Price action was very bullish on closing week. No decision of going short as yet

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

I suggest, close manually before day end if it won't hit tp. Best of luck!

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

look at the NFP numbers.. sometimes it looks like they do it to manipulate the market. I finished my longs before NFP.

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

may retrace to 1303-1307 price level before another drop

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

Gold is not looking in good mood. Brave move. What is stop loss?

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

Let's see if it makes any correction from 1303, already tested twice lately.

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

Oh yes that was typo error 1340. You are suspecting correct. As the market also plays psychological, it may go down to hit stop losses of small buyers which r usually more in numbers then go higher. I may be wrong so we should trade keeping ...

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

We all learn from each other bro Well I m having short from 1140.

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

Short-term it may go to 1303 level n stay in range 1303 - 1346 for some time. Then may further go down to 1276 before starting a new flight. Reason being it has made high of a very long time range since 2016, overbought already.

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

Correction may go till last consolidation area 1315-1320

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

It may retrace from current price. 1301-1303 is acting as support. Furthermore, it may remain in range for some time before bullish breakout test.

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

News is just to shake the market for little while then it goes it own way. See.. last NFP data was tremendous then revised data was almost with 100K difference of announced one. Now again NFP showed huge numbers but unemployment rate is getting ...

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

There is strong support on 1315-1317 area. If it pulls back then that level may act as support to buy again. Well I don't do intraday trade so for me it's still going up unless day closed signals of reversal. I m holding position from 1305 ...

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

I don't think so. Current drop in price due to reaction of news. FOMC is not going to change rate. So gold will probably follow it's trend technically. Let's see where price will close this week after employment data. P.S. I don't do intraday trade ...

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

Depends on closure price today. If it's above 1280 then may not go that much down.

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

Welcome here! Read traders analysis and views and then implement that on ur demo trading. Soon u will start making ur own analysis and then check them with others to make the most of it.

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

Same here. Target would be 1290/1291 Booked profit at 1293, bought at 1288.

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

On daily chart, it is making flag pattern. if it breaks 1300 level, next level could be 1320 and if it breaks 1278 level then target would be 1265. @1265 we will have buy again. uptrend may continue until 1240 breaks down in current range.

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

Yes but it's not a bearish pin bar. In my opinion, it won't impact too much. However if it goes down, 1265 price level is support on daily sma50

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

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