Range is STILL NOT BROKEN though so trade accordingly. Tight range would be 1235 at lowest to 1255 at best. 20 bucks... Not that big. Later in the year we should be enjoying 50 USD swings especially once the DOW and SP tank and volume rises.

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

Now look at that line bounce!

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

Rhodie - Good post mate, will hopefully be able to comment on it later. BUT FOR NOW - THIS IS AN IMPORTANT WEEKLY CLOSE!!!! Notice how 1252 is supporting the round 1250! Suggests further higher price movement for next week, don't mind a 10 USD ...

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

Nice Mate! Great Rules!!! (maybe I should make mine more strict!) I would like to see some further explanation on how you are using these ellipses for trading. Wish you well and just keep working harder and harder. Only way to true ...

Learning live account trades with The Rhodie (Fibonacci, etc)

It's important to look at todays correlation with Gold and all PMS moving north as well as the USD or "in tandem" --- the usual correlation is Gold UP - USD down or vice versa, but as we can see - not all the time like today! Also in regards to the ...

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

Hey Mate, Nice boost today but I agree, we need to pass through 1255 with some confidence then takeout 1260 to really pave the way to higher prices. Although, the recent support found around 1235/8 with a today's pop back up does look promising ...

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

Rhodie, I really LOVE your post - BUT - and a big BUT at that is that It really works in the OPPOSITE way. I have been a TECH and FUNDY trader of gold for almost 10 years now, I say 7 on my page for my join date. GOLD does WELL with TECHS SOLELY ...

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

Fun day! we moved about 60 cents!!!!!!!!!! It's days like these YOU TAKE OFF and PREPARE to risk a decent amount of money on the NEXT REAL TRADE. Still long until I get stopped out in profit................

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

Impressive! Nice job mate! I'll surely test her out if you like! Until later. Looks like another slow day, keep eyes on USDX and stox.... Unemployment is coming in 15 minutes with core CPI - should swing the market at least ten USD. I expect UNPLY ...

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

Hi Buddy, Gotta run in a few but your post caught my eye. It really, really depends on the release. Sometimes I am well positioned before the release and don't close trades until after it has more than settled to ensure fills. Usually, I would have ...

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

Dude, If you were around for more than a week you would have gotten the trigger @ 1190 to TP @ 1250. A 60 USD move. With ease and patience. Post here all you want just lose your snide attitude. I post for all directions. All the time. So? DO YOU ...

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

For instance - SMALL 20 USD THREE DAY RANGE BELOW. 1235 BOTTOM 1255 TOP Why should I waste my time drawing lines on that! - The TA I do is H4 to Weekly. If the market is dead I will outline at very least H1 areas solely for day trading. these areas ...

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

LINE CHARTS - Show the more TRUE support and resistance AREAS that GOLD and SILVER respect. Candles are great for day trading, but a line is where the price turned thus, finding - T R U E R - support and or resistance. All candles add is reaction ...

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

LOL - How? It's simple, Since I have been staring at these charts for the past 7+ years I don't need to always add fancy little lines and a crap load of distracting and useless, lagging indicators. I look at the price ACTION and the news for the day ...

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

LOL - Where is there a clear "bear flag'? You realize a flag needs a POLE NORTH, first - or breakout, in your case south for a bearish flag So a southern breakout, then a defined area in this case sloping UP for a bear flag IN RANGE - creating the ...

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

Don't know what charts you are referring to - the ones I "make" or "take/borrow" from kitco? It doesn't really matter to be honest. I have the weekly memorized after 7 years of looking at the yearly and the 10 and monthlys. So..??? What are you ...

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

DAMN, this is why I LOVE the three day line chart kitco provides. It's almost like fill in the blanks trading... Always set stops accordingly yet LOOK AT THE PA. IT WAS OBVIOUS, even on a SOLELY TECH basis we were in for a dip... Yet back above ...

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

Rhodie, Just some kind advice, I think you might need to do a "Little" adjustment on your market view for gold in the mid or immediate sense. I Try to post fundies and news here all the time, yet every one just wants to trade the "techs" because ...

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

back above 1240, glad I didn't close the second half... WAITING. Today's news was useless as far as BIG SWING TRADING, just an avg. `10 USD swing or so......

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

The buck is up today and rising world stock indexes have been pulling money away from Gold for months now. All and all so far it's just another 10 USD appx swing - so no big deal. When the DOW and SP correct though there should be a nice boost in ...

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