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

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

#54,801
Oct 21, 2020 9:13am Oct 21, 2020 9:13am

phd893
Joined Aug 2014 | Status: Trader | 822 Posts

Quoting phd893

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#54,802
Oct 21, 2020 10:38am Oct 21, 2020 10:38am

Barnell
| Membership Revoked | Joined Oct 2020 | 1,823 Posts

Quoting Barnell

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1923 held, I think gold could be heading southwards from this point on...maybe a test of 1905 and 1903 first before any more northwards run? If 1903 don't hold, we might see 1899. I think it is currently just ranging. No real direction, let's see where it goes from here. I will be bullish if it breaks 1923.

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Buy stop TP hit for some profit. I think we have completed the range for today and will probably not have any real direction till tomorrow's Asian session. I am now bullish and will be seeking buy entries. I won't be surprised if we see pullbacks in the Asian session and will be looking to buy any major dips.

Just sharing my trade plan for what it is worth.

I will tear the world apart for you.

#54,803
Oct 21, 2020 3:52pm Oct 21, 2020 3:52pm

Barnell
| Membership Revoked | Joined Oct 2020 | 1,823 Posts

Current movement is weird, we might simply drift till closing and then open with a (small) gap down. Just my guess. Stay safe and cheers.

I will tear the world apart for you.

#54,804
Oct 22, 2020 7:18am Oct 22, 2020 7:18am

Barnell
| Membership Revoked | Joined Oct 2020 | 1,823 Posts

Wow down 1 percent...

I will tear the world apart for you.

#54,805
Oct 26, 2020 12:47am Oct 26, 2020 12:47am

Aleksbuk
Joined Jun 2016 | Status: Trader | 3,004 Posts

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#54,806
Oct 27, 2020 10:43am Oct 27, 2020 10:43am

Barnell
| Membership Revoked | Joined Oct 2020 | 1,823 Posts

Anyone thinks we end red for the day?

I will tear the world apart for you.

#54,807
Oct 27, 2020 3:48pm Oct 27, 2020 3:48pm

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts

Quoting Barnell

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Anyone thinks we end red for the day?

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Now gold is up for the day but for us it should not matter because we can win long and short trades on the same day.

#54,808
Oct 27, 2020 9:09pm Oct 27, 2020 9:09pm

Barnell
| Membership Revoked | Joined Oct 2020 | 1,823 Posts

Quoting Hutch

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{quote} Now gold is up for the day but for us it should not matter because we can win long and short trades on the same day.

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Indeed we can and we should.

1900 seems to be support, 1910 resistance. But gold's range is usually $20 a day, so something is wrong.

I will tear the world apart for you.

#54,809
Oct 28, 2020 4:35am Oct 28, 2020 4:35am

janusforex
Joined Jan 2017 | Status: Trader | 99 Posts

Last trading week of the month, Friday is also last trading day of the month. Friday will be daily, weekly and monthly closing candle and then US elections next week.

Expect some volatility

Janus Return Today: 226.5%

#54,810
Oct 28, 2020 8:41am Oct 28, 2020 8:41am

Fadhl
Joined Jan 2016 | Status: Trader | 3,907 Posts | Online Now

Main direction of Gold is LONG. We got a retrace. Gold reached 50% Fib. Expect a little bounce then a continuous of the retrace up to 1860. Between 1860 and 1872, it's a cheap ticket to go long for MT. We have risk in play with Covid obliging EUROPE to lockdowns and US Election. GL!

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