For me it's not a game...it's pure investment, if i had physical gold bars i would'nt run in a hurry to sell them because i bought them @ a price and now i'm short, right? Safe trades to all, take care.

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

Thx mate, take care.

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

I will take a long vacation it seems , no more entries for me, on weekly we're still in the upwards channel and it might hit 1220 support, if it brakes that we might have some surprises (but i doubt it) the thing is i don't see any S/R at the ...

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

The news are coming in 15min....

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

Sorry mate for the late answer, my plan is to wait, i will keep this 10lots of gold at least to 1430, because when we'll be arround 1400 it's very difficult for me to believe (but not impossible ) that we we'll have another retracement to 1340 or ...

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

Hi guys, i've been taking a break and it looks like i'll take some more brake, i already have 10lots going long and i will stop for now, my last entry long was @1340, all is going according to plan, we needed a retracement before going higher, we ...

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

Hello guys, we have , in my opinion, 3 rsupport levels, first one is @1360 where it meets 61,8 fibonacci and also the line channel wich might become the support line, if it brakes those, the next support might be 1350 wich was a strong S/R level for ...

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

If this 4h candle closes above 1370 i will add more long

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

I will wait for the next 1h candle to close to see if the 1370 has become resistance or support and decide from there. P.S. From what this 1h candle shows right now: 1370 will be support....but you never now with the good old gold Blood bath ...

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

I agree with you mate . This is possible the train to that retracement i've been waiting for. P.S. Buy limits for me @ 1350 and 1355 The gold is incredible , doesn't want to give up.

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

It will but not yet. P.S. The fight is @ 1370 - support

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

In aprox. 2 hours Bernanke speaks, should be interesting.

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

Bought another 1lot @1374, just testing.

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

I was hopping for a retracement to 1358 (where i have a buy order) but the today's news does not help the falling dollar: "This is the second largest trade deficit this year, the trade balance has been trending lower since a little before June 2009 ...

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

Today we have important news and if they will be as predicted, gold surrely will be higher than 1390.

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

Fibo's, channels, S/R and news, that should be all, in my opinion, that we need to use, TIME is the best indicator that anyone could have when trading gold and that indicator ALWAYS says go long. Safe trades.

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

Good morning guys, holding on 'till 1390 than sell 2 lots and buy 1 lot wich i will keep no matter what for 12 months, after 1390 hope for a retest of 1355 wich was a strong support/ressistance to enter long (4 lots).

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

Retracements happen often after this kind of price action, hard dip for me is something above 150-200$ but given the situation of the economy this days there won't be soon a hard dip, but a retracement of 30-50$ may occur and i am hopping for one ...

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

Try to enter long with the ammount that it won't harm you if it dips hard but if it's rising you will win, that will also train your patience and it'll teach you to restrain yourself in other transactions. Next stop has to be 1400 and then a dip, ...

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

My kind of trading Hoping for a dip to add some more.

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