XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2739 | Crypto Craft

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

  • #54,761
  • Oct 11, 2020 11:09am Oct 11, 2020 11:09am
Gold (XAUUSD) has been moving higher and we know exactly why. Technical analysis showed us that possibility 2 weeks ago and we were able to capitalise on that. Now there are very good levels which can give us short opportunities on gold. These levels can also be used for position building. If these levels are broken to the up side, we can have great breakout trading opportunities.

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Technical Analyst & Trader @ Vikinsa
  • #54,762
  • Oct 11, 2020 4:56pm Oct 11, 2020 4:56pm
Quoting vikinsa
Gold (XAUUSD) has been moving higher and we know exactly why. Technical analysis showed us that possibility 2 weeks ago and we were able to capitalise on that. Now there are very good levels which can give us short opportunities on gold. These levels can also be used for position building. If these levels are broken to the up side, we can have great breakout trading opportunities. https://www.youtube.com/watch?v=RPZxHFnJGxc
FPA's analysis differs since it's based on the euphoria of the coming election and another stimulus package but the conclusion is the same as it's likely that the upside will continue up to 1950.

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  • #54,763
  • Oct 11, 2020 10:21pm Oct 11, 2020 10:21pm
Anyone buy gold like me?? Up Up Up
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Always Positive
  • #54,764
  • Oct 12, 2020 3:38am Oct 12, 2020 3:38am
Quoting Leongang
Anyone buy gold like me?? Up Up Up {image}
M5 has given selling entry so 500+ points are gonna go down but still i am practicing on my system so dont take it serious.
and my system doesnot work on h4 so h4 will hit tp it seems
  • #54,765
  • Oct 12, 2020 6:38am Oct 12, 2020 6:38am
It seems gold gonna go up in m5 chart selling is done anyone here for same...
  • #54,766
  • Oct 12, 2020 6:57am Oct 12, 2020 6:57am
I am not very much sure that it will go much further it might come down again but not confirmed
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  • #54,767
  • Oct 12, 2020 11:47am Oct 12, 2020 11:47am
GOLD and Silver longs.
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Money Maker
  • #54,768
  • Oct 12, 2020 2:10pm Oct 12, 2020 2:10pm
Quoting FireLazi
GOLD and Silver longs.{image}{image}
i am confused about gold to be long i just got out few hrs ago
  • #54,769
  • Oct 12, 2020 2:58pm Oct 12, 2020 2:58pm
Quoting OwaisJam
{quote} i am confused about gold to be long i just got out few hrs ago
So, today is some US holiday (Columbus Day) and just no moves on metals or currency. Anyway I'm waiting move up on metals for this week as swing trader.
Money Maker
  • #54,770
  • Oct 12, 2020 3:01pm Oct 12, 2020 3:01pm
Quoting FireLazi
{quote} So, today is some US holiday (Columbus Day) and just no moves on metals or currency. Anyway I'm waiting move up on metals for this week as swing trader.
Liquidity and volatility seemed pretty low in precious metals today. As you metioned, it's due to the holiday.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #54,771
  • Oct 12, 2020 3:22pm Oct 12, 2020 3:22pm
Any daily levels of gold
Kh suleman
  • #54,772
  • Oct 13, 2020 12:36am Oct 13, 2020 12:36am
Quoting FireLazi
{quote} So, today is some US holiday (Columbus Day) and just no moves on metals or currency. Anyway I'm waiting move up on metals for this week as swing trader.
yeah u are right it will go long but i trade on smaller time frames m5 so i went short.
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  • #54,773
  • Edited 2:34am Oct 13, 2020 12:39am | Edited 2:34am
Quoting Kh.suleman
Any daily levels of gold
as i love to trade on smaller time frames but H1 is also short so i dont think it will go up that easily and i dont know about levels i dont trade on these things.
  • #54,774
  • Edited 3:14am Oct 13, 2020 2:52am | Edited 3:14am
M5 is weird at this moment.
M15 is up
  • #54,775
  • Oct 13, 2020 3:13am Oct 13, 2020 3:13am
Stopped out in SILVER, but not in GOLD. Still expecting up move.
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Money Maker
  • #54,776
  • Oct 13, 2020 4:50am Oct 13, 2020 4:50am
Quoting FireLazi
Stopped out in SILVER, but not in GOLD. Still expecting up move.{image}{image}
m15 is up but the problem is H1 is down so i am expecting m15 to come down again.
  • #54,777
  • Oct 15, 2020 3:51am Oct 15, 2020 3:51am
Hi All Just Sharing My Idea.

Short Position: Short From 1900 SL - Todays Asian Session High TP - 1880. (Head And Shoulder Pattern Forming)
Long Position: Long From 1880. SL - 1860 TP 1 1920 TP2 1940 (Expecting To Happen During London Solo Session If Not US Opening Hours.
  • #54,778
  • Oct 15, 2020 6:00am Oct 15, 2020 6:00am
H4...tight
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  • #54,779
  • Edited 9:21am Oct 15, 2020 9:07am | Edited 9:21am
gold gonna go down and i missed the right point so not entering cant place sl at 1913 so not today.
  • #54,780
  • Oct 15, 2020 10:35am Oct 15, 2020 10:35am
Here is my ST view on Gold.
Gold is struggling as market didn't decide yet on direction (short or long). There are plenty of reasons for this uncertainty: US Stimulus (short Gold) Vs Risk off (US Election and COVID 2nd wave) (long Gold).
The confirmation of each direction will come with a close below 1882 for shorts or a close above 1913 for longs.
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