XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1852 | Crypto Craft

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

  • #37,021
  • Aug 21, 2016 2:14am Aug 21, 2016 2:14am
this coming monday I think we will see either gold break 1560s or drop 1330s...
if it breaks 1360s... I dont think we will see 1320s for sometimes...
  • #37,022
  • Aug 21, 2016 2:17am Aug 21, 2016 2:17am
Quoting akupapua
this coming monday I think we will see either gold break 1560s or drop 1330s... if it breaks 1360s... I dont think we will see 1320s for sometimes...
Why ? What is your analysis sir
  • #37,023
  • Aug 21, 2016 4:49am Aug 21, 2016 4:49am
Quoting akupapua
{quote} why are you so smart? how do u know it wud go down? (and it really did go down! 1337) I'm still on buy 1350 and hvnt cut loss yet... still hopin a miracle to see 1357
Gold has been caught in a relatively tight range between $1,357 and $1,330 for days now, it's logical to keep testing both these levels until it breaks out on one side.
  • #37,024
  • Aug 21, 2016 10:53am Aug 21, 2016 10:53am
Quoting coldvinc
{quote} Doesn't this support a buy for gold as well? I've heard from more experienced traders that silver tends to move a bit faster and that gold lags behind.
Silver has been far behind gold. If silver would to act, it will move faster than gold right now. I am still waiting for a breakout. Hopefully next week can see some movement.
  • #37,025
  • Aug 21, 2016 1:07pm Aug 21, 2016 1:07pm
On a weekly basis Silver had the lowest close in 7 weeks. It closed below previous daily support @ $19.38 and it is sitting right above current daily support @ 19.25. If that breaks IMO its got a long way to go down. $18.25 then $16, then ?
  • #37,026
  • Aug 21, 2016 1:15pm Aug 21, 2016 1:15pm
if it breaks 19 this week it could retrace a bit towards the 18 area before resuming uptrend
  • #37,027
  • Aug 21, 2016 1:24pm Aug 21, 2016 1:24pm
Or not.
  • #37,028
  • Aug 21, 2016 2:22pm Aug 21, 2016 2:22pm
i have many order correlation with gold >>> if it up i think im done >> very very bad trade this time
  • #37,029
  • Aug 21, 2016 3:24pm Aug 21, 2016 3:24pm
I don't trade gold but I like to draw squiggly lines. Long term weekly view:
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 60 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #37,030
  • Aug 21, 2016 7:33pm Aug 21, 2016 7:33pm
Quoting Expo33
I don't trade gold but ..
It shows.
  • #37,031
  • Aug 21, 2016 8:04pm Aug 21, 2016 8:04pm
Quoting Pip-Miner
{quote} Why ? What is your analysis sir
in using daily chart, since july till today, gold chart makes a triangle shape... seems 1330s - 1360s is the range trading... so I'm just assuming from tat point of view... sorry noobiesh trader here... hehehe... and I'm on buy and at loss, so im a bit bias here
  • #37,032
  • Aug 21, 2016 8:05pm Aug 21, 2016 8:05pm
Quoting Syndicate
i have many order correlation with gold >>> if it up i think im done >> very very bad trade this time
if it down... I'm done lol... it seems it goes down... good on u
  • #37,033
  • Aug 21, 2016 8:08pm Aug 21, 2016 8:08pm
Quoting SunTrader
{quote} It shows.
Thank you. I know I can always count on you for a snide comment.
Pride always comes before destruction.... -Proverbs 16:18
  • #37,034
  • Aug 21, 2016 8:29pm Aug 21, 2016 8:29pm
Quoting goldgirl
{quote} Silver has been far behind gold. If silver would to act, it will move faster than gold right now. I am still waiting for a breakout. Hopefully next week can see some movement.
As long as i know you have a good job at gold ... be confident goldgirl ..when pull the trigger let us know ..everybody love the green pips
  • #37,035
  • Aug 21, 2016 9:31pm Aug 21, 2016 9:31pm
For me the gold this and maybe next week is going down. Look at the weekly candles...
  • #37,036
  • Aug 21, 2016 9:34pm Aug 21, 2016 9:34pm
Quoting Expo33
{quote} Thank you. I know I can always count on you for a snide comment.
What did you expect. You said, not me, that you don't trade Gold.

But for some reason you posted in this topic anyway.

That is like saying I don't eat Steak but I think it tastes terrible.
  • #37,037
  • Aug 21, 2016 9:44pm Aug 21, 2016 9:44pm
I don't trade stocks either, but that doesn't imply I can't pick a winner or analyze a companies future prospects.

A mature person with manners would say something like:

"Anything is plausible, but in my opinion (insert productive, respectful comment here)". But, then again, that's never been your style.
Pride always comes before destruction.... -Proverbs 16:18
  • #37,038
  • Aug 21, 2016 9:47pm Aug 21, 2016 9:47pm
Quoting akupapua
{quote} in using daily chart, since july till today, gold chart makes a triangle shape... seems 1330s - 1360s is the range trading... so I'm just assuming from tat point of view... sorry noobiesh trader here... hehehe... and I'm on buy and at loss, so im a bit bias here
if 1330 does not hold will go to buy point 1310 as per my diagram I can see what you mean a tight range
  • #37,039
  • Aug 21, 2016 10:35pm Aug 21, 2016 10:35pm
Quoting Dr.House
For me the gold this and maybe next week is going down. Look at the weekly candles...
I am also agree with that.
Nobody Knows the Next move!!
  • #37,040
  • Aug 21, 2016 11:12pm Aug 21, 2016 11:12pm
Silver is not looking so good today. Broke that magic 19 number.
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