In short, trying to be rational in an irrational trading environment will only give you trichotillomania. Trade the algorithms, follow the big picture because the closer you look the less you will see. Taking a break from this freak show..........

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

This little move up looks nothing more than a fib 127.2, 88.6 and low low wick tl reaction to me. 900s won't surprise me, but by then your local coin shop may have closed. Shock and disbelieve a normal part of markets, one I take into consideration. ...

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

Want to buy but not going to fart against thunder, physical to hold yes but not this paper crap url

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

Will be looking at 1085 for first support. Long term I am bullish but all I can say for bulls is "Infinite patience produces immediate results"

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

Risky. . . I think up, my trading pseudo says down Monthly image

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

Don't think 1175 will survive another retest image

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

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

Think markets mostly agendas and algorithms and not all that rational, also don't think there any limitations on how irrational they can get. Markets always manage to cause shock and disbelieve, variable to take into consideration. . . . . .

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

Likely enough. Looking at various views and interpretations. . . . Daily RSI I was looking higher at 0.786 for pattern completion, may have missed it. . . Alternative looking at complete pattern breakdown or retest at stronger resistance. Was ...

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

Testing counter intuitive captain hindsight longs image image

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

Think next leg up is on its way H4 image Daily image

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

Currently majority of my bearish lines are breaking down, bullish lines are getting better hits at the moment. . . H4 image

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

Not yet, scalps now, shorts later above 1240 maybe

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

Currently holding a similar view H4 image Monthly image url

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

Abandoning any long attempts. Looking at break of 1130 now

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

Testing few longs at current level. Will also be looking at 1180 for resistance Monthly image

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

After viewing through plenty of threads, blogs and websites, Trying to get clarity on direction for Gold my conclusion is this. Gold should be going up, but won't. Plenty of analyst predict support at 1180-1185 range. For now I am going to ignore ...

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

M15 image

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

Eventually it will rise like there is no tomorrow. With the current worldwide climate more and more people will come to the conclusion - If you can't touch it, you don't own it. Think thats the main reason for the relentless falling, that it can be ...

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

In that regard, yes. The line were for a bullish bias, and a break of last line would change my bias. It's breaking, bias is changing

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