it looks it will now be trapped for comming months. see the rectangle.

AUD/JPY

A general question, is WTI is driven by technical or mostly fundamental? Reason being, Oil is always in news for some reason. Appreciate the views.

WTI Crude Oil Trading

Very much likely it will hit 1560 soon may be Monday!! You can see the right angle triangle bullish formation, possible break above 1530 line.

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

I am impressed with the detail insight into macro data. You are a valuable member of this group. Be active. CHeers

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

Hello Vorenzd, Any thoughts on today's housing data?

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

Today I manged to get long from 1506 !!! its H4 level support static and dynamic.

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

Thanks mate for your detail view . I had only bird's eye view on the economic data. My idea was strong economic data will prove the case for Fed's hawkish stance and should reflect it on gold prices at least today. I have to study the macro data in ...

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

it looks fishy, the response of the gold is not in sync with the US economy data. Just one day before a positive news on US CHINA deal has shaken the market. I feel is huge manipulation. already selling is priced in the market.

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

yes mate, I have locked the profit.

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

a word of caution, have a look and let me know the thoughts. at H4, I can see the broadening reversal wedge formation. Its showing MACD divergence too. I think its getting ready for supper fall. It might be validated if China reciprocates some ...

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

I trade only in one direction since I weigh 50% to fundamentals. I dont trade before the releases. Only after it gives clear direction. If retails sales will be good I will plan for dip buying near H4 support. If they are screwed may be at ...

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

yeh, it took long time, I thought at least in TKY session it might reach to its normal levels from the dip to 1510 range. Now I will wait for next USD retail sales numbers. I think it will be screwed!!

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

Its live, I am holding it. I think it will retrace again to 1500 before it will properly go up.

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

No luck today, entered long from 1497. I.e H4 support.

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

CPI is positive, gold will retrace now. I have placed a limit buy order at 1508.5 which marks upper edge of the traingle breakout level

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

Today's US CPI release may produce the retracement and create dip buying opportunity.

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

I closed the positions at 1515. It broke earlier than expected.

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

The H1 traingle have broken upwards. Now worth buying at retracements. Immediate technical target is 1515 and after 1530 based on the previous resistances.

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