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

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

#36,841
Jul 26, 2016 7:19am Jul 26, 2016 7:19am

manosk
Joined Nov 2014 | Status: Very Important Member | 776 Posts

Quoting goldgirl

Disliked

{quote} The more IS attacks,militaries conflict n political conflicts, the more gold will go up. Physical gold is almost out of stock now.

Ignored

I hear you but I have been hearing that for years now, and I dont doubt it but the gold market like many other markets are massively manipulated so I cannot think about it long term, except if I am buying physical, but here we are talking about trading. I used to think about gold long term in the past with tragic consequences, tradingwise. Nonetheless good call for support at 1313 and bounce from there. Spot on.

"Bulls make money, bears make money, pigs get slaughtered"

#36,842
Jul 26, 2016 7:57am Jul 26, 2016 7:57am

goldgirl
Joined Apr 2016 | Status: Trader | 970 Posts

Quoting manosk

Disliked

{quote} I hear you but I have been hearing that for years now, and I dont doubt it but the gold market like many other markets are massively manipulated so I cannot think about it long term, except if I am buying physical, but here we are talking about trading. I used to think about gold long term in the past with tragic consequences, tradingwise. Nonetheless good call for support at 1313 and bounce from there. Spot on.

Ignored

Yup. I agree with you. Therefore, we can spot on some good support area to have a buy on dip. I have been studying gold chart for 3 years. I look at the history record as well. Right now is a very good chance to buy gold for a long term investment purpose.

#36,843
Jul 26, 2016 8:00am Jul 26, 2016 8:00am

goldgirl
Joined Apr 2016 | Status: Trader | 970 Posts

There will be time (short term 1-2 weeks) Gold has a potential for retracement. I trade on counter trade too. However, the short lot size will be 1/2 the long lot size.

#36,844
Jul 26, 2016 8:07am Jul 26, 2016 8:07am

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

Quoting goldgirl

Disliked

Right now is a very good chance to buy gold for a long term investment purpose.

Ignored

That is what people said in 2011, and 2012, and 2013, and 2014, and 2015.

What happened to those who bought during those years. Doesn't it matter what price someone pays - even if they are thinking long term.

#36,845
Jul 26, 2016 8:18am Jul 26, 2016 8:18am

goldgirl
Joined Apr 2016 | Status: Trader | 970 Posts

Quoting SunTrader

Disliked

{quote} That is what people said in 2011, and 2012, and 2013, and 2014, and 2015. What happened to those who bought during those years. Doesn't it matter what price someone pays - even if they are thinking long term.

Ignored

I start to trade gold since 2013 on and off. Basically, it is on short. I ever long gold at 1086 and sold at 1330. There then I continue to short and keep shorting on spike. Until FED first rate hike and gold at 1050. Well this is the best time for reverse trend. The reason for the current long term long trend is the bubble risk of the US stock market and currency wars.

#36,846
Jul 26, 2016 8:35am Jul 26, 2016 8:35am

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

Quoting goldgirl

Disliked

{quote} I start to trade gold since 2013 on and off. Basically, it is on short. I ever long gold at 1086 and sold at 1330. There then I continue to short and keep shorting on spike. Until FED first rate hike and gold at 1050. Well this is the best time for reverse trend. The reason for the current long term long trend is the bubble risk of the US stock market and currency wars.

Ignored

Timing is the hardest thing to get right - in trading OR investing.

My opinion new lows are still coming.

#36,847
Jul 26, 2016 9:17am Jul 26, 2016 9:17am

kasra79
| Joined Oct 2012 | Status: Trader | 92 Posts

Gold analysis for Time Weekly

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#36,848
Jul 26, 2016 9:40am Jul 26, 2016 9:40am

cvds16
| Joined Sep 2009 | Status: Trader | 1,784 Posts

this is a funny thread ... if you want to buy gold it is now that you have to do it ...

#36,849
Jul 26, 2016 9:54am Jul 26, 2016 9:54am

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

have to

#36,850
Jul 26, 2016 12:33pm Jul 26, 2016 12:33pm

goldgirl
Joined Apr 2016 | Status: Trader | 970 Posts

Quoting SunTrader

Disliked

{quote} Timing is the hardest thing to get right - in trading OR investing. My opinion new lows are still coming.

Ignored

Therefore, I always update myself with the development of the global events. I do homework on the economy data too.

#36,851
Jul 26, 2016 12:35pm Jul 26, 2016 12:35pm

goldgirl
Joined Apr 2016 | Status: Trader | 970 Posts

Quoting cvds16

Disliked

this is a funny thread ... if you want to buy gold it is now that you have to do it ...

Ignored

Yeah, true. Once the debt bubble burst. More will flood into gold. That is why my expectation of rocket high appreciation of gold price.

#36,852
Jul 26, 2016 1:48pm Jul 26, 2016 1:48pm

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

Quoting goldgirl

Disliked

{quote} Therefore, I always update myself with the development of the global events. I do homework on the economy data too.

Ignored

Timing for the most part is technically not funnymentally derived.

And for as long as I can remember people have been waiting for the big bubble to burst. And each time it doesn't claim "manipulation".

#36,853
Jul 26, 2016 2:23pm Jul 26, 2016 2:23pm