XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1776 | Crypto Craft

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

  • #35,501
  • Edited 1:55pm Mar 22, 2016 10:12am | Edited 1:55pm
Bombings in Belgium and Gold moved ... not that much either up or down.
  • #35,502
  • Mar 22, 2016 12:01pm Mar 22, 2016 12:01pm
Gold reached $1,260 today due to safe haven demand. Consolidating around $1,255.
  • #35,503
  • Mar 22, 2016 1:55pm Mar 22, 2016 1:55pm
What safe haven demand? It didn't even reach Friday's high. And what happened since - it dropped back down.

Try not to think like the TV talking heads and internet pundits. There was some buying earlier in the trading but more selling later on and now probably it will close basically unchanged. That's it.
  • #35,504
  • Mar 22, 2016 9:38pm Mar 22, 2016 9:38pm
A complex left shoulder .............. and now a complex right.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD 23Mar16.png Size: 67 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #35,505
  • Mar 23, 2016 5:39am Mar 23, 2016 5:39am
Long GOLD with stop loss at @ 1228
  • #35,506
  • Mar 23, 2016 5:44am Mar 23, 2016 5:44am
thats definititly going up for now
Quoting gold-analyst
Long GOLD with stop loss at @ 1228
  • #35,507
  • Mar 23, 2016 7:24am Mar 23, 2016 7:24am
it hit stop loss, so trend is definitly reversed
Quoting gold-analyst
thats definititly going up for now {quote}
  • #35,508
  • Mar 23, 2016 7:27am Mar 23, 2016 7:27am
  • #35,509
  • Mar 23, 2016 7:30am Mar 23, 2016 7:30am
1190 could be tested before reversal.
Attached Image
  • #35,510
  • Mar 23, 2016 8:40am Mar 23, 2016 8:40am
well when i meant reversal. i meant going down not going up

Quoting xolvox
1190 could be tested before reversal. {image}
  • #35,511
  • Mar 23, 2016 8:43am Mar 23, 2016 8:43am
maybe a retest of 1224-1225 area, trend is bearish ofc
  • #35,512
  • Mar 23, 2016 9:11am Mar 23, 2016 9:11am
long gold 1217 for target of 1220, will short if it gets back to 1225
  • #35,513
  • Mar 23, 2016 10:03am Mar 23, 2016 10:03am
Quoting fxmasterdxb
long gold 1217 for target of 1220, will short if it gets back to 1225
Easy money
  • #35,514
  • Mar 23, 2016 1:52pm Mar 23, 2016 1:52pm
short 1224, though 1225 - 1227 could be a better spot, my R:R is still good
  • #35,515
  • Mar 23, 2016 2:35pm Mar 23, 2016 2:35pm
Quoting fxmasterdxb
short 1224, though 1225 - 1227 could be a better spot, my R:R is still good
SL @ BE, target below 1215
  • #35,516
  • Edited 3:32pm Mar 23, 2016 3:22pm | Edited 3:32pm
I'll take my chance on long 1220 SL @ 1218. TP 1230 or let it run

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Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.
  • #35,517
  • Mar 23, 2016 5:13pm Mar 23, 2016 5:13pm
$3 move is cheap not easy money.

Easy is going with (not against) the trend.
  • #35,518
  • Mar 24, 2016 1:55am Mar 24, 2016 1:55am
Quoting SunTrader
$3 move is cheap not easy money. Easy is going with (not against) the trend.
Thats what you think, i have a strategy for gold to trade against the trend when its extremely oversold/overbought, works everytime! Thats why i called it easy money

Anyway, my short is looking good, waiting for a close below 1215
  • #35,519
  • Mar 24, 2016 2:19am Mar 24, 2016 2:19am
Quoting fxmasterdxb
{quote} SL @ BE, target below 1215
Closed 1213
  • #35,520
  • Mar 24, 2016 2:36am Mar 24, 2016 2:36am
Why is gold so much lower?

Its been a while that I trade gold.

Is it worth a buy at this level?
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