I likely won't open any positions on Gold before it either bounces off from $1,280 or breaks out below that support.

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

I am waiting for a breakout above 0.7230 to open a long position. If there's such a breakout it could climb to 0.7265 - 0.7270.

NZD/USD

Gold found some support at $1,280, which is the (MA)89 indicator on the daily time-frame. It may retrace back to $1,300.

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

It may even rally to $1,320 in the next few hours.

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

I will certainly take your advice under consideration. Though I will probably do what you suggest on a demo account at least the first few times until I get used to it.

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

It did fall to $1,300 and even below that but I don't regret not opening a position. I prefer not to trade during the news.

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

I decided to close all positions and wait out the fundamentals later today. Gold might fall back to $1,300 but I decided not to take the chance.

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

I have a short position on Silver. It's testing the support at 17.10 and a breakout below that level could lead to another drop to 16.80.

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

The overall bullish trend may be over for now, Gold is very bearish. Next target is likely around $1,280.

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

Next week it could climb all the way to 1.3700, it's so bullish.

Cable Update (GBPUSD)

It's still very bullish. The rally may continue to 1.3500.

Cable Update (GBPUSD)

Gold did appear quite bullish, but that was misleading, apparently. It's back to testing the support at $1,320 and it may keep falling to $1,300.

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

There are a pair of spinning top candlesticks as well as an inverted hammer candlestick on the four-hour time-frame above the support at $1,322, I opened a long position with target $1,340.

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

GBP/USD formed a double top at 1.3223 and it also formed a shooting star candlestick on the four-hour time-frame. Both are signals for a move to the downside and if they are valid next target will likely be around 1.3120, which is the (MA)89 ...

Cable Update (GBPUSD)

I agree. If it breaks out below $1,340 it will probably reach at least $1,330, though it may fall lower than that.

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

EUR/USD failed to break out above 1.2070 again. The pair still seems quite bullish though, so there might be another move to the upside. I would open another long position only after a breakout though.

EURUSD

GBP/USD reached a high at 1.3080 before it bounced off from that level and formed a shooting star candlestick on the four-hour time-frame. If the signal for a move to the downside is valid there will likely be a drop to 1.2900.

Cable Update (GBPUSD)

GBP/USD finally reached the resistance at 1.3030. A breakout above that level could lead to another rally to 1.3100.

Cable Update (GBPUSD)

Gold may rally up to $1,370 at least if the political turmoil continues this week.

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

Depending on whether it will break out below 1.1800 it may even fall to 1.1660, which is the last low.

EURUSD