Yes but current h4 needs to close above it. 2 hours are left.

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

What is your anticipated price maximum on top? I think 1527-1535 will be the key area to continue or return.

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

So are you long from here? And what target are you anticipating? I am already long from 1491 SL 1485 TP 1503

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

It didn't work as support but now it's showing a bit resistance now. Looking for current h4 close..

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

On my chart m15 200 is around 1506. I am also looking for that area to short. H1 sma50 is also at same area. Contrary, if it doesn't hold that resistance, h4 resistance is at 1511-1515 level or 1520 (extended). Price is in oversold area on h4.

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

Last day closed below 1500.. we need to see PA around 1482-1477. If it holds support then we may have 1511 again else it would go further down to 1458

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

If day closes above 1500, worth taking risk on long. It is at low since 23rd Aug. sma200 got near to price, acted as support previously at 1400 price level.

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

Hey bro.. no body can tell where will price exactly go. As you are planning to cut off if it goes below 1500, it may go to 1494-1497 then make new high or further go down to 1450 who knows.. We all anticipate, the more it's calculated anticipation ...

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

For buying.. Price is at fib61.8 from 1479. On h4 price is at lower side of range and RSI is in oversold area, if it acts as support and become lower of new up swing then 1585 is still on. On top 1585 fib61.8 from 1920 has not achieved as yet. For ...

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

Keep eye on 1533.. you may enter short again

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

It was range breakout yesterday. Only NFP can do disaster to sellers today

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

H4 is in buying area. 1533 should hold support for bulls again.

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

Not getting any clue right now. Already had some losses and few profits on being biased towards selling. Still overbought and divergence is there. On the other hand 1588 fib61.8 of downtrend from 1920 is very much possible looking bullish momentum ...

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

Have you taken any position today? I've banked some profit on short from 1543 to 1535. Now waiting.. just got a buy signal on h1 but not very sure that's why not taken

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

Morning Obi... Thanks for the comprehensive analysis I am having short with SL 1535, anticipating it to drop up to buying area that could be 1505 (breakout price) or 1508-1510. But for that 1530-1535 needs to play the role

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

Are you having any sell right now?

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

1527-1533 is showing resistance.. if it remains below till US open then I'll go short with SL 1535

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

Trendline from 1400 is broken in TFs m15 m30 h1 h4 & d1. On h4 sma50 price is 1523 which has become resistance from support after breakout. As long as 1523 gives rejection, more south direction is expected up to 1508-1510. Same is the key buying ...

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

Price is getting shrunk inside the wedge of horizontal resistance 1530 and uptrend line of h4.. any breakout will decide further movement

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

If price closes above 1533 on m15 m30 & h1 then it may go further till 1540

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