My biaz is that after FOMC gold will test 1790 - 1795 area.

Gold

This arc in play maybe? More downside tomorrow and early next week before FOMC?

Gold

I think we have made the low! During next 30-40 days i think we test that 1920 area.

Gold

If we can close above 1803 today we have a confirmed daily cycle low in place!

Gold

Big divergences in GDX and GDXJ. One more sign of bottoming...

Gold

One possible scenario. Arc forming? I think sentiment is not bearish enough? However, year end seasonality is the most bullish for gold and silver. My 6 month target for gold is 2000+

Gold

Thank you! Dollar low of day! Under 92,40 we will see gold going!

Gold

Closing 1793

Gold

Backtesting. Possibly a lot of stops under red line & liquidity available. Next week we have a lot of news catalyst.

Gold

Dollar not moving and gold dropping hmm.. Im going long 1785 double bottom

Gold

If this 2 hour candle closes above 1804 I see 1810 next.

Gold

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Gold

Update, Looking also 1776 area (61,8% fibonacci) closely. I think i will scale and buy 1784 and adding at 1776. Stoploss still 1770.

Gold

Another attack. I will buy double bottom 1784 and stoploss 1770 (in case see quickly test 1775 area). Target atleast 1800 and long term bias still bullish.

Gold

I see that gold price will frustrate a lot of traders before going up again. Maybe we need people to build up short positions before burning them. Gold closed under 10ma moving average and broke inclining trend line so possibly daily cycle low in ...

Gold

I think we will see algos smashing price up and down today. In 30mins when CPE data is released but at Powells speech we will see big moves, especially if tapering over 15bn / month will be in discussion.

Gold

Im watching 1775 - 1780$ area for buy zone today. I think at Powells speech we will see algos smashing price up and down. Looking for quick spike to 1775-1780 area. We could see that also in 30mins when CPE data is released.

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