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

  • #11,521
  • Oct 4, 2011 4:56am Oct 4, 2011 4:56am
Quoting whatfx
short entered at 1663. scalping for 5 pips..
where can we see a reversal to go long again.
  • #11,522
  • Oct 4, 2011 5:00am Oct 4, 2011 5:00am
Quoting Doncex
Hi fellas

Im planning to go short gold,we have nice volume

what about others opinions thinking of direction?
gold reached tp

especially thanks to "TradingB" comment "that not to go short"
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gold tpp.gif Size: 23 KB
  • #11,523
  • Oct 4, 2011 5:07am Oct 4, 2011 5:07am
Quoting Doncex
gold reached tp

especially thanks to "TradingB" comment "that not to go short"
Its on your risk
  • #11,524
  • Oct 4, 2011 5:10am Oct 4, 2011 5:10am
Quoting TradingB
my opinion is go long
due to eurocrisis many people are moving to safety (gold)
thx
  • #11,525
  • Oct 4, 2011 5:10am Oct 4, 2011 5:10am
just before i go. i have just entered a long at 1645 with a small stake. to catch any retrace on the upside due to the heavey nature of the fall. market should recover some of it.


hence entered a long to get in a few pips, tight sl at1635. tp 10 pips.
even if i get stopped out, thats still 35 pips for the day. no worry trade this one.

iam definately off now...

happy trading to all
  • #11,526
  • Oct 4, 2011 5:10am Oct 4, 2011 5:10am
Quoting whatfx
i cant believe i closed my long positions seconds before the market went down. how accurate was that ? very lucky indeed. never would have guessed it.

gold always serves me well. i can always rely on gold.


also got my 5 pips on the scalp (he he)


so total for day around 45 pips.

iam done ...
Any chance of some commission on that? I went long just as you pulled out, and singlehandedly turned the tide for you.......
  • #11,527
  • Oct 4, 2011 5:24am Oct 4, 2011 5:24am
Quoting whatfx
just before i go. i have just entered a long at 1645 with a small stake. to catch any retrace on the upside due to the heavey nature of the fall. market should recover some of it.


hence entered a long to get in a few pips, tight sl at1635. tp 10 pips.
even if i get stopped out, thats still 35 pips for the day. no worry trade this one.

iam definately off now...

happy trading to all
I think it is dangerous to go long now

I hope that gold today kiss 1614.xx level,but it is only my opinion, now it is too long to short,too long to long
  • #11,528
  • Oct 4, 2011 5:24am Oct 4, 2011 5:24am
166$ made today.I am not writing "pips" because everyone have different profits on 10pips .I am using microlots.Off today.Happy Trading to all.
I have done my weekly target (588$profit) So Very happy today :-)
  • #11,529
  • Oct 4, 2011 5:27am Oct 4, 2011 5:27am
Quoting Ravissek
166$ made today.I am not writing "pips" because everyone have different profits on 10pips .I am using microlots.Off today.Happy Trading to all
Nice
  • #11,530
  • Oct 4, 2011 6:03am Oct 4, 2011 6:03am
Quoting Doncex
I think it is dangerous to go long now

I hope that gold today kiss 1614.xx level,but it is only my opinion, now it is too long to short,too long to long
I am thinking drop to support 1 at 1628 at least got raskin and bernake talking at 9am cst though....anything could come out of that.
Life's a bitch....so be a dog and cover it!
  • #11,531
  • Oct 4, 2011 6:43am Oct 4, 2011 6:43am
Quoting dogbreath
I am thinking drop to support 1 at 1628 at least got raskin and bernake talking at 9am cst though....anything could come out of that.
great comment
  • #11,532
  • Oct 4, 2011 7:21am Oct 4, 2011 7:21am
Again BULLS on the way.
  • #11,533
  • Oct 4, 2011 7:44am Oct 4, 2011 7:44am
.. out of town.
  • #11,534
  • Oct 4, 2011 8:14am Oct 4, 2011 8:14am
.... in a hurry.
  • #11,535
  • Oct 4, 2011 8:17am Oct 4, 2011 8:17am
Quoting Doncex
great comment
Looks like you called it doncex....seems like it is heading for 1614....or thereabouts.

Sherbet....support 2 is 1618.....It would not surprise me if it went all the way to 1600 support 3 levels....considering the strong downtrend....bernake must be spinning some real smack.
Life's a bitch....so be a dog and cover it!
  • #11,536
  • Oct 4, 2011 8:29am Oct 4, 2011 8:29am
Still many hours left in the trading day but if we close around current level or lower then the low from Sept 26th ($1534) will most likely be broken bringing $1400/1500 within range of possibilities.
  • #11,537
  • Oct 4, 2011 8:33am Oct 4, 2011 8:33am
Quoting SunTrader
Still many hours left in the trading day but if we close around current level or lower then the low from Sept 26th ($1534) will most likely be broken bringing $1400/1500 within range of possibilities.
Ouch....that will really rock my boat....straining right now with some heavy negatives on some buys.
Life's a bitch....so be a dog and cover it!
  • #11,538
  • Oct 4, 2011 8:34am Oct 4, 2011 8:34am
Quoting SunTrader
Still many hours left in the trading day but if we close around current level or lower then the low from Sept 26th ($1534) will most likely be broken bringing $1400/1500 within range of possibilities.
waiting!

Keep updating please.
  • #11,539
  • Oct 4, 2011 8:39am Oct 4, 2011 8:39am
Seems to me that gold sells off on Bernanke consistently these days. Curious.

Quite the opposite of his previous influence.
  • #11,540
  • Oct 4, 2011 8:41am Oct 4, 2011 8:41am
Quoting Doncex
I think it is dangerous to go long now

I hope that gold today kiss 1614.xx level,but it is only my opinion, now it is too long to short,too long to long
Are you prophet or something? Now tell me where the price will rise to?
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