The 10-year, 20-year and 30-year seasonal charts shows gold peaking at the end of February, May, September, and November. Longer charts show July and December peaks as well. url url url It's worth mentioning that, at least in recent years, the ...

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

I will trust your chart over this so-called "ProfessionalChart" that alters trend lines drastically when you change time frames, but it's the only charting system I have found that will still work on this old computer which I use to keep an eye on ...

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

I have the 200 DMA at $1669 (US spot using the misnomered "ProfessionalChart"). Did you perhaps mean the 200 period moving average on the hourly chart, because gold is definitely reacting to the 200 and 50 at that time scale, or is ProfessionalChart ...

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

The CBO MBR came out yesterday. The markets react immediately to these releases so I must respectfully disagree.

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

XTrade (and others) have been talking about a cup and handle pattern here for weeks as well. A link makes sense for the Dean Malone information since it's someone else's work, but when you're posting here in this forum XTrade has created for our ...

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

Gold was past and retesting the upper limit of that that huge range you were "considering" for nearly a day before you even posted. Then you contradict yourself an hour later saying you are going to short at $1700, unless you meant you were going to ...

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

Seasonally, 2012 ended atypically, but if things get back to "normal" we can look forward to a final dip in the next couple of days (a sharp dip and reversal would make me more comfortable that the correction has ended) before prices start to rise.

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

A lot of comments and charts over the weekend, but I'd like to address the concerns of the fellow that got banned as I think a lot of people share his frustrations when they don't see the predictive nature of certain areas of technical analysis. ...

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

Here's an interesting multi-currency look at gold. www.minyanville.com/sectors/precious-metals/articles/For-Clues-to-Gold-Prices-in/1/4/2013/id/47158?page=full

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

Here's an Eliot Wave chartist's opinion on where we are now. url Personally, I'd like to see daily RSI hit support again before I feel comfortable going "really" long.

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

The metals were moving in tandem with US$ but they seem to have returned to their more usual negative correlation now. Gold fell $65 overnight and the NFP data was likely just a trigger for gold to retrace to the 38.2% Fibonacci from the high ...

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

First, decide if you think gold is going up or down. If you think it's going down, close all your long positions. If you think gold is going up, close all your short positions. Then place tight trailing stops on all your remaining positions. In ...

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

Spot Euro gold looks like its targeting the June/Dec low of €1238 which is about another €20 drop, or the May low of €1202 (also the 27.2% Fibonacci extension) which is roughly a €60 drop, the latter more-or-less lining up with $1560 for US spot ...

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

Some FOMC members want to end the $85 billion/month bond buying program before the end of 2013 and there was also talk of raising interest rates earlier than anticipated. Apparently FOMC members discussing alternatives is now tantamount to "actually ...

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

A NetDania programmer asked me which platforms provide an option to subdivide forks. Apparently they are only interested in adding features if someone else has done it first. If anyone using charting software that subdivides your forks automatically ...

Andrews Pitchfork (Median Line)

I did very little over the holidays ...just a couple of gold scalps. I'm hoping US PMI and employment data will give me another entry to short the Yen since I missed my opportunity yesterday. Gold and silver are giving the last push down I was ...

Davit's Confluence Trading

You certainly made the right call. Well done. I was too tired to trade today or I might have joined you, though with slightly different targets. I took my $10 break out to the upside yesterday then exited, including my buy-and-hold triple ETFs ...

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

If you're trading daily I have AUD/USD right at a decision point. Top indigo line goes back to the high in 2011. RSI has left support so I'd use the 14/40 EMA, opening range, or break out strategies for an entry point. image Gold-wise (yes, I know ...

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

If you like the Aussie then go long AUD/JPY and you'll also earn $2.0869 US$ per day per $25,000 lot in carry which is as much as you can make without playing the exotics. I prefer to enter on pull-backs though so I'm looking at Euro and Pound pairs ...

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

You picked up both gold and silver at the absolute bottom after being away for so long (I presume you mean $1650 not $1550) -- how did you manage to make these calls? I think we'd all like to learn your method.

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