XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1109 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD, Silver/USD

Similar Threads

Gold futures & XAU 78 replies

GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies

Daytrade - XAU/USD & XAG/USD 14 replies

XAU/JPY & XAG/JPY 13 replies

Successful XAU/USD traders 7 replies

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

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

  • #22,161
  • Jan 8, 2013 11:17am Jan 8, 2013 11:17am
Is not this fun? In principle, now both these Head and Shoulder patterns have to reappear every day...

http://img705.imageshack.us/img705/5...shouldersw.png
  • #22,162
  • Jan 8, 2013 11:25am Jan 8, 2013 11:25am
Quoting beeb
SI 5min running well

http://www.screencast.com/t/cxABnyoxcSPc

Fork is mod schiff from A but works almost as well as unmod from AA

beeeb
Would like to see it cross the median today.
  • #22,163
  • Jan 8, 2013 11:33am Jan 8, 2013 11:33am
Quoting ivars
Would like to see it cross the median today.
Well given that it was previously resistance I would certainly consider support there a bullish sign - however I don't subscribe to the view that 70% (or whatever percentage it's supposed to be) of ML breaches mean price will reach the opposite parallel.....

beeb
  • #22,164
  • Jan 8, 2013 11:54am Jan 8, 2013 11:54am
Hi every one.
I'm looking to buy gold around these levels.
Already gone first small one. Will add according on price and conditions.
Will close if lose the 1600.

I explain everything in detail in this 12min youtube video if interested.
90% of traders use TA, indicators and prediction
  • #22,165
  • Jan 8, 2013 1:21pm Jan 8, 2013 1:21pm
Quoting KADC
A lot of comments and charts over the weekend, but I'd like to address the concerns of the fellow that got banned as I think a lot of people share his frustrations when they don't see the predictive nature of certain areas of technical analysis.

Let's just look at trend lines since that's basically what he had a problem with. I've got two sets of bull and two sets of bear trend channels at the daily level at the moment. The bear channels are just from the correction whereas my bull channels go back to 2009. It's hard to demonstrate in a screenshot...
Very nice work, thanks for your effort, very informative.

  • #22,166
  • Jan 8, 2013 4:23pm Jan 8, 2013 4:23pm
Am noting the GC Daily close pretty much at the 200MA.....

beeb
  • #22,167
  • Jan 8, 2013 10:00pm Jan 8, 2013 10:00pm
Hello,

that´s my first post, maybe the last just to subscribe

nevertheless i want to bring in some information.

http://www.seasonalcharts.com/classics_gold.html

SeasonalCharts is a project by Dimitri Speck.

Disclaimer: I´m not related to this guy

http://www.seasonalcharts.de/img/INTRADAY/XAU.GIF
just do it
  • #22,168
  • Jan 8, 2013 10:14pm Jan 8, 2013 10:14pm
Quoting thodie
Hello,

that´s my first post, maybe the last just to subscribe

nevertheless i want to bring in some information.

http://www.seasonalcharts.com/classics_gold.html

SeasonalCharts is a project by Dimitri Speck.

Disclaimer: I´m not related to this guy
Seasonally, 2012 ended atypically, but if things get back to "normal" we can look forward to a final dip in the next couple of days (a sharp dip and reversal would make me more comfortable that the correction has ended) before prices start to rise.
You can always make money tomorrow provided you don't lose it today.
  • #22,169
  • Jan 8, 2013 10:18pm Jan 8, 2013 10:18pm
I'd be satisfied to see that top DTL pierced thaen tested to see a rise at this point, now that the new year is here and volume is back we should be seeing some big days ahead ie: 50 USD swings, the price has remained stagnant too long at this point.

However if it takes what you said than so be it.

BTW nice call on NZD / JPY, hit 12 month highs the other day!

Quoting KADC
Seasonally, 2012 ended atypically, but if things get back to "normal" we can look forward to a final dip in the next couple of days (a sharp dip and reversal would make me more comfortable that the correction has ended) before prices start to rise.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #22,170
  • Jan 8, 2013 10:32pm Jan 8, 2013 10:32pm
comparing fractals and ma´s this would be my favourite scenario until feb/mar
Attached Image (click to enlarge)
Click to Enlarge Name: Präsentation1.jpg Size: 213 KB
just do it
  • #22,171
  • Jan 8, 2013 11:08pm Jan 8, 2013 11:08pm
Seems logical, and there is an underlying rising TL below.
Quoting thodie
comparing fractals and ma´s this would be my favourite scenario until feb/mar
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #22,172
  • Jan 9, 2013 2:05am Jan 9, 2013 2:05am
I've been talking about a 'Cup and handle' pattern on Gold for weeks now.

See my latest post on this is (down the bottom of page on RHS at : http://tradespottingthemarkets.blogs...is-070113.html

Now Dean Malone from Compass FX is talking about it!..... http://www.compassfx.com/video/ip/10...34aeae4f46878b
  • #22,173
  • Jan 9, 2013 4:28am Jan 9, 2013 4:28am
here is the update about my trading idea in GOLD (XAU USD)
it's just 10minutes.
in few words i'm considering long at these levels 1630-1660 but best will be if n once broken up > 1680-1700
90% of traders use TA, indicators and prediction
  • #22,174
  • Jan 9, 2013 4:32am Jan 9, 2013 4:32am
Quoting TradeSpotting
I've been talking about a 'Cup and handle' pattern on Gold for weeks now.

See my latest post on this is (down the bottom of page on RHS at : http://tradespottingthemarkets.blogs...is-070113.html
Nice website TS

The cup and handle has been talked about on the thread for a good while too.....

SI 5 min from yesterday still just about hangin' tough - not something to base a swing trade on but should have been good for a few quid.....

http://www.screencast.com/t/ZNO3Gcj5r

beeb
  • #22,175
  • Jan 9, 2013 4:43am Jan 9, 2013 4:43am
Silver just crossed the median of this one and tested support once:

http://img594.imageshack.us/img594/2...wayfromdow.png
  • #22,176
  • Jan 9, 2013 5:31am Jan 9, 2013 5:31am
Quoting _BBKing_
here is the update about my trading idea in GOLD (XAU USD)
it's just 10minutes.
in few words i'm considering long at these levels 1630-1660 but best will be if n once broken up > 1680-1700


somewhat similar view. i aint going long until it crosses above 1670 at least.

got stopped out for - 3 on my short yesterday. but my dow trade is still going strong over 70 pips thus far. good start to the year
  • #22,177
  • Jan 9, 2013 5:46am Jan 9, 2013 5:46am
Quoting whatfx
somewhat similar view. i aint going long until it crosses above 1670 at least.

got stopped out for - 3 on my short yesterday. but my dow trade is still going strong over 70 pips thus far. good start to the year

i will be looking to short gold into 1700 again (1700 to 1750) and prints a reversal pattern again.
90% of traders use TA, indicators and prediction
  • #22,178
  • Jan 9, 2013 7:29am Jan 9, 2013 7:29am
Quoting _BBKing_
in few words i'm considering long at these levels 1630-1660 but best will be if n once broken up > 1680-1700
Gold was past and retesting the upper limit of that that huge range you were "considering" for nearly a day before you even posted.

Quoting _BBKing_
i will be looking to short gold into 1700 again (1700 to 1750) and prints a reversal pattern again.
Then you contradict yourself an hour later saying you are going to short at $1700, unless you meant you were going to short when gold was within that even larger range.

To summarize your two posts, you will be going long somewhere within and beyond the range of $1630-$1700 and going short somewhere within and below the range of $1700-1750 even though above the former and below the latter are contradictory.

Do you have any actual targets?
You can always make money tomorrow provided you don't lose it today.
  • #22,179
  • Edited 9:02am Jan 9, 2013 7:39am | Edited 9:02am
Quoting TradeSpotting
I've been talking about a 'Cup and handle' pattern on Gold for weeks now.

See my latest post on this is (down the bottom of page on RHS at : http://tradespottingthemarkets.blogs...is-070113.html

Now Dean Malone from Compass FX is talking about it!..... http://www.compassfx.com/video/ip/10...34aeae4f46878b
XTrade (and others) have been talking about a cup and handle pattern here for weeks as well.

A link makes sense for the Dean Malone information since it's someone else's work, but when you're posting here in this forum XTrade has created for our benefit you should post your actual gold and silver ideas (as you have done and I've appreciated in the past) and leave the self-promoting link in your signature.

I'm sure anyone who finds what you have to say valuable will want to check out your blog.
You can always make money tomorrow provided you don't lose it today.
  • #22,180
  • Jan 9, 2013 9:41am Jan 9, 2013 9:41am
The reason in price fall, if anyone interested:

http://www.cbo.gov/publication/43837

Short term USG deficit reduction may require smaller borrowing. That is how market reads it. In my opinion, it will just prolong the debt ceiling negotiations time line and thus uncertainty period for the USG debt development ( and hence fiat Money supply world wide).
50 traders viewing now