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farukh replied Oct 31, 2019On H4 sma50 is crossing over sma150. Do you think if 1490-93 stays as strong support, it may go to 1530?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 28, 2019
I just checked out that on every rate cut, gold fell. I am not an economy expert, what could be the reason for that?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 28, 2019
It's looking to cut rates further.. forecasted data was changed yesterday
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 25, 2019
Neckline is not broken. 1495-98 is key area for bears to continue else we may test neckline again
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 25, 2019
Inverted HnS formed on daily chart and price is on neckline. If it's broken out, may go to 1530-35 target.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 23, 2019
Plenty of things are coming in last days of the month, it may turn it into red, my wish too
or vice versaXAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 23, 2019
I am also holding a short from 1488. It's looking dangerous right now. Keeping my fingers crossed..
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 23, 2019
Now looking what PA does near 1498..
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 23, 2019
It needs to close below 1488 on current h4 otherwise it may go towards 1495-1498
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 22, 2019
Previously strong support acted as good resistance today..
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 22, 2019
Good one
You can enter at current price 1488. It was strong support now acting as resistance. Not sure it will touch 1490.XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 21, 2019
It respected yesterday, let's see for rest of the week..
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 21, 2019
1496-1498 key resistance for this week. Price will fall if not broken strongly..
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 18, 2019
But still plenty of support down there.. I am long, will close anywhere around 1495
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 18, 2019
Depends on money and risk management..
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Oct 18, 2019
In my view, price is in daily range of 1470-1510 with bearish pressure. We may see bull run first till 1501-1508 then it would continue downtrend.
XAU/USD & XAG/USD - Gold & Silver Traders Thread