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- jsr replied Jun 1, 2012
I'm still bearish. If price breaks 1700, then I'll change my mind. Let's see what happens when price test TL from Oct 2008 - Dec 2011. But, as I'm not a long term trader, I don't care that much.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied Jun 1, 2012
Thanks Fib.
Let's see. Maybe NFP will make price of gold go higher, but 1635-1645 should be a good resistance, not to mention that 1600 has been tough for bulls.XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 31, 2012
BTW This is my view in monthly. Bearish engulfing & RSI Bearish Failure Swing & Fib retracement.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 31, 2012
Hi, image is missing. Can you upload it again? I'm curious.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 23, 2012
S&R working well, last one broken at first attempt. H1.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 23, 2012
Well, let me see, your chart looks like a pine forest. I'd say: Use some other colors.
Just kidding. If you are asking for reasons behind our calls, mine is posted some pages ago. I think gold can make a weekly and maybe a monthly close below ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 22, 2012
Have you noticed this? Last time MVA or SMA(200) in daily was facing south was 3 years ago. Just a curiosity.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 22, 2012
Now we are talking. By the way, I'm expecting 1500-1510.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 21, 2012
. This is H8. Channel with lines at 25%,50% and 75%. There were reactions and consolidation near them. Price is consolidating at median line of the blue pitchfork, Right now I'm using this for scalping, waiting for the next move.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 16, 2012
The technical analysis you shared. It's like the ones in plus.dailyfx.com
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 15, 2012
Yeah, you just need to know what you are looking at. Many things are hidden just in front of our eyes, so I know what is noise and what is not. We don't use a single timeframe to trade.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 15, 2012
Equidistant Channel, using lows of Sep/11 and Dec/11, and high of Nov/11. High of Feb/12 was just below the top of the channel, so I'll expect a new touch at the bottom.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 14, 2012
This is Weekly. Price kissed trendline from Jul/11 to Dec/11. My SL is @ 1552. If this trendline is broken, I'll wait gold @ 1508, expecting a test of the red channel.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 14, 2012
Well, now that everyone is afraid and/or short, I'm long with tp @ retest of the broken trendline and top of the channel. H8 chart, my entry order was triggered @ 1560,45, many days before, but, trade is open, I won't complain.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 10, 2012
That is the procedure. But it have to be an image (better if it is .png) so it can be seen.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 9, 2012
Second daily close below trendline which is currently around 1620. 1600 is a psicological level, but is well below the trendline. So, I think many bulls will wait to place their entry orders.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jsr replied May 8, 2012
lilpip, I'm curious. I'd like to see your daily, weekly and monthly charts with your indis and S&R levels. Sorry for that. It's just that I like your posts and I'd like to see what your eyes see after you setup your charts.
XAU/USD & XAG/USD - Gold & Silver Traders Thread