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

Hello Sir,

With your charts please include the Prices on the side of the chart as well as a time frame so we can understand what it is you are looking at.

Although it may be clear in some instances it is better no one is guessing and can read your analysis quickly and easily, likewise provide any advice or answer any questions should you have one.

Thanks!
XT-

Hey, Sorry, I keep forgetting I am cropping those out of my images.

PA is like: "Let me visit every local S&R, TL, Fib and pivot. Then do it again but randomise the order..."

In a way it doesn't matter where you entered - PA will fling past your order 2 or 3 times and leave us wondering if it's going to repeat yesterday's move at this same time or if today's the day when it goes opposite! Good grief.

I agree with you all the way today New York market move very weird..

When you posted this two hours ago the price is in exactly the same spot then as it was now. -- edit: Rather it went straight up upon the open and now returned. -- and there is a positive 7.60 or so on the board for the day so advice to "simply sell for the day" is not safe or wise. There was a simple 5 USD swing and if you look at it, it was simply to test the now broken again S/R level of 1315. After the test the price reversed back and continued to the prior high. This all started very early this morning from sub 1312.

These are what we call here unsubstantiated claims with NO backup, either technical or fundamental. With mind you some Glaring problems at that. I'm not going to get into too much detail but, first off,

- Gold is NOT a "risk currency" furthermore it is not even a "paper currency" or "currency" for that matter, it does act like one in certain aspects, yet it is still
a commodity and should be treated as such. It's not even considered a "risk asset" money will flow into it on risk or as a safe haven or as a hedge, etc. When all "risk is being averted" commodities as whole can be subject to money outflow.

- It doesn't matter if the past ten days were the same in one session, each session is different and each day is different. Many things can happen in a day that may affect the markets. Like WAR, Natural disasters, Politics, etc. To simply "do the same thing because that's what yesterday did" is foolish and poor advice to anyone I think you can see that now.

- You are trading a 15 minute chart. Not everybody here trades on such a short time frame.

- Yesterday gold moved sideways during the US only session. Remember that for the first half of the US session London is still actively trading until 12:00pm EST

I guess we have to prepare ourselves for important news tomorrow and Friday.

I was trying to remember what PA on the M15 reminds me of and it just came to me: a bucket full of angular eels...

When PA makes these tight knots of seemingly pointless correction and counter-correction, it makes me think the market's psychology is schizoid - i also notice several large long orders (causing an instantaneous $1 spike up) were dropped in there starting during the Asian session... too much coffee, perhaps?

Maybe its my mistake but i think that we retest 1321 again

hehehe, this might happen but the only mistake you made is not posting a chart or analysis. Now the rest of us don't know WHY you think so

I think this may be a glitch - volume didn't work on netstation, then I shut it down and re -booted it and it worked.

Lately - there have been a couple freezes and I tested out the demo with them for fun, the features and order placing is great. Some things need work,
so once I make some notes 'Ill call or write them an email.

Hi Folks..

Below is my short-term view of Gold price movement.. 1268 could be a critical turning point..

The one time I was so bored I could hardly stand the feeling. I was thinking about what might exist beyond where space ends... I started noticing little dust grains and an ant dragging a mosquito leg to who-knows-where. I looked around but everything just stayed the same... it was terrible. However, that time was actually exciting compared to today's Gold PA.

Goldhog Day

hahaha yeah gold has been quite boring today, i made few pips in EU & AU though.

for me gold right now is in no mans land! i'm monitoring the possible H&S as indicated in the chart, apart from that i'm only watching and intending to take any trade!

Breakout of downtrend resistance on 15min.

Get ready Neddy. 1266 is calling............

Today is the day for big Gold Bull !!! Buy anything 1308-1318 for God's sake !

without supporting analysis your post is just noise

...and loose all your money

I also think the price will break in 1330 tonight. let's buy