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XTrade replied Dec 14, 2013Follow up and closing chart. Within 2 or so hours of trading TP one was hit and the day was done, then, instead of fizzling out between 1230 and 1240 price rose back to top resistance for the day meaning 1 2 4 0. . . . . . . . . .. I would say on ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade commented Dec 14, 2013
Hey buddy PT, When it hits that mark I expect a test, bounce (Up see below) - minor at that and then a break south. I also expect a massive one to week rise in the USDX and Drop in Gold after the initial announcement, short lived. Smart money has ...
'Turnaround' For USD': Levels To Confirm - JP Morgan
- XTrade replied Dec 14, 2013
See you on Sunday, I hope to have some longer term analysis up tomorrow, but cannot promise it ATM due to prior obligations. Otherwise, sign on for posting should be around 3 PM Sunday NY TIME.XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
Stick around here long enough and you will for SURE catch it. MONEY BACK GUARANTEE!!! OOPS - THIS IS FREE!!!!!!!!!!!!!!!!!!!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade commented Dec 13, 2013
more sh!t posted by a large bank to move the "unknowing" market away from their real agenda.... So what? if E/U sees 3700? the USDX overall is in a firm downtrend, despite the best efforts, or really, of the FED, it's called DEBASING.... Hello!
'Turnaround' For USD': Levels To Confirm - JP Morgan
- XTrade replied Dec 13, 2013
Even if we hit 15.00 for silver and 1080/50 for gold, the next moves up will likely wipe out the last, if indeed history will repeat itself as it has THUS FAR. from way back when there were no charts.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
Forget about all the fancy analysis and even VOLUME, just look at the PURE PRICE ACTION. The metal skyrocketed, shortly, with a massive burst upwards AND NOW, YEARS, later, it has just fully corrected, the next S/R long term TL and SR chart I will ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
I think when I first posted this SILVER support and resistance / trend line chart, we were at around 20 USD per OZT, look at the reaction at the PRIOR outlined price of 18.90
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
BTW, my LONG TERM CABLE TARGET - Meaning trading by about two 1/4s or half a year going forward from about a year and a half ago remains, 1.8
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
LL- The double bottom will be - IF - created more closely to 1200+ or minus 15 USD which means, 1215 or 1185 area. Tapering announcement could drop gold 100 USD in a day, 50% of which would retrace likely in the same. There are other geopolitical ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
You too buddy, I love trading cable - if you want to share analysis here for it feel free, just not when we are super busy! "you know"
Nicely done. PS, I usually don't even bother trying to squeeze out the extra three dollar swings any ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
Likely the high for the day already in, should fizzle out somewhere around where it is now.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
I did the same! 1238. and change If you started this morning around 4/5 AM EST there has already been a 20 USD swing north on the day.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
Likely a little boost from poor data - below- Almost a ten USD swing just in US session so far...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
If 1200 even 1180 hold on "tapering" announcement, a strong double bottom on the daily will be formed.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
Price still in upper quartile, not a bad place for a swing trade setup as I had mentioned. Right on potential support it's an easy one, Long for move north, stop below support, support breaks, short for a new low. Although - again, I am not holding ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
Agreed mate, It's kind of "old" at this point. They keep saying it's going to come, and doesn't so the market - or the smart market - should have already prepped for the impact. It is entirely likely as well that after the announcement does come and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
From my buddy "beeb" or Ben, Hey XTradeHope you’re well – you seem to have plenty of new people on your thread with a whole load of complicated systems and unreasoned scalps lol….As promised here is one of the forks that I’m watching – you know that ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
We dipped down from the recent range top on lack of fundamental support and some positive US data, (an agreement between parties in the USGOV, to avoid another shutdwown, all suggesting that the "taper" may be coming by the next FOMC. There is no ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- XTrade replied Dec 13, 2013
Good points. It takes a lot to really get to me too. But, as you have stated, concentration and clarity are essential here. Not like a blown account restores itself on request for another 50k like a demo.
XAU/USD & XAG/USD - Gold & Silver Traders Thread