You posted a list of numbers including resistance levels below the current price action: Is that supposed to make sense?

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

A couple analysts at DailyFX agree with Uneek of a near-term target of $1630, but my personal exit for today is $1635 with a well-into-the-money stop loss at $1645. Realistically, you've missed the move for gold and silver today and you should wait ...

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

No, it isn't a good bet. It's unreasoned, unfounded, and undisciplined. This may be fun and games to you playing with your demo account, but most of the people in this forum have invested real money, so please only make posts when you can back up ...

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

As I posted yesterday, last year gold fell another $100 from where it was at this date. It fell $250 for the month. Will it happen this year, I don't know, but I certainly wouldn't go long until after the 27th.

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

I hope you had the good sense to close this position before it dropped another $15 from where it was when you made this post. What was your reasoning behind opening a long at $1681?

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

The settlement date for December 2012 Comex gold and silver futures is Dec. 27th, and since gold seems to be behaving more like it did last year than the 20 year seasonal average this will likely be the last sell-off of this year and herald the gold ...

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

Merry Christmas and Happy New Year!

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

The best trading tool is patiently waiting for an "obvious" trading opportunity. I haven't done any trading since last Wednesday because I didn't see anything I liked on any of the charts, then yesterday Fibonacci, RSI, and resistance all made ...

Davit's Confluence Trading

Gold either forms the afore mentioned "W" from $1672 (last time I posted a chart, I think) or drops to the afore mentioned $1665 (200 DMA, etc.) at which point it will have a big decision to go up or down. Being the year end, what's happening now is ...

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

Anyone who took your advice yesterday just lost a lot of money and here you are posting the same nonsense today. What is the basis of these price levels? What technicals are you using? Where are your charts? You don't seem fazed by your loss ...

Daytrade - XAU/USD & XAG/USD

Beeb, thanks, and I'm sure everyone else appreciates your charts as well. Please keep posting them. Muntu, I have found that RSI 14 generally provides the best balance on most time frames, and I use RSI trendlines for signals, not the traditional ...

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

My best advice to you for trading gold (or anything for that matter) is basically what you wrote: Be patient and wait for a pullback. Personally I am waiting for daily RSI to bottom before going long-term long on gold which I also believe will ...

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

I can see why you'd choose $1720 and $1709 but not $1700 and $1714. I hope you either didn't take the second trade or got out before you lost too much.

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

The easing announced by the FOMC was exactly what was expected and had already been priced into the market; though it's not unreasonable to add that the price of gold is currently being suppressed by central banks which is why risk-on currencies ...

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

As I read this now we're approaching the support of your blue fork. If that fails to hold gold will resume correcting down, presumably to the weekly support line. I've got some personal issues making it difficult to focus on trading (or anything) ...

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

Gold Hourly RSI has crossed support and turned bearish, but the battle is being fought over a very small price range so if I weren't currently holding a short with a bias that $1705 could be touched I wouldn't be involved in the market as it is ...

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

This is the pivot line (solid blue) and confining range (solid red) for spot gold (though I trade futures) I was using for short-scalping ($4 range) Feb MGC on the 5 min chart (10 minute shown for clarity). At larger time scales, when I am ...

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

Yes, that article certainly sums up the Wednesday FOMC situation nicely.

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

This is an hour and fifteen minute (and very dry) discussion of risk trends focussing on the FOMC announcement Wednesday. url My two cents about Wednesday is additional stimulus is expected and therefore has already been priced into the markets, ...

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

Each of the three FOMC press conferences on Wednesday have the potential to pointlessly whipsaw the market, particularly if daily RSI is still sitting midrange, and since I don't see any firm conviction as to near-term direction, I'm going to stick ...

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