The triangle is about to break upwards. Once the Chinese GDP is data is out on Monday , I will prefer to open the trades.

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

Why the spread is so high?? It's unusual at 9 pm GMT? Any idea ?

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

Me too have surprised with the amplitude of the gap on GOLD today. One thing I have learnt , Markets have basic property - Not to be stable. It needs any sort of reasons to move up and down!! Its a herd!! For instance- Though there are enough sings ...

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

My Observations are in the same direction. I see the area between 1390 to 1357 is free fall. Because of weekend truce between US and CHINA, there will be bearish move (already opened downward gap of 10 points, biggest of recent times!!). There is a ...

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

worth placing a limit buy order at 1406, it may be filled during Tokyo session.

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

Unless there is a joint statement from US and CHINA no one is gonna believe on the trade deal!!

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

just heads up. Since Tokyo session today. USD matrix > mixed JPY matrix > negative CHF matrix > mixed

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

Morning All, Apologies I was away from the town on a business trip.!! Back to trading analysis- Technically the chart is not fit!! Fundamentals are dominating. Lets see how G20 meeting will unfold.

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

Thanks for swift reply Farukh!!! Appreciate the help. I am just placing it TO and leaving it !!

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

I need help guys, I am driving for next three hours. Can anyone workout if the price will fall bellow 1380 where it will settle? last night I dint get time to analyze the charts!!

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

after three unsuccessfull attempts, I have placed one short from 1382.83 with SL=1384.4. Lesson- dont trade in early Frankfurt session, its stupid!!

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

Fair enough!!

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

After lot of complex analysis we should not forget the simple rule of selling at high and buying at low. I am placing one short now.

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

The downward move I guess will be coupled with G20 happening and some temporary positive outlook of US CHINA trade deal.

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

It worked !!!! Need to chalk down a case study.

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

I am going to do one experiment today on demo account. I am not a big fan of "orders" but especially for gold when it start rising it just rise in 90 degrees without retracement on M15. I am placing one BUY STOP order from 1346.55 to 1351.3. The ...

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

I am observing the PA since London session, 1341.85 is good SL ( validated by M15 supports and H4 trend line touch) if anyone wants to place long. Try to remove the position before FOMC meeting.

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

I am observing the PA since London session, 1341.85 is good SL if anyone wants to place long. Try to remove the position before FOMC meeting.

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

Here are the three possible top resistance if breaks above 1255.

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

SL moved to 1344.7 Closed at 1352. I am done for the day, free to watch fireworks!!!

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