Umm, I am not holding Gold because I want to profit from it, but because I do not trust paper anymore. Do you think it is safe to hold CHF or JPY or any stocks at this point of time? Do you think I can get my money from them anytime I need in my ...

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

Yeah..such moves are a part of an up trend. Consolidation is necessary so that Gold can break past $2000 and sustain it.

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

Recent decline in Spot Gold is being attributed to stops triggered to the downside below USD 1865 per ounce COMMODITIES News wires.. Yeah right! Thanks

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

Yeah boy. Here we go. Im going long 1 hour before london closes. Its going to 1900+ guys. Brace..Brace..Brace!

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

Seems like price is going to run away to 1880 soon...then smack it down a bit to shake out some longs and then run past 1900 again. If you connect the previous swing low with recent swing low in the hourly chart..it fits perfect because there was a ...

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

Safe Haven demand into gold and swissy should be back during NY session and close. These guys are pro with it lol. They smack it down during london and then gold is back up to where it was during closing. Makes you feel like it was not an up day! ...

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

Long time since my last post. Been reading here though but did not have anything good to contribute. I have a feeling we'l see the ISM read under 50. If that is to happen, there might well be a smack down into XTrade's expected support 1875 before ...

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

True I did not notice that pattern. The HnS target would be 1747. I see a lot of volume here on this dip and price is not even rallying back from here. The buyers here will have their stops at 1720 swing low. A move below that would bring Gold down ...

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

No worries. I know how irritating one line comments can be. Will try to back it up with charts whenever possible. 1755 area does not look convincing yet to me. Short term patterns look as if it may head to 1720 but I'm not banking on that view. It's ...

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

Here is the chart beeb. Ultra short term we have some sort of expanding pattern (not too strong to me). Overall the pennant lines will form short term term supports. Margin hike of 22% would mean that speculators lose 22% purchasing power on gold ...

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

First support for 1755/56 and an even stronger one at 1742. Looking to go long there if the price action is convincing.

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

Looking for 1730's today. Let's see. Reason: Retrace to supports on margin hike

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

Highs of 1814's. Out at 1810 target. CME raises margin by 22% it seems.

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

Every one has a different risk appetite probably. Well as long as it works for each of us its ok. gold at 1797 . I did not expect it so early. Still upset on missing my buy limit at 1719 ... I was not at the screen either.

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

True on the risk if you follow your normal position size. Normally I prefer a $15 stop for a $35 TP but for this trade I am only long 25% of my original position size. I can't help keeping a large stop due to such wide swings in Gold. Moved stop to ...

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

Going long here in small qty. Stop at 1740. Target 1810.

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

Missed my buy limit by about $2. . Removing the limit now as it might go lower further if we see 1719

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

Well with all fed crap today...anything is possible. The question is if they try to smack it down before any announcement. If you notice, before S&P announced the rating cut they smacked Gold down really hard. If any announcements are coming...I ...

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

Waiting for $1719

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