wow that's quite an aggressive entry with such a large stop, it's gonna be a big loss if you're stopped out. What's your 1st target? I guess you're aiming at 11xx and having this as a long term trade? otherwise it's hard to justify the risk reward. ...

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

haha perhaps he's worried that posting the headline will have NSA and FBI knocking at his door, they don't want this gold manipulation story to go out too widely.

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

Thanks for your technical analysis Jimmy! I agree with that and already had limit order placed key level to short as a hedge to my large long positions. Also the large font is great for reading.

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

Hi XT, I haven't but i'm long Platinum from 1361 and moved my s/l to 1371 to lock in profit. thanks for the tips!

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

Take out 1250 in next hour or so? But I'm going bed soon, put a limit sell at 1257 with s/l at 1267

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

what an effort by the big boys to clear stops. so the best they can come up with is push it down to 1213? (crap my limit order at 1213.2 just miss a few points to be filled) does it mean next stop is 1300+?

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

Congrats! Hope you didn't get stop out. Well done to the big boys! whipping both sides to wipe out longs and shorts, how many people getting margin calls here? If PA of late June is any indication, I guess this is probably the end of the EOY sell ...

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

best bear trap of the year (already new year here down under!) Those shorting at the low with tight s/l should all be killed now

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

Beware of slipage. If it did breaks under 1180 there might be a big drop down and your stop might not be filled at 1178

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

anyone long at 1236-37 here? i'm taking long at 1238.5, SL 1235.7, TP 1241.3 SL hit. Short at 1235 triggered

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

That's right, but if won't fit well in a trading forum like this. If you're going for investment, then strictly no leverage, and aim for long time frame like 5-10 years. In gold's term the best would be buying physical, which XT has advised ...

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

That's impressive, hope you post more forecast of these. i'm convinced of your theory.

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

anyone surprise to see no surprise price action after the news? I was expecting volatile PA.

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

Great attitude, only if we have more mature traders like yourself

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

Great entry and great reward to risk! I'm away from my desk and miss the 1241 entry. Suggest you take some half or 1/3 profit before hitting your TP

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

I'm with you. Add more long @ 1243, SL 1237, take half profit at 1249 and let the rest run. I'm loaded up with gold stocks today so won't go too much on XAU for now. ps. Rhodie, has your s/l been hit yet?

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

May I ask why are you so biased against gold and gold miners?

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

Thanks a lot buddy!

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

Thanks for your chart amasat. I was studying it on the weekend to make up my mind to go long on Mon. Just wondering what indicator this is and any theory behind it?

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

where's your SL and TP? you should have this lay out before entering a trade.

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