moved my SL from 1535 to break even at 1543. at the time the setup was looking good to break through the 1550 barrier. Mitch

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

i entered at 1543 and moved sl to be up from 1535. my own fault. gold seems to have a serious fight on its hands at the moment at 1547. i hope it can pop, I re-entered at 1544.5

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

just got stopped out on my gold god damn it. ah well

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

good to see its still in a very slight uptrend. hopefully the split second bernanke opens his mouth PM's will shoot off. haha

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

longs on track, back to 1.07 moved to BE + 1. not adding anymore longs until we break 1.077 and hold

AUD/USD

come on euros, bring back the biff. send gold/silver north again.

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

added long. 1lot. SL 1.065 TP 1.08

AUD/USD

agreed. the fundamentals that drive aud/usd have not changed at all. Heck we even made gains in the short term and during what was meant to be 'the slow quarter' after the natural disasters. Mitch

AUD/USD

this is pretty standard play for the aud/usd on rate day. usually the dump is short lived, and a good buying opportunity. Mitch

AUD/USD

I still don't understand why gold is struggling so much with 1545. the data out of the US and all around the world is awfull (cpi, gdp, unemployment). even silver is trading extremely flat and seems to be waiting for its big sister to get off her . ...

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

with a second failed attempt at holding above 1550 for gold and 37.12 for silver, can we expect to see another dip to the lower supports? Mitch

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

I dont think we're going to see too much more upside in gold until silver resumes its uptrend and gets back into its daily channel

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

If you dont mind my asking, how do you take advantage ? correlation between gold/silver and the eur and usd? EUR/USD up, USD/CHF down = good signal for long PM's? Mitch

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

thanks so much for your insight into these pairs. very informative. Mitch

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

whats your take on silver? if it holds above 36.3 could we see more bullish movement? Mitch

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

can anyone explain the spike in the USDX from 73.74 to 74.22 in the last minute of trading on friday night? or is my graph buggy url

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

great analysis! thank you for posting your thoughts, I enjoy reading all of the posts here. Good luck to us all this week. Hopefully the bulls can maintain the run north. Mitch

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

hehe, choo choooo!! but does it have enough steam to break through 1.07 and retest 1.1 :o I'm not sure how to post charts but the setup for gold and silver are both looking strong NORTH at the moment on the 30min, 1hr, 4hr. Mitch

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

hah so im guessing those who bought at 1530 and 35.2 will be laughing to the bank next week good luck all Mitch

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

understood mate just playing with my demo account, have a long that was triggered at 1525 with TP at 1540, open SL.

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