring the effect of the physical market ...

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

One can come up with any number of reasons but maybe it's better to view it as a retracement/consolidation after a number of very strong days. Looking at it in terms of the bigger picture daily charts puts it in perspective imho.... beeb

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

Worth a read imho: url beeb

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

Could you show which trendlines you reckon are broken..... eg here are a number of 240 min GC trendlines and only the very steepest one has been broken..... url beeb

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

No doubt there are games still to be played around op ex.... beeb

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

He probably hurt his back carrying his 400oz bars down to his cellar........ Seriously - get well soon XTrade.... beeb

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

GC Daily — Update of GC Daily - still running to form.... To recap: The resistances along the red sp - marked by green circles - held price from late Feb to mid July. Short entries abound.... A wedge formed between this red sp and the sp below ...

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

If you click on my name you will see from my profile that I use Ensign charting with Esignal feeds - if you do as well I can tell you - otherwise I can't.... beeb

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

comex not nymex ask yourself who benefits from the market manipulation they would have to move together or they would be arbitraged (look it up) beeb

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

No probs Manipulated markets - look at the volume spike Physical mkt closes - paper mkt fecks about to try to paint a negative picture and protect stops above..... beeb EDIT - here is 10min volume for GC - note 17k + contracts.....

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

You're a newbie - read the thread - we've been over it numerous times...... beeb

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

GC 240 shown many times before - approaching ML resistance for the third time. For the bullish move to accelerate, would like to see breach of 1797 level followed by support there. Breach and no support could be a flush..... On this chart, not ...

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

Word of advice from someone who has been doing this for a very long time... Don't attribute what happens to "luck" or "fortune" or "god" or anything like that. Take full responsibility for your trading decisions. If it was a good trade then YOU got ...

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

Following on from DannyB yesterday, it's worth noting that we have had a "Golden Cross" in GC whereby the 50 day MA crosses up through the 200 day. It doesn't happen very often in a long term bull market..... url beeb

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

I don't know what oanda is - I guess it's some free MT4 software. Basically you get what you pay for beeb

Key Inflection Level in Spot Gold?

I think your chart needs a bit of tweaking Danny - looks to me as though we are already above what you call the "major downtrend line" - though I would reckon that was the one from the Sept high that has been breached and retested. Also your 50 and ...

Key Inflection Level in Spot Gold?

GC20 flirting with obvious resistances...... url beeb EDIT - no sooner posted than breached. Now to see if former resistance becomes support ie the difference between a flush and a move..... EDIT 2 - Note how often in pm's a small move above a ...

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

Only you know if it's "worth it" - which depends on your trade size/frequency etc etc.... If you risk $100 once a week then it isn't worth it It's essential for me. Same goes for other tools of the trade - backup pc, multiple screens, feeds, ...

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