Silver has formed a doji candlestick and a pair of shooting stars candlesticks below the resistance at 17.43, which is (MA)89 on the four-hour time-frame. It will likely start retracing and I opened a short position.

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

I'm just waiting for the news. It's consolidating above 1.0600, the consolidation will likely only get tighter the closer we get to the FOMC announcements later today.

EURUSD

It will likely slide back to 1.0600 before the fundamentals tomorrow.

EURUSD

Are you planning on trading it during the news this week? I'm mostly just watching it happen.

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

I closed all my positions too, it's too risky to keep them open before the fundamentals next week.

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

Silver finally found some support at 17.12, I opened a long position though I am concerned it was a premature decision.

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

It will most likely reach $1,200 very soon. The question is whether it will break out below that support too.

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

Gold is testing $1,220, but that is a strong support level, so whether it will be able to break out below it is not very certain. I still have my short position open, but I may close it depending on the candlesticks it will form at that level.

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

There is a distinct hammer candlestick above the support at 0.7545, which is the (MA)89 on the daily time-frame, the pair will likely bounce off from that level. I am considering opening a long position.

AUD/USD

I am still keeping my short position open, Gold will likely reach $1,220 again.

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

Gold is testing the support at $1,239. If it breaks out below that level I will open another short position.

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

It's likely too early for longs, Gold will probably reach at least $1,230 first.

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

I opened a long position on Silver, it will likely continue rising towards 19.20.

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

I am waiting to see whether Gold will break above $1,260 before I open another long position.

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

Silver will likely reach 18.45, and then 19.20 if it breaks out above 18.45.

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

Mine is at 1.0620, the (MA)89 indicator on the four-hour time-frame is at that level.

EURUSD

I have long position too, my target is at $1,255. The triple top at $1,244 was ineffective after all.

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

It's moving to the downside without any retracement for now, it will likely fall towards $1,220 - $1,217.

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

On the four-hour time-frame it's even a triple top. Either way, there should be a move to the downside soon.

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

I have a short position with target 1.2400, but that's about it, I doubt I will open another before the market closes today.

Cable Update (GBPUSD)