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farukh replied Jun 19, 2019Now what's happening? this might be the reason: Powell on Trump: ‘The law is clear that I have a four-year term and I fully intend to serve it’
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Jun 19, 2019
exactly what happened. I thought same considering Gold movement psychology. I kept my sell and hedged by buying at 1345 and tp on 1354 with sl 1338 then went out for long drive. just came back and saw good profit. Now expecting it go down and make ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Jun 18, 2019
rightly said.. technically i was looking short and market is all going in opposite since morning then sudden a tweet comes out and again it starts moving according to technical indicator. Unable to understand either everything is just a coincidence ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied Jun 18, 2019
News doesn't want it to be quiet I guess. Any further aggressive response from Trump to China's warning will be so much damaging to sellers and so to me. I suggest Trump to be calm and peaceful
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 31, 2019
in my view, 1330 or 1380 is not near. we need to see price action once news impact settles down. Technically it should go down. my previous short positions were closed. now looking for short once confirmed by PA.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 29, 2019
My sentiments would be changed into buy if 1303 -1305 is broken.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 29, 2019
In my view stocks are making correction of its recent uptrend. I am on sell for gold.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 28, 2019
Well I don't want to go into arguments.. just for the sake of understanding i elaborate my point I've already withdrawn enough amount more than my capital deposited to broker. Where my broker is giving money to me from? Those who lost all their ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 28, 2019
Beauty of trading.. some are selling some are buying and all are doing it according to their trading tools and strategies. however price has to go somewhere, one group makes profit from the loss of other one. profit comes out of loss. Well I am ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 27, 2019
Adding couple of reasons: On day timeline, fib level 50 of uptrend since Aug'18 has not been touched as yet On week timeline, there is pattern formed by SMA400 on top then SMA300 then SMA200. price was rejected from sma400 and started downtrend. Now ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 23, 2019
Don't be frustrated bro.. its always good having no profit no loss rather than loss and opportunity always come again. Be patient for good entry and don't be greedy for exit. Soon you start making money.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 23, 2019
good to see fellow traders from Pakistan as you know we hardly findXAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 23, 2019
As per my analysis, gold has not made it's lowest as yet. Today's upward movement is due to trend line since Aug 18. It may come down again till 1232-1250 range before going long. This will be invalid if 1303-1310 resistance level is broken. Trade ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 23, 2019
Price never move in one direction. Considering your capital/equity, you always need to risk minimum percentage against anticipated profit. Once entry position is identified you may take ratio of 1:1 or 1:2
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 18, 2019
We got shooting star on weekly timeframe but again meeting trendline at 1271. We can have bounce from here before breaking trendline or may break it straight. I am still biased towards downside. Trade safe!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 16, 2019
Price is being rejected from sma400 on H4 time frame
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- farukh replied May 9, 2019
News impact on price is always for a very short time. Trade war is not good for US too, it may be settled soon hopefully. FED chair has also speech today, he may say few things in favor of US dollar because Trump has been affecting US dollar and S&P ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread