I consider many factors and I reach conclusions. It doesnt mean I am always right. But if I feel something is off I am obliged to warn the group. On the other hand I would not like to reveal how I reach my conclusions.

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

I would generally agree with you, but I consider several other factors along with XAU also developing, supporting the rise of XAU so I am not so sure if in the short term gold will return back down.

Only Gold!

UJ crashing, so I expect XAU to continue its rise. And yes XAG is leading, which is very interesting because it is the best bet of the two, looking at their ratio.

Only Gold!

totally agree. Be careful with shorts, I have been saying it since early in the morning.

Only Gold!

Be very careful if you are planning to short today guys. Super tight stops

Only Gold!

Be very careful if you are planning to short today guys in XAU. Super tight stops

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

I look at other factors as well and I dont like them today for XAU shorts. Too much USD weakness

Only Gold!

maybe...maybe not.

Only Gold!

I would be very careful if I were to go short on XAU today....can be a nasty surprise

Only Gold!

interesting. thanks for sharing it

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

I wouldnt short at this moment...there is something boiling in XAU.

Only Gold!

I took theirs the last days...I guess they can have some back.

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

Does anyone have a good fundamental explanation for this movement? Any news that I might have missed?

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

I hear you, but I don't know if there will be damage for Gold in this EUR short unwinding. What I hear which makes a lot of sense, is that asset managers jumped on the European bandwagon in Oct-Nov 2014 when ECB announced the QE, buying equities and ...

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

I would agree with you but it is clear that Gold has dropped in the recent years due to the strength of the USD, not because of the weakness of the EURO which is a later event. I would put way more weight on the Gold USD relationship than the Gold ...

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

I guess you mean DJIA 16000. I am not sure how far away we are from a correction, I think 3-6 months sounds a bit too long for me, but I agree it wont be a flash crash. I think we will lose a nice healthy 5%-10% and then over time continue drifting ...

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

any sell-off in equities and subsequently in USD will dramatically boost XAU and XAG. And a sell-off in equities is either imminent or has already started depending on which index you look at.

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

I would be very careful with short attempts in either XAU or XAG.

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

url There is something fishy going on in the gold market....long term and even medium term I dont want to be short.

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

url there is something fishy going on in the gold market...long term I wouldnt like to be short.

Only Gold!