could just be that chances of rate cuts in september seem now very far removed + I had technical signs both in gold/silver and oil allready on friday ... I managed to overlook those in precious metals ... the bombing only came later ...

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

yes, this is the one: daily stochastics is now turning up too ... oil is rather bullish too ... go go go girl :-)

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

I might have overlooked something: this could idd be the one ...

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

sorry to be the bringer of bad news: this is just a bounce hat at best will that us to 1315.5 usd in a downtrend according to my swingtrade model ... we need to see daily stochastics get into oversold in both silver and gold ...

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

at the new V20 accounts at oanda you can trade 5000 lots in one clip (not that I have tried mind you lol) but you are also allowed to put in multiple lots of 5000 ... I think that should satisfy your needs

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

to be more clear that evening star is on silver but they move hand in hand the precious metals ...

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

who knows anything can happen in daytrading but according to my indicators the trend is still down for the next few days ... daily made a kind of evening star with the trend down, not boding very well either ... but I think the end of the downtrend ...

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

long term upside, short term downside first imho ...

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

I think we need to see more down before we can see up ... got out of my long and standing on the sidelines.

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

silver is putting in a triple bottom here on the 3H chart, the last part is only visible on the sub hourly charts. The only way is up :-)

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

back to long for a loss of 0.05

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

reversed to short, might be just for a scalp

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

gold looks a healthy long if you go above 30M

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

the breakout is just a matter of time: morning star in the 4H chart making that second bottom I was previourly calling

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

to me silver is like it's forming a double bottome here

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

I changed to swing long now at 19.11 USD. But it's probably putting in a double bottom here so I am most likely early.

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

covered my short silver and went long @ 18.99

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

the drop ain't over if you ask me

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

for me it's clear: short term I am a trading bear, long term I am a bull .... should make anybody happy :-) but I am a trader, that's what I do to make a living ... I live and die by the 6H chart ...

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

look at a quarterly chart or a 6month chart with some indicicatos on and there won't be any doubt lef in your mind that this is a healthy bull market. However in the context of hours/days this is a short to me. So waiting to see that reverse and ...

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