You need to look at a higher TF to see solid support and resistance Find the levels the price either broke UP then tested down and stayed above ----- or broke down and couldnt break up. But, you really should know this if you are trading live. I am ...

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

every minor support created up or down a trade path cannot be used as solid. It is the ones that are hard to break in EITHER direction that usually become S/R pivots for Gold. Gold can easily Wipe out S/R levels even if decently strong on news. ...

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

There is support at 1230 and 1225. The candles are important due to the fact that they show (like bar charts) where the PA may go down to. But if you look at today, how many candle closes were there above 1245?Then look at how the line chart bounced ...

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

So you can see it more clearly, none of the wicks below the TL on H1 or H4 are "that" important. They are in the sense of Highs and Lows. Yet if you want to see where the price went and settled, creating firmer supports and resistances AND bounces, ...

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

No, not as of yet. It is very surprising gold is not up today, BUT, when you couple Weak oil, weak copper, equities uncertainty, we get risk aversion, add the end of the month and Quarter on the same day, proceeding a market moving release on friday ...

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

I would watch or demo / paper trade your thoughts (w/ SL and TP) your thoughts. Swissy is VERY strong right now and EUR/CHF has hit all time lows. Thus. either SNB has given up on correcting the EUR or they are leaving it alone due to the recent EUR ...

USD/CHF

SNB — Only potential issue is the SNB intervening to help the Euro in turn weakening the Swiss Franc. This would have affects on Swissy (USD/CHF) and could create a buck in the trend

USD/CHF

Yes. parity is a potential for this pair. Nothing is undecided ATM. It has not even come close to reversing. I post demo daily trades here to try and learn how to become a more long term trader live with higher profits. All I have done on this pair ...

USD/CHF

I am doubting it. I would not buy this pair right now after breaking the major LTL. Trying to catch a falling knife. THat was the last hope of reversal at the moment. Otherwise I am looking for 100% retracement. It may touch the LTL for confirmation ...

USD/CHF

Currently looking for a better price perhaps in the 1238/5 to MAX 1225 support area to get long. All GOLD positions square.

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

True, But as a trader we have to b able to look for the best "turn" in order to make money.

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

In reference to a post made about going long the S&P with a stop at 25 i am posting this chart. Looks like that was another loser. Also amidst major market selloffs Gold has maintained it's position right below the all time high. If we are in for a ...

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

The only action we got today was news based. Remember that pivot? Look at the price. Today was quarter end. So if you were a commodity pool manager or fund manager and had ok or losing gains except for GOLD what would you take some off the table of ...

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

THis pair has managed to push through the weekly LTL. If it stays below there should be significant more room to the downside. Perhaps retest of .0500

USD/CHF

This PA is so tight it's crazy- There is a fibonacci pivot at 1241. but Gold is not really moving any lower or higher. The current range is from about 1232 to 1245. (trading outside by a few $s) I am in favor of a move higher. But we may be waiting ...

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

Always check the news around this time, some of these releases will cause gold to swing wildly SAN FRANCISCO (MarketWatch) -- Crude-oil futures reversed to gains Wednesday after a report showed manufacturing in the Chicago slipping a tad in June but ...

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

Potential breakout looks like - i like what I see!

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

Looks like we are forming some buying interest here and getting a little boost... I want to see the price above 1245 to continue up

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

I would have liked to see some buying interest return for the cup pattern, however the price may not do much today on month and quarter end. The US stocks will open soon,

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

Buying is a bit week. Many factors to consider are in this article for today url

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