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

can we get 1507 before days close?....

Banked a very good profit @1477 on short taken @1530.
Missed today's opportunity.. got to do some pending

There is always another day!

Back to short mode...all bottom sellers dried out.

short 1501.51 eveninig star on the 15M

Made some trades today but closed them (at profit).. Out of the market atm... My strategy would be (XAUUSD) UP, after the market corrects itself..
Certainly not trading overnight, specially not buy/long... Will watch for USD to release some strength for the week... I estimate/expect that USD should go back to track (meaning lose some strength in order to start regaining if slowly beginning of the next week.. and till the end of October.. at which point, new analysis...).

Price is currently at where daily trend was broken after head n shoulder formation.
A potential call for short here with SL 1509

No fuel = No boom.

Downtrend seems more like retracement.

03/10/19

Morning Traders

As things stand, Prices retested the 1485 handle and managed to get a daily close back above it and also went on to challenge the 1500 psych mark....
We are back above some key levels again( m15 200, H1 and some weekly levels)
H1 has flipped bullish and H4 seems to be flipping bullish too, for now though, still have H4 short as the 1507 handle still hasnt been taken out, although a dip came about from the attempted retest, prices failed to close below the h4 200 ema.....will keep the trade going through into the London Session and see what happens.


H1 Bullish: Buy Zone: 1491 -1496
H4 Bearish to Neutral:
D1 Neutral.


As such will look to London open and see what they do, if they buy, will look to continue buying dips into the H1 zone.
If they are selling and 1507 handle remains intact will leave current short and let it play out a little.....
The H1 zones indecision in yesterdays early sessions showed the indecision but the short term has become clearer.
Buy Dip Mode, further validation and confirmation to be given by Londons Open...


Intra Day Levels

Upside
1541.3({Extension Level)
1523.18
1517.11
1511.49
1504.28

Downside
1496.55
1492.59
1480.90
1473.69
1462.00
1449.54


Trade Safe


Attached the chart with our weekly levels, showing where we are as things stand currently...

Trade safe

GOLD can't handle 1500+ anymore. I predicted a 10% drop from 1556.A new down leg started ....see you at 1400 or lower.

long 30M ib with the trend at 1498.70

long term maybe it will drop to 1330?

1419-1417
post

I have 2 part sell and 1 sell limit is waiting at 1508 where your stop is. My stop is at 1515

#GOLD / H4

Let's see what gold will look like. The S&P is falling and could rise at any moment, and the dollar can see a slight increase today. take care .. we can be at the beginning of a month candle or at the end of it ..

i am suggesting to be red colored because yesterday i bought from there and tought that it will drop there again but its insisting to be higher and higher

i closed one part its enough one part sell and one part sell limit lets close screen and look tomorrow where we are

I bought and sold, scalper today, but I will wait for the usd data.