so on bad NFP and unemployment, we should see big gains in gold/silver? Mitch

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

Nice fork there beeb. Hope your trades are going well. Are we expecting to see gold/silver in a tight trading range for the next month and possibly even drop a little more as qe2 comes to an end and the US attempt to get a rally in the USDX? or ...

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

the retracement thats occured feels way over-done for the current state of the US dollar. USDX should be sinking like the titanic.. not making gains. the US has hit the debt ceiling and bernake will no doubt turn off his printers at the risk of ...

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

Yeah I would be much happier trading 0.02-0.05 lots. I'll do my shopping. thanks Mitch

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

Using AxiTrader as my broker at the moment, the smallest lot on silver is 0.1 with a spread of 6pips. not 100% sure on the contract size but a $1 move in silver is $500aud. which is really risky on a $2000 account IMHO. I didn't expect to make a ...

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

out — well after being margin called for the 2nd time since the retracement im deciding to step back and not trade until I've gained some more knowledge and experience demo trading and sidelining major market movement events. I only started ...

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

thanks mate. good luck to your trades

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

usdx took a small drop too. positive for PM's. hope we can hold these gains into the daily close. need to build up some confidence for the bulls. @beeb, hows your fork looking now?

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

not adding any more longs, still holding a 34.4 long. no gold at the moment.

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

this silver market is so bloody ruthless at the moment. hours of gains destroyed in minutes. my longs are being stop hunted pretty much to the pip. annoying the $@# out of me.

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

Thanks for the fork beeb. will keep it in mind. still holding longs from 34.4, closed my long on gold at 1490 waiting for a decent breakout and pullback before re-loading. On a side note, how are we feeling this debt ceiling problem will affect ...

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

im long gold and silver 34.45 and 1486 respectively looking at the 1hr pin bar forming im hoping for a strong close, sl just below the pins for now. good luck mitch

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

long from 34.425. tp 35.3

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

that would definitely be affecting peoples confidence in buying, hopefully the buyers will say enough is enough and run these 2 ladies back up

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

that is one hell of a pin bar forming on gold. I'm long again from 1502, TP at 1520, SL 1486 We all know gold and silver like to close higher on fridays too Good luck all Mitch

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

why is usdx rallying?

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

I would seriously love to buy silver right now, but my gold long from 1509 is not doing too hot. Best to not over-trade, rookie mistakes ive made in the past Hopefully the Asian session can bring gold back up and bury the usdx again Mitch

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

I see all those points as a reason for gold to continue its uptrend, not correct $20 in 2hrs. I guess the market will be the market though. I havn't closed my long, my account is safe but I don't like what im seeing. Money management is working for ...

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

the real question is.. how the hell is the usdx rallying with terribad news. im confused edit; possible strength coming back to gold, 1508 seems to have held somewhat for the time being. fingers crossed, dont want to have to close my long

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

I would say the sudden drop was due to the upcoming trade balance account, people arn't confident enough to hang onto longs, and this drop offered another great opportunity to add another at 1510 for myself and im sure, a few others. I'm running a ...

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