Daily chart shows Weds resistance level held on Thurs so Fri last trading day of the month looks a little bearish at the moment. image

Only Gold (XAUUSD)

H1 support and resistance levels. I'm still biased to the upside on daily chart basis:- image

Only Gold (XAUUSD)

Spot Gold has been making new alltime highs for awhile now. There is basically no overhead resistance, short at your own peril unless key support breaks. Even then I would stay short for very long. Also Dollar Index shows no sign, at least ...

Only Gold (XAUUSD)

No need to respond to my previous post. It seems you are not looking for two-way conversation. I'll refrain from quoting or responding to any future posts of yours - in this or any other topic.

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

Shame buddiebuddie is no longer here .... and the issues he seems to have. Wish him the best. Time heals all wounds.

S&P500 trading

Yup, no thoughts, no charts. Only 918 images over the years. And too many effin times to count when I said bullish/bearish this or that. LOL zero times when I talked about accumulating, got me there. So you trade like the institutional folks, buying ...

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

I'm not saying much lol?

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

They do that, every so often.

S&P500 trading

Isn't everything being accumulated/distributed all the time? Markets wouldn't exist if they weren't. If price is going down, down, down (or vice versa) that is what I watch and take note of.

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

Dollar ........... is nears lows for the year.

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

Here's another (AXIOS) 3. An aureate milestone By Felix Salmon image Data: Yahoo Finance; Chart: Axios Visuals For the first time in history, a standard 400 troy-ounce gold bar is worth more than $1 million. Why it matters: The most recent bull ...

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

(MORNINGBREW) Prime number: Go for the gold image KTS Design/Getty Images The next time you see a gold bar and think, “That looks like it’s worth $1 million,” you will be correct, because the value of a gold bar hit $1 million for the first time ...

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

I never use some random anonymous internet poster trade info to make a trade decision, nor do I feel so self-important to tell others not to do the same with my trade info in making a trade decision. I'm not Goldman Sachs concerned about a class ...

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

Yes long and I said $DXY is weakening, not strengthening which you would want it to do if long.

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

$DXY looks the opposite to me. Mainly IMO not likely UJ, current dollar driver, has bottomed yet.

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

Should have added that I don't believe it was purely an unwind of Yen carry trades. FED, tech stock high valuations, many traders away during summer months, etc.

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

Silver and Cooper often follow each and move together. Taking turns leading. Both having industry uses. Maybe somewhat more Cooper leads. But I try not to think in terms of this or that way always.

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

Gold has been relatively speaking, outperforming Silver lately. I expect somewhat of a mean reversion move soon.

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

Saw that multiple places. Don't buy it myself.

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

I'm more inclined to believe it is just the usual fun and games between WS and FED. Sky is falling, need to cut now. I think they do as well but what do I know. Anyway yet another instance that Gold was NOT a safe haven recipient of funds coming out ...

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