Wise words...especially as DOW is making/trying to make new highs as we speak. I suspect europe will be the catalyst again for further falls. I am a cautious optimist, but suspect my first instincts were probably right. Higher volatility and further ...

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

....this man is in charge of his cargo...be in charge of yours!

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

imho no need to be a short term trader/scalper. Gold is in a bull market (as long as real term interest rates are negative and debt continues to be increased). Why not pick a low risk entry and follow the market up? Let the market pay you.

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

Yeah, they know they are going to strip the paper wealth of every man, woman and child, while the central banks and asian nations continue to be net accumulators of physical gold (and silver). The money supply is increasing faster than most people ...

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

Gold Breakout — Well, it appears I was wrong. Gold has had a confirmed breakout today - therefore no short term correction. This means the "blowout" could occur sooner rather than later. It means the USD end game is approaching faster than ...

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

Only 1 Trillion? Just shorted eur again (after being stopped out). I bet that took out a load of stops though. ....and just shorted again. and again.

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

Great trade. I shorted eur just above 1.28, but as you can see, markets are being a bit tricky and chasing stops....the market "feeds" where the orders are placed. KR

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

eur/usd — Did anyone short the euro again today during the London Squeeze? It was like groundhog day all over again when eur/usd reached 1.28. Went short (again) with very little risk. Now at breakeven and another "free" trade. That India ...

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

k.i.s.(s) ...chart.

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

"que"? Listen Mr Fawlty, i think gold keep rising higher, but not in short term. In short term i think dollar keep rising higher...comprehende? Ouch...., Mr Fawlty, why you hit me!

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

....just strolled past. 1) I really don't understand your question. I told you what I did above (in real time) and I answered your question later when I responded. No the two do not negate each other as I went short both CHF and EUR which means on ...

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

Well, I'm done for the day. Zero risk now on trades and continue to build existing position in long term trend. Boring, yes, but consistant. Usually, there are times of the year which provide great set ups which you can hold for long periods of ...

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

Both are against USD (i.e. long USD). I am already in profit (with very limited risk I might add) since I last posted (in real time) these trades. Bankers were pushing for stops which was quite obvious at the time. The markets are being tricky which ...

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

You are a wise and clever trader. I am seeing similar things to you. Sometimes, it is good to be a bit of a contrarian when the whole world expects something different. I pay very little attention to the media/noise, something I learned many years ...

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

Yes, it is a great carry trade and a great long term bet. Short term, I am not convinced yet. Best, KR

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

Just looked at this. Looks like a pivot to me also.

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

goldilocks? — Well, I've just shorted eur and chf and will likely short AUD at some point too, if (as expected) USD strengthens again. Rightly or wrongly, fear money is going into the USD. All other news is irrelevant. The markets are being ...

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

Okay. No malice intended. I don't see the breakout on the weekly yet. Best, KR

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

...not being critical. I just don't "see" a confirmed breakout yet. It's close, but I'm not convinced. We should know in a few days, hey? Best, KR

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

Gold breakout — Be careful. I don't yet see a confirmed breakout. Something is definitely brewing...

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