.91 and .913 are still strong resistance which attract lots of sellers.

AUD/USD

At this moment, although not closed, but H4 looks like a pin trade.

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

It might be a bull trap or might be due to the start of cyclical buying of Gold by some races and religions. Nevertheless, after trading gold for merely not more than 2 mths, I find it extremely difficult, not sure if anyone agree.

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

Also not forgetting RBA wants a lower level. ie. below .9 level.

AUD/USD

$1 Parity? Not too sure if we can reach that level again, at least for the time being, taking into all the resistance above. 1st resistance, price need to clear .905 then there will be some sign of bullishness to reach .91 and .913. Otherwise, we ...

AUD/USD

Forex can be oversold or overbought for a long period of time. We just hit a major resistance hrs ago, and here we are now.

AUD/USD

Look at the line .906 in H4 or Day chart, what do you see?

AUD/USD

Your posts made us panic for a while, but you are lucky buddy, to escape unhurt. Normally the market do not show mercy, I believe others and myself have been there. The key is to start small, choose mini or micro lot if needed, and let your account ...

AUD/USD

I have 1232 as resistance on my chart, if price closes below, then we are still in the bear territory.

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

Couple of resistance above. 1232 minor resistance, and 1242 a sell zone. Price move in Zig Zag manner my friend.

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

How do you read it?

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

Good employment data might make way for tapering. What will be correlation of Tapering and Gold?

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

With the current PA, your SL must be really tight. I couldn't even find a decent retracement to short.

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

Few reasons why I am not buying this pair even though Aussie fundamentals and prospects are good, I don't know the others. 1. RBA wants a lower level 2. This pair just broke an important Fib level (.906) to the downside. 3. USD is strengthening. ...

AUD/USD

Hardly any sign of retracement these few days. A slight rally will be sold off immediately. The bears must be hungry.

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

Gone burger? Grilled and eaten?

AUD/USD

With former suuport line .906 broken down, there will be no more support till .8995. Bearish.

AUD/USD

I am new in gold trading, but I don't think there is a high correlation between Gold and Oil, although they are both denominated in USD. In summary from higher TF, Gold is still in a downward trend. Just my thought.

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

Yes, they might not be sure the impact of lower exchange rate to the economy, but what they are sure is they want a lower level.

AUD/USD

They can't cut rate because if they do, it will drive home prices higher, which in many Australia cities already seen high home prices. Australia government is known for taking care of its people.

AUD/USD