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- Fmfx replied Apr 25, 2011
1508 was broken quite fast. Currently at 1505.7. Let's see where we get a close for the NY session...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 25, 2011
Thanks for the chart. Let's see if it can hold by tomorrow when London opens...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 25, 2011
Or maybe lower? Hmm... I see some large profit taking in sight... Even here where everyone is basically Up, UP, UP!!! now talking about a "possible" retracement... Short at 1518 SL 1515, TL 1485...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 24, 2011
So why is now everybody talking about retracement, support, 1430, 1440, etc?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 23, 2011
Interesting that now more and more people are feeling the upcoming sell off...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 21, 2011
Gold is getting heavy prior to next week... Time for some profit taking and realizing some longs...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 20, 2011
Well, if we forget the FX market for a moment and think about the demand for gold, it is surprising and a bit hard to believe that the people who could not afford the GOLD previously at LOWER prices, are now running to the shop and buy it at HIGHER ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 20, 2011
Exactly. The way it is right now: buy at any price today, dip or not, and sell it for a profit tomorrow!!! We can argue all day ling about charts, trends, etc but it is a bit fishy and funny at the same time. My guess is this forum will be a bit ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 19, 2011
Calm before storm? Specially when almost everybody (including myself) is long?!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 19, 2011
"Gold is unwinding from overbought conditions, while also weighed by a DeMark exhaustion signal". url
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 19, 2011
Correction... Correction... Correction...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 18, 2011
Does not matter really as my LONG accounts are the ones that pay my bills
But still, if it was only to buy gold, why would even be a SELL button?XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 18, 2011
Well, FWIW I am long GOLD in two of my accounts and buy in dips pretty much everyday but also enjoy riding down the corrections in an account I have only for shorting metals. Do you recall the fall from 1431 to 1308 two months ago? I guess, we just ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 18, 2011
I feel a correction in Gold is around the corner, specially if we hit the big $1500... My sell account is getting ready for the ride
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 15, 2011
Thanks for the clarification
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 15, 2011
Thanks Beeb, nice example but I do not think it works quite like that...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 15, 2011
Just be carful guys... Specially the next week... Remember the pull back from 1433 to 1308 in January?
it could happen and I guess it will again. I am still long from 1340 on two of my accounts but am ready to ride the "surprise" train back for ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 13, 2011
1460 seems to be the resistance at the moment...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 13, 2011
Entering the next correction phase for the third day... 1452
XAU/USD & XAG/USD - Gold & Silver Traders Thread