Range again, lately the London Open is not worth trading, too much headache for too much back and forth. Yes decisions are made but.... Think I will switch my time back to London Close >NY open > NY Close maybe a bit of Aussie and Japan here and ...

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

Cool Post Jim, I have not been trading much the last few days, I have some broker issues in resolution ATM. Missed some of this fabulous short from 1249. No big deal, and a necessary correction, we cannot go higher without this. As a matter of fact ...

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

Bought back lower, (1208 again) we have broken on downtrend line.. I hope to get a chart up tonight. Been in a bit of a correction. Looking to get out.. No shortage of decline of GBP and EUR today...

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

Hey All, After the last fall - seems that fibre has gained over 40 pips tonight in asia. I just can't see a legitimate reason to be buying Euros ATM other than possible retracement pips.. What gives! May just step aside now... A bit uncertain as to ...

EURUSD

Yikes! Had to run out and closed out before hand about 1224 Good thing, I see there has been some blood letting! Areas around the old high 1226 thru 1228 seem to be providing some resistance At the moment.

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

Hello all, I am holding long from last night 1208/9/ and 10 PA is a a bit flat ATM- Looking to take out 1228 for further upside momentum

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

Gold looks ready to BursT

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

You are welcome friend. I would think it would have the opposite. If Greece defaults on whatever "plan" is proposed or "laid out" it will just increase the wariness of investors to the pitfalls of credit, overspending, etc. Gold is real, paper ...

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

Took a long scalp @ 1212.43

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

Pefect example of how Gold is currently correlated with E/U and G/U etc. Getting CLOBBERED! should have left the short on! O well - not touching it ATM.... may see a test of 1200 tonight

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

Well, i promised a breakout and there is it was - A nice $7 south move. GOing to scalp a long here targeting 150 to 300 pips using trailing stop if able. ------ So yes, I am flat to as of right now. price actio is pretty stagnant ATM / range based.- ...

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

Every day spot stays above 1200 that level is enforced. Typically this time of year begins a bearish season for Gold and Silver THen turning bullish again toward fall and winter. Winter is a positive bullish for jewelers with the holidays and all. ...

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

Yes this is correct, THe inverse dollar / gold correlation is now reverse and gold is more inverse euro. I have posted charts of the actual split in this thread. If I have a minute I'll look em up or just look back a few pages...

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

Lot's of volatility here! All previous scalps Just closed - looking for next entry.. 4 year low for Euro... Well, likely going to be a 5 year low. This is purely retracement buying... Cable should fall again. Gold comes off a bit on this, -- I will ...

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

Hey all had some platform issues tonight and a bit pissed to say the least. Anyway getting long now @ 1225.50 sl below 1220 appx 1219 TP 1 area around 1231 TP 2 area appx 1230 something undecided. Shorting Euro and Cable as well Lets see how this ...

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

To Understand the Problems - First we have to — Look at the ways to trade "Paper" GOLD. 1. Commodity FUTURES (& Options)- ie; NYMEX > COMmodities EXchange Division in NY AKA COMEX ie: World Spot = GLOBEX -- Here you are trading a piece of ...

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

Hey All, Digger, These are great points expressed perfectly. To add, The UK has a LOT going on right now fundamentally, they have just experienced the first hung parliament in 30 years and a coalition party is in place politically, this has not ...

Cable Update (GBPUSD)

Thanks, Glad to know you are getting something out of it. Now in terms of your inquiry, I believe I found and hyperlinked the article below. So, to preface the entire discussion on Paper Gold's relation/s to Physical Gold I will say simply, ---There ...

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

Record Close For Gold this week! Amongst new record highs! Equities took a hit today on and Gold saw some profit taking and a dip down to levels around 1218 quickly recovering to the bottom of yesterdays range around 1230/1 area from highs in the ...

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

Well here's a bit of a start so you can get an idea of where the major demand is for Gold. These charts are older now but still valid in the allotment of the yellow metal. Will have to add more on this later in the day. More to discuss.

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