Potential inverse head and shoulders — Setting up on the chart NOW! I will post a follow up chart!. Keep informed and WATCH silver as well!

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

Gold my be vulnerable to further downside - buying interest seems tamed. Yet selling hasn't breached 1180 Silver is in a TIGHT 23 appx cent range! Let's see what happens tonight.

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

Not expecting much here before the weekend though.

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

Thanks Azim, I did miss that. From my post the other day I was looking to test 5300. Now we are at 5400! Thinking we may get some resistance at 5500. Any thought?

The WoRmHoLe

Yeah this may be a good entry. We have made three higher lows forming a TL 1175 - 1182 and 1186 areas with highs now appx 1195 -1198 - 1201 & 1203.60 areas.

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

Figured I should point this out. Perfect example of a "would be" successful rollover trade. -->This trade should have been left open.... Or retaken as the initial sentiment was there, yet I got caught up with GBP and EUr... We did "dip" yet nothing ...

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

Well, good question. one may think if there are some shocking surprises and/or many banks fail the test Gold would benefit. However in the event of an about average or non-surprising result - Gold may buoy a bit. With Great results - Money may come ...

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

Azim and Crew, Here are my tech study charts (not naked!) for some of my cable studies of current. I have a distinct channel outlined on daily with some noted levels of interest and observation. My trade was closed as a success and I am looking for ...

The WoRmHoLe

Yes, — It appears to be a bullish flag on the H1. We are also making higher highs and lower lows... Fridays can be odd and the "stress tests" should be the main factor in markets. Need to take a look at the news rack in addition .

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

AUD lately has been one of the most affected currencies by the risk sentiment/ trade. Risk on - AUD positive, risk off AUD down. This is not always the case, yet look at today, as you mentioned. Dollar Dumped. European Majors Rally, equities rally, ...

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

You can't tie Gold to something that it may be trending similarly to and expect it to follow the path. Gold is a commodity and there are other factors that affect it's trade and the reasoning that currencies do not share.

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

Yes this is a Great day for AUD. I have been bullish on this pair since the double bottom on the daily. Ultimately looking for a retest of 9400 or potential breach, the swap is great. Doesn't look like the USD rates will change any time soon. Gold ...

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

Hey Azim, How goes it? (edit: Just realized how much time has passed since I wrote this - news is from last hour - sorry) Took long as well ahead of GBP Retail sales which just came in above forecast! Nice dip here on the tech levels too. Looking to ...

The WoRmHoLe

Wow, this session is horrible so far.... We should get a break sometime...

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

This price action is dead. May be in for a further dip... Too late in the day to trade now, will have to come back tonight. Took my 50 pips and ran.

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

Agreed. That would be something if that moderate growth line was admitted to be moderate struggle or "we would have expected further progress" !! What happened to the old one "we are showing signs of the recession ending" ?

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

Whatever this is the writing is from last Friday...

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

Going to scalp here. Long at 1185.43 looking for another 300+ pippies

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

Perhaps you are interested in trading Gold? I would not recommend any positions right now until we get a decisive break. As Six mentioned we are basically in a fairly small trading range right now 1180 to 1215 at most. Gold is certainly a complex ...

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

All the levels mentioned in your picture have been posted and hashed out in this thread several times. Not sure what you mean here? Maybe read a few pages.

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