XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1884 | 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

  • #37,662
  • Sep 23, 2016 5:51am Sep 23, 2016 5:51am
Definitely going with a few sells here, looking bearish. I think its a short term thing of well. But I guess we will see where its going to go.

Attached Image (click to enlarge)
Click to Enlarge Name: XAGUSDH4.png Size: 59 KB
  • #37,663
  • Sep 23, 2016 7:15am Sep 23, 2016 7:15am
$1346 eyed for Gold.
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily_MT_23092016.png Size: 37 KB
  • #37,664
  • Sep 23, 2016 7:50am Sep 23, 2016 7:50am
I agree, it will likely test that resistance level again.
  • #37,665
  • Sep 23, 2016 9:55am Sep 23, 2016 9:55am
I am just starting out and have a super low investment budget. I am vert interested un starting learning all I can about just trading XAGUSD. I will be reading here often.
  • #37,666
  • Sep 23, 2016 10:14am Sep 23, 2016 10:14am
Im short 1340 but only because its 61.8% retracement in H1 and because its friday
Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.
  • #37,667
  • Sep 23, 2016 12:43pm Sep 23, 2016 12:43pm
Quoting dweb
{quote} Short signals from 19.925, 19.877 below latter sure drop can be expected, before the steam runs out,
descent maybe slow, but it is an descent....19.629 now
We err, and err, and err again, but less.
  • #37,668
  • Sep 23, 2016 5:43pm Sep 23, 2016 5:43pm
Quoting jmcoon3132
I am just starting out and have a super low investment budget. I am vert interested un starting learning all I can about just trading XAGUSD. I will be reading here often.
Welcome jm. Depending on your broker silver is a nice instrument to trade as it good margin requirements. Its a good idea to start with a small account and just trade micro lots for a while until you get the hang of risk management and so forth. I personally really like silver as it is much smoother than trading gold. I feel gold is heavily manipulated where as silver is for the most part left alone to trade freely according to market influences. If you have a question or two feel free to ask, but maybe post it the rookie forum as this thread is mainly used for trade ideas.

It might be a good idea to monitor this thread for awhile to see who has experience trading and who clearly does not. I'm not naming names as people get into fights and I don't want to get into it with anyone lol. Just here to pick up a few ideas and share my thoughts for good or worse. Good luck.
  • #37,669
  • Sep 23, 2016 9:16pm Sep 23, 2016 9:16pm
Quoting dweb
{quote} Short signals from 19.925, 19.877 below latter sure drop can be expected, before the steam runs out,
This was about a 40pip move...
We err, and err, and err again, but less.
  • #37,670
  • Sep 24, 2016 6:23am Sep 24, 2016 6:23am
There is nothing wrong with a 40 pip move. Sometimes I am content even with 20 pip ones.
  • #37,671
  • Sep 24, 2016 9:55am Sep 24, 2016 9:55am
Quoting jorgen.fx
Im short 1340 but only because its 61.8% retracement in H1 and because its friday
Well, becareful if that is your sole reason. It will be Monday in 2 days from now...
  • #37,672
  • Sep 25, 2016 9:55am Sep 25, 2016 9:55am
Bearish for the long-term.
  • #37,673
  • Sep 25, 2016 10:08am Sep 25, 2016 10:08am
Quoting arigoldman
Bearish for the long-term.
Hahahaa u say bearish for the long term here and u say bearish too in usd/ jpy? Margin call sir(
?
  • #37,674
  • Sep 25, 2016 10:25am Sep 25, 2016 10:25am
Reviewing the weekly SLV charts. It looks to me like it is having trouble trying to cleanly break through the $20.00 barrier. It could still do it, but I'm leaning toward being bearish for quite a awhile if it does not break though $20.00 this week. It has tested and failed 3 times in the last few weeks. This week or next could determine the overall trend for a few weeks (possibly months). Anyway I am liking the shorts I have right now as possibly to hang on to for quite a awhile and look to add short positions as it trends down (if it does).

Attached Image (click to enlarge)
Click to Enlarge Name: XAGUSDWeekly.png Size: 32 KB
  • #37,675
  • Sep 25, 2016 1:34pm Sep 25, 2016 1:34pm
XAUUSD 1H Renko & 2H chart:
Cheers, U2
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAUUSD 160925 Renko 1H [1].png Size: 30 KB
Click to Enlarge Name: XAUUSD 160925 2H [1].png Size: 55 KB
Wait, or you will be slaughtered!
  • #37,676
  • Edited 3:23pm Sep 25, 2016 2:37pm | Edited 3:23pm
2 is noteworthy but diminished ,between now and Friday bears have to take out monthly open to confirm last ,
that would be through that really big pivot zone,taking the last 2 bullish w1s lows which look healthy compared

the upper zone is major
the lower zone is major + major
2 is central to the space we have without change
actually this space has held for a year prior to now on the way down


http://www.forexfactory.com/showthre...58#post9145658

Quoting Becel
Reviewing the weekly SLV charts. It looks to me like it is having trouble trying to cleanly break through the $20.00 barrier. It could still do it, but I'm leaning toward being bearish for quite a awhile if it does not break though $20.00 this week. It has tested and failed 3 times in the last few weeks. This week or next could determine the overall trend for a few weeks (possibly months). Anyway I am liking the shorts I have right now as possibly to hang on to for quite a awhile and look to add short positions as it trends down (if it does). {image}...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Spot Silver month (DFB).png Size: 20 KB
Click to Enlarge Name: Spot Silver w1 (DFB).png Size: 30 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #37,677
  • Sep 25, 2016 2:45pm Sep 25, 2016 2:45pm
Quoting sylvin
{quote} Well, becareful if that is your sole reason. It will be Monday in 2 days from now...
I don't keep my trades open during the weekend.

My strategy is to open orders intraday where the price "may" reverse. I was short 1340 to 1337 and Im happy with that. Take (some of) the money and run, works best for me
Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.
  • #37,678
  • Sep 25, 2016 3:21pm Sep 25, 2016 3:21pm
Great/Green week ahead traders..

From where I am looking, I expect a pull back to find support and end sub wave 4! This means that if this is true, then we should expect an impulse for sub wave 5 which is also heading to the bullish wave 3...

My next bullish target is at 1350!! Expect a pull back after that to find support again..

Please tell me if I went wrong somewhere

GL and GP to all..

Cheers all
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 230 KB
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #37,679
  • Sep 26, 2016 2:31am Sep 26, 2016 2:31am
Attached Image (click to enlarge)
Click to Enlarge Name: 26.09.jpg Size: 186 KB

Gold is going to the point for buy. Globally, on Daily chart, it has long balance and he received the confirmation about long on last week. Should play this movement to best point for open long in short? I don't think so, because it dangerous, better skip it and wait а good point for open long.
  • #37,680
  • Sep 26, 2016 6:34am Sep 26, 2016 6:34am
Well, well. Approaching a support area. Has a history of bouncing off this area. Could be a good area to buy if you are long term bullish. I think I will cash out my shorts and look to buy for a bit maybe.

Attached Image (click to enlarge)
Click to Enlarge Name: XAGUSDDaily.png Size: 37 KB
155 traders viewing now