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XTrade replied Nov 17, 2010I Am scalping right now. Too unreliable and choppy. We had a small symmetrical triangle which broke south. Now it looks like if 1328 goes gold is going to slide further. Euro and GBP are oversold..... Lets see how this london session goes.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 16, 2010Price just tried to touch daily low and could not make it. I want 1341 cracked open for tonights trading.. What are you looking at? And BTW welcome to the thread I hope you find yourself at home here. X
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 16, 2010We are in a tight range right now between 1341 & 1334. I don't expect much action before London. and even then, well sparks dont always fly... I am going to do some charting reading, but will be available in the thread. WHO:S TRADING!!!!!!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 16, 2010I am long after the $20 plus dip today.... 1340.50 area needs to get BLOWN threw... Now a firm HIGHER low @ 1335. Looking to breakout to at least the 23.6 fibo aforementioned. I will edit and add the post. ( even though it is probably on this page)
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 16, 2010looking for a pop north for a couple pips.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 16, 2010how;s it going in here. gold looking week today. USD up across the board. Scalping short. stopped out of last position
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 15, 2010Although short term. Potential double "bottom" or double bounce off the TL formed on lower Time frames - ie: 15 and 30 minute. edit: potential short term / minor resistance @ 1362.50
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 15, 2010We had a record "dollar +" move day in silver last week. I am long Gold from 1359. We are at a so far respected shoot off H4 trendline, from a looking to break 1375 in the near term, yet will take some profits @ 1364.... Let's see how tonight is! ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 15, 2010Not much cooking today fellas....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 15, 2010Looks like Gold is finding some support here 1364 after bobbing up and down for a while.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 14, 2010who's trading in here tonight??
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 13, 2010it depends on how you look at it. An entry at 1300 and exit at 1400 is a great trade in my book any way you slice it. That is a $100 move. Now if you are looking to position trade, no, 1300 is not an optimal buy in level. Now, i will agree that we ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 12, 2010Now for the joke! it IS hard to do, and what they say about "picking bottoms" is that you come up with smelly fingers!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 12, 2010People including myself are posting in this thread daily. So, I'm not sure what you mean by rare. Why don't you post your questions here and you will get some answers.... Actually there are more posters now in this thread than when I started it and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 12, 2010Dear Fammira, You did say that you did not see any reason for going long above 1300. Since then we have had an appx $125 USD move north. A $20 move in gold is a nice trade. 100 even nicer. Yes, after making highs in any market there is always the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 12, 2010YOu cannot always base metals trades on the trend of a currency. Gold has most certainly proven that it can move with and against the dollar and the euro. Look at what drives GOLD. then the currency structures.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 12, 2010I have to run out but will update the thread with some levels I am looking at for both bullish and bearish structures when I get back. Have a great weekend all!!!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 12, 2010Gold is taking a beating today. Commodity sell offs in china evidently spread into the precious metals markets from last night into today... Plus th G20 meetings are likely mixing things up a bit as well. I Have lightened the load on all longs but ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 11, 2010Who's trading in here tonight?
XAU/USD & XAG/USD - Gold & Silver Traders Thread