But why woukd it go to 80$ what has changed that much, since it was at 35$ ?

Oil and Natural Gas

What is the fundamental situation with Oil guys ? I am thinking of shorting it again at 66$ and target something less than that, I haven't given it much tought yet.

Oil and Natural Gas

Ok, so instead of 17.40 I opened a small long at 17.29$ and still it looks like I rushed it.

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

The dollar index is decreasing further and further so I guess, buying the dips isn't bad idea, but the bad news is that this fundamental factor(probably fundamental) contradicts with my technical readings of the charts which point to a sell. ...

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

My TP got hit at 17.40$ and I am out for the moment. Silver got the potential to reach 17.70$ but I decided to not risk my profits today.

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

I opened another long at silver at 16.87 on the dip. So at the moment I hold 2 longs. Hm today it was very unusual day, while gold was trying to break the top silver was going for a lower low. Technically on the daily chart Silver should go down and ...

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

Well if we are in fact changing trend, then on the other side is waiting 1253-4 I guess and for Silver 15.80$. The daily chart is still overbought but thats the technical stuff, fundamentals I don't know about them.

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

I forgot to follow up on this trade of mine. Well I closed it at 63.40$. So nothing even close to my original target but the price wasn't moving as expected to decided to cut it while still in profit.

Oil and Natural Gas

I failed to spot the sarcasm in time, probably my bullishness is diluting my perceptions... Need to address that.

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

Actually I opened a small long now at 17.10$ and will be adding to it if we continue to go lower, just in case this thing goes up before I manage to jump in... I am still angry I closed my buy limits last week... they were at 16.80$ pffff

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

How did you decide that we will reach 1398 on the current trend, because 1371 will be a monolith resistance as well, I don't know, I am bullish as well, currently looking for a good price to jump on Silver, but is a bit too optimistic to target 1398 ...

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

I can share that I missed the dip in silver to open longs at 16.8$, I had those in place last week but canceled them becase I thought we wont reach it this week...

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

When I wrote that the price was still around 1329

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

I closed my short at 17.16 with some loss and that was it for the week. All in all I am still waiting for a good position for large entry. The dollar index is falling that's the reason price is rising.

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

You did alot of writing for that little action on the market. I still hold a small short on silver at current price, 17.06 almost at current. Technically gold should make a correction at least to 1310 or so, but fundamentally I don't know, probably ...

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

Down to 1310$ probably, thats a strong resistance, hm if we are lucky we might see 1296, I personaly prefer to trade Silver so right now I have a short targeting 16.9$. Optimally I would like to see the price go to 16.8-16.5 to load larger long term ...

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

If we don't bounce down at the current level which is 1332$ this will likely reach 1350$

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

This is the picture I am looking at now, so I am really tempted to sell... image

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

Well, it has been sometime since I did my last Oil trade, which to remind myself was a loss, not a big one but a loss none the less so I opened a short now at 63.90$ but a small one, purely based on technical analysis because the fundamentals don't ...

Oil and Natural Gas

It will be very good if it reached 16.7 to go long

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