Thanks, that line should give me a target if price breaks the double top

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

I'm waiting to see which way price will beak. I favour the upside but will wait and see. Price may bounce around a bit for a few hours first. see H1

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

I ended up going short for a few pips. Lets see what happens on Monday. Chart H4

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

To me H4 chart looks like it wants to break trendline and continue up. It's bounced a couple of times off the 0.236 fib. I will wait though for a proper break and re-test of trend line. If there is no proper break I will think about going short for ...

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

Hi everyone, have just taken a short position from 1,729.50 SL 1,736.50 TP 1,716.00 which is 0.618 fib. See chart H1

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

Hi everyone, I am short from 1,731.48 SL at BE. I've taken some profit at 1,720.25 and holding the rest to see what happens. I think we might see a bit of a retrace up to previous support before continuing down? Chart H1

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

Price found support exactly at S1 then resistance at previous support. Looks like price will continue down to me. See chart H1

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

I have closed most of my position, moved the rest to BE. Will hold now to see what happens. Chart H1

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

I find pivots useful on gold, and yes I am looking to target 1,715.20. However there are plenty of resistance points on the way down so will close this trade if the set-up looks to be going against me. BTW I enjoy your thread very much, one of the ...

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

Hi everyone, have been waiting for a good spot to enter short. Price seems to be finding some resistance at daily pivot. So I have entered a short position from 1,735.20 SL 1,740.50. I have an open target at the moment, I will watch to see where ...

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

Found some support at Daily low 31/1. Don't think this support will hold for very long. Unfortunately I missed the entry to go short... just woke up! Chart H1

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

Hi everyone, I think Euro is going up..... it's retraced to the 61.8 and the 50 fib. Time to continue trend up I think.. see chart H1

EURUSD

Hi everyone, just gone short at 1,747.60. Price found resistance again at R1. Target around 1737.00 Will see how this goes. Looking for price to break ascending trend line.

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

Price finding some resistance at R1

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

I guess it will test the trend line then decide. My guess is it will continue down, I took a short at the first resistance 1,732.70 SL 1,740.00 will see how it goes.

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

Hi everyone, look at the way price hit trend line exactly and retraced.

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

Closed my long at 1,742.72. I think price may continue but I'm happy with with my 116 pips (and its getting late here in NZ)

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

Closed this trade out cause price broke trend line. Opened a long from 1,731.11 SL now at break even. Waiting to see if price will continue. If trend line is broken I will close my long trade and think about going short (again!) If price breaks ...

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

Hi everyone, just taken a short position from 1,731.60 SL 1,735.62 TP 1,726.00. Will see how this goes. Looking to see if we get a bounce off the descending trend line

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

Hi everyone, have just taken a long position from 1,721.00 SL 1,712.00 TP 1,732.00

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