I doubt Gold will stop climbing before it reaches at least $1,300.

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

I have decided not to close my long position, even if there is a retracement Gold will likely reach $1,300.

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

Despite the shooting star candlestick on the daily time-frame and the spinning top candlestick that followed Gold is still moving to the upside. It looks like it will test the resistance at $1,270 again.

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

I agree, Gold will likely drop towards $1,230 soon, I already have a short position.

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

Despite everything it's still rallying but I am not opening any new positions before the US Non-Farm Payrolls come out.

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

Gold may have retraced back to the upside yesterday, but it also formed a second candlestick that is a signal for a move to the downside, i.e. a hanging man candlestick on the daily time-frame so there will likely be a move to the downside soon.

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

Considering the triple top it has formed at $1,263 - $1,260 and the shooting star candlestick it formed on the daily time-frame yesterday it will likely break out below $1,239 too.

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

Silver will likely reach the last high at 18.47, but the question is whether it will break out above that level.

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

GBP/USD bounced off from 1.2555 after forming a doji candlestick and a spinning top candlestick at that level on the four-hour time-frame. It's currently testing the support at 1.2470 and a breakout below that level will probably lead to a further ...

Cable Update (GBPUSD)

I am still keeping my short position on Gold open, it will likely fall back to $1,230.

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

I finally opened that short position, between the double top at $1,161 and the spinning top candlestick as well as the shooting star candlestick on the daily time-frame it's very likely it will start retracing.

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

I am considering opening a short position too, this looks suspiciously like a double top.

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

I have a long position on Silver, it will likely reach at 18.30, or it could even climb to the last high at 18.47.

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

I just closed my long position too, although I suspect that a breakout above 1.0900 could lead to a further move to the upside towards 1.0970.

EURUSD

The pair bounced off from 1.2530 after forming a doji candlestick and a shooting star candlestick at that level on the four-hour time-frame, it will likely retrace back to 1.2440 - 1.2430, so I shorted earlier today.

Cable Update (GBPUSD)

GBP/USD continues moving to the upside despite the doji candlestick on the daily time-frame at the resistance at 1.2500. The closest target is likely at 1.2550.

Cable Update (GBPUSD)

EUR/USD found some resistance at 1.0820 and after forming a hanging man candlestick on the four-hour time-frame it started mostly consolidating sideways. The move to the upside towards 1.0850 will likely continue.

EURUSD

I should have opened a long position much earlier, Gold will likely visit the last high at $1,263.

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

Silver found resistance at 17.40, which is the (MA)89 on the daily time-frame and formed a shooting star candlestick as well as a hanging man candlestick below that resistance on the same time-frame. I shorted earlier today, it will likely test ...

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

If Gold forms a double top at $1,233 there will likely be a new move to the downside next week.

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