Is this "raid" the sell-off we saw yesterday? Does it mean that, in case the banks' total shorts are really big at the moment, we may see the uptrend resume in the next days? It sounds interesting, but it's hard to understand. I have no idea about ...

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

@beeb: that's why I used double quotes on "luck". I don't believe that anyone of you entered shorts today just by chance or depending on HOPE to be successful (even though, in a sense, every profitable trade is luck - that's why I used that word). ...

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

Relax, girls, relax... Some of you were "lucky" with your shorts. Well done. Unfortunately I had none and I couldn't open shorts just like that, it's against my strategy. I caught the other side with 140 oz long and closed almost everything @1409 ...

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

FINALLY my longs were triggered at 1424! highlander, you are right. 1423 is still holding but doesn't show strength. If it breaks, I may run to a shop and buy silver, even if it is a single coin... url

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

Are you sure about S&P500? Actually S&P is around 1300 and therefore already lower than gold. One of the terrible things in this video is the comment of that young lady. "Peter, you said about years. But how many exactly? It's too uncertain and our ...

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

Speaking of gold bulls and long term... video I don't adore this guy, but I like some of his thoughts. Luckily he still "wastes" his time on CNBC, regardless of those stupid and pointless criticism... It's like someone throwing pearls to the pigs. ...

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

Guys, why don't you use cost-averaging on your entries? Just an idea... If you enter only one order, you either win or lose, there is nothing in between. But if you spread some smaller orders around the entry point, the average entry may be even ...

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

Nice text. So XPT and XPD are related to the car industry... interesting to know... I wish we can see silver at $27 again. My dream is to buy a tube of 25 Maple Leaves. But not at $35.

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

It's funny to see XAU and XAG up, but XPD and XPT down. People are going blindly to the safe havens. By the way, the market is becoming a minefield. Rumours about Gaddafi are popping up and creating some of those sell-offs. Caution, guys! @euroscum: ...

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

Actually I didn't open the chart as full-screen before... looking at your chart, it looks more clear that 2000-2001 was a turning point. In 2000 there was the Internet bubble burst, 2001 we know already... well, it makes more sense. As I said ...

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

Suntrader gave a good reply. Interesting, I was checking the weekly and monthly chart exactly on this weekend and comparing the price increase in USD, EUR and Brazilian Real (BRL). The chart looks parabolic for USD and EUR, but XAU/BRL is quite ...

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

I am happy you didn't kill yourself When your SL was triggered, I added a long (8 oz @1411). I had longs at 1420 and 1430. Nothing related to technical indicators. I was in no way expecting such an immediate bounce after yesterday's sell-off. I'm ...

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

I don't think it's that simple. Higher interest rates for EUR and GBP mean that the economy may be recovering - the market may take more risks and leave gold aside -> XAU goes down. Another way to understand is: those folks will have to increase ...

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

good numbers in US, Trichet is signaling higher interest rates (huge spike in EURUSD) we are going down... the question is: for how long?

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

Is he/she interested to buy or to sell? There were lots of advertisement trying to get gold from the people. But if they start to PUSH silver to "normal" people, that would be THE sign of caution!

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

I don't mind at all. According to your description, it's even worse: I would have a dual personality - trading both ways (that's the reality) and with a conflicting way of investing ("It has to go up!" "No, wait! I still have to buy!" ) But ...

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

I have mixed feelings about that. It will mean pips in Forex... but highly expensive bullion coins in the physical world. The only solution I see is to keep part of them as hedge.

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

Right. It's going up very slowly, the bulls are pressing steadily. Since no pullback happened until now, I expect the pressure to burst soon. Right now we had a small "eruption" to 1419. Let's see. Bernanke will speak many times this week and NFP is ...

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

Australia sees commodities boom intact, prices to peak in two years

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

It was quite funny to read this but it is probably the most brilliant post in this forum ever. Great piece of wisdom. Yesterday I locked all my profits with a SL at 1411. Of course it was touched and I was angry for not closing everything at ...

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