My short hit TP yesterday. Today I opened a long at 17$ but a relatively small long, should have bought more... Targetting 17.2$ for now.

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

Thank you, I too focus on Gold/Silver only, day-trading inside range sure is fun now is much harder for me to find a short term direction as well, if I have to put percentage on it, my current short has probably like 60%:40% win:loss

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

Do you trade only Gold ? Meanwhile I have a short position on Silver at 17.05 and target 16.9 for now. Like I said earlier today, it feels like it is going to go down, but I am a bit reluctant to sell since I don't see much potential for it to ...

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

Daily chart on gold is heavily overbought, since my last silver trade 1 week ago I am still waiting on the sidelines, I have 1 buy limit at 16.9$ but it hasn't got filled so far so I will cancel it. It feels like it is going to go down, maybe I will ...

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

There is a well defined double top on 1 and 4h frames at Silver. It's not so much on gold but still a further retracement bellow current price is expected. image

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

I closed my longs on Silver at 17.18$ will be on the sidelines. The price has being going up for some time now so a correction should not be far away, maybe... Also the charts look overbought on 1h, 4h and 1d

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

Getting near my TP and this might actually be my largest profit for the year.

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

For me it was a very easy decision 3-4 weeks ago when gold and silver were falling to buy silver at 16.5 then at 16.3 then at 16 then at 15.8 because 7-8 year bottom is at 14.5 or so and I don't see a reason for it to make a new low now, plus you ...

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

Well guys, I don't know about you, but I still hold my longs for several weeks now and my profit is starting to look really nice. Plus I am taking the time off the charts just checking how are the things once in 2-3 days. I will hold my longs at ...

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

I hold some longs on Silver, some are even at 16.5$ which places them at noticeable loss but no problem eventually they will go on profit and it shouldn't be that far off, I think 15$ is the lowest Silver can go, I will probably add some more small ...

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

Buying currently looks like, well not ideal because look: image Thats a clear double top on 1 and 4h charts. I don't want to say selling right now at the buy support is recommended either. But while we were at 58+$ was a good idea, I didn't sold ...

Oil and Natural Gas

Very interesting reaction of Silver, I entered a long at 16.83$

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

I will sell in 59.50-60 region, there should be at least some retracement to 58

Oil and Natural Gas

I am holding longs for two days now on Silver, with 17.20 target and 1h seems overbought, but on daily on the other hand there is a lot of room for upside movement so I will hold still for now

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

My attempt in shorting it failed

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

I will test a short here at 1290.5 with tight stop loss, because 1h does seem heavily overbought and 4h a bit less but also.

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

All day I am looking at the chart waiting for something to happen and nothing... What is this, 5 dollars movement for the whole day, what a boring story.

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

I missed this move up, but I managed to enter a short at 17.17$ silver and closed it now @ 17.02. Actually I hope to see 16.80$ Silver today or lower, have some large buys waiting there.

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

There is room for some more decline but I would be surprised if we break 1269$ level today, well technically at least, fundamentaly for sure it can.

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

[quote=parisboy;10489164] Sorry, I have never seen this square and I don't know what's the logic behind it. If you briefly explain it to me, maybe I can say something about it.

Oil and Natural Gas