XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1270 | 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

  • #25,381
  • Sep 18, 2013 12:52pm Sep 18, 2013 12:52pm
any ppl can give the point news about FOMC after press conference??

I'm cant streaming.. Because my connection is suck!

http://www.ustream.tv/federalreserve
  • #25,382
  • Sep 18, 2013 1:02pm Sep 18, 2013 1:02pm
Quoting Thepipster
price is exactly where I said it would be at intersection of lines. It's 50-50 from here. {image}

You saw it here...trendline break, no taper
Too close for pips, switching to points.
  • #25,383
  • Sep 18, 2013 1:04pm Sep 18, 2013 1:04pm
Boom +30 and counting, let's see if she can hold the gains.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #25,384
  • Sep 18, 2013 1:05pm Sep 18, 2013 1:05pm
Quoting santuary123
any ppl can give the point news about FOMC after press conference?? I'm cant streaming.. Because my connection is suck! http://www.ustream.tv/federalreserve

try this
http://blogs.marketwatch.com/capitol...ss-conference/
  • #25,385
  • Sep 18, 2013 1:21pm Sep 18, 2013 1:21pm
Quoting rencetan
{quote} try this http://blogs.marketwatch.com/capitol...ss-conference/
Thx sir.. But still miss that news T_T
  • #25,386
  • Sep 18, 2013 1:27pm Sep 18, 2013 1:27pm
Quoting XTrade
{quote} Sure it's a small one and on the hourly looks like the max width is about 25 bucks, from 1310 to 1295 appx so not sure where your chart is now or in other words which bar we are on but I'll imagine it broke at 1305 Thus, 1305 breakpoint +25 = 1330 completion. If the FOMC is DOVISH we can easily test 1350 today, HAWKISH and we could slide back down thru 1300 again this time with eyes on 1275 or less. Just my two cents obviously if you guys want to place your trades before hand keeping them small is likely a good idea and don't get too afraid...

Just love the way this looks on the 15 min!
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 41.png Size: 111 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #25,387
  • Sep 18, 2013 1:30pm Sep 18, 2013 1:30pm
x-trade...what, in your opinion, will it take to get past 1350?
Too close for pips, switching to points.
  • #25,388
  • Sep 18, 2013 1:30pm Sep 18, 2013 1:30pm
Quoting thodie
maybe i´, affected by my long trades, i expect a bounce up at FOMC silver is on the 0.62 fibo level with tweezer buttom on 1h TF additionally descending TL on MACD and RSI with bullish divergence on the last low. {image}
news triggers technicals

Thank you Ben

my exits were a bit early but who cares

Edit: chart added
Attached Image (click to enlarge)
Click to Enlarge Name: AGI.PNG Size: 40 KB
just do it
  • #25,389
  • Sep 18, 2013 1:52pm Sep 18, 2013 1:52pm
Quoting emilnow
Silver - Monthly Double Pattern - Target at 161.8 Fibo Level
Attached Image
Target at 161.8 Fibo level...

Keep it simple and trade with the trend
  • #25,390
  • Sep 18, 2013 1:54pm Sep 18, 2013 1:54pm
Quoting emilnow
{quote} Target at 161.8 Fibo level... {image}
is that a ZUP indicator u are using?
Risk comes from not knowing what you're doing.
  • #25,391
  • Sep 18, 2013 1:57pm Sep 18, 2013 1:57pm
Quoting XTrade
Boom +30 and counting, let's see if she can hold the gains.
seems like the inv H&S is shaping up pretty good i think..
Risk comes from not knowing what you're doing.
  • #25,392
  • Sep 18, 2013 2:06pm Sep 18, 2013 2:06pm
Quoting Fizie
{quote} is that a ZUP indicator u are using?
Classic Gartley Pattern !!

Attached Image
Keep it simple and trade with the trend
  • #25,393
  • Sep 18, 2013 2:10pm Sep 18, 2013 2:10pm
Quoting Thepipster
x-trade...what, in your opinion, will it take to get past 1350?
Sorry was watching the charts.

Basically exactly what just happened off the early morning low of appx 1290 pre US Session,
The price has added of 60 bucks erasing all losses then a nice explosion after the FED.

It hit 1350 twice on the 15 min and had a chance to break below 1340 and bob, giving half back and subsiding to 1330 area,
Yet so far it didn't - after remaining just under 1350 it was able to push through likely on some buy stops and more spec trading, if the price can
continue to rally or even just maintain highs there is a decent chance it may close above 1350.

wouldn't be surprised to see some of it given back by the end of the session yet the USD is getting dumped across the board.

All majors and minors have added +100 pips opposite the USD and cable is exactly where I wanted it to be at 1.6050 last I checked.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #25,394
  • Sep 18, 2013 2:14pm Sep 18, 2013 2:14pm
My analysis for gold was posted on page 1268. Got into that trade on 1290 level. I am thinking now if goldman sucks and friends wants to drive price lower, technically i only see limited rationalization for it with some price structure on levels we are at now to take a short position, which i am not ambitious enough to take. On the biased believe of my own long position I think that we might not see the 1300 level ever again. Just want some input from the senior traders if there is any events or plots in the near future that could drive price lower again. I am more of a scalper but want to see how long I can hold on to this trade without taking profit to early.
  • #25,395
  • Sep 18, 2013 2:23pm Sep 18, 2013 2:23pm
if weekly closes like this we might see 1420 in the next week..

weekly bear got reversed with fomc
  • #25,396
  • Sep 18, 2013 2:36pm Sep 18, 2013 2:36pm
following on from my post 25454 - does anybody really think that the markets were not manipulated lower in the knowledge that there would be a strong move higher once no taper was announced?

if the markets had not been taken down and had been allowed to trade at say the 1380 level then we would already be pushing the mid 1400s

this happens time and again - i pointed out the same thing prior to last month's nfp. knowing it will probably occur is not rocket science and should be taken advantage of...
  • #25,397
  • Sep 18, 2013 2:54pm Sep 18, 2013 2:54pm
its time to go up?
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-09-18_2149.png Size: 43 KB
  • #25,398
  • Sep 18, 2013 3:34pm Sep 18, 2013 3:34pm
My consensus: if we get below 1350 by 11pm then it's possible south direction however I dont think it will reach that anytime soon. Probs wait until the Japanese open again

Close above 1350 looking at 14s and areas of 1415-1420 for new direction.

Any comments welcome
  • #25,399
  • Sep 18, 2013 3:38pm Sep 18, 2013 3:38pm
Quoting cg uno
following on from my post 25454 - does anybody really think that the markets were not manipulated lower in the knowledge that there would be a strong move higher once no taper was announced? if the markets had not been taken down and had been allowed to trade at say the 1380 level then we would already be pushing the mid 1400s this happens time and again - i pointed out the same thing prior to last month's nfp. knowing it will probably occur is not rocket science and should be taken advantage of...
Time is the best teacher ! :-)
Per aspera ad astra
  • #25,400
  • Sep 18, 2013 3:39pm Sep 18, 2013 3:39pm
Quoting lakhan
My consensus: if we get below 1350 by 11 gmt then it's possible south, however I dont think it will reach that anytime soon. Probs wait until the Japanese open again Edit: post not complete
At this point this late in the NY session and the price still quite strong, even on retracement or rather slight correction I really don't see much below 1330 happening.

I'm a bit impressed that with the current weakness gold was able to get up and into the cluster of resistance between 1358 and 1368.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
29 traders viewing now, 1 is registered:
alireza8088