i did mentioned that a correction is coming, i did not say that BULL market is over. i'm looking to start buying at 1450 level, which might take a month to reach at the moment, i'll hold my shorts. If you would like to hold your buy at a high level ...

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

i tried to warn those who are still buying the dip already. when the correction comes the move is usually very violent, some might even drop $50 per day. i nearly bang my head on the wall when i was in the silver position on may 1st. i've came ...

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

image see the uptrend trendline broken. not advisable to take long position anymore

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

i'm lazy to do the screenshot, pls go to your daily chart and draw TL all the way from the 1320 region.

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

that daily trendline broken already....my evidence is here

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

Please note that the trendline from the 1315 has officially been breached !!! image

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

in commodities trading, you must look at the strength of US Dollar, which is the USD Index, POSX, or USDX which is the symbol it consists of a large portion of euro, some percentage of yen, chf, aud, gbp and so on. (percentage data you have to ...

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

shitting all the way down

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

my bad, it's HS. was thinking of USDX usd index when i was typing

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

i'll wait for the uptrend line breakout then i'll comment. Getting tired of arguing If you think it's irrelevant, just ignore my 2cents 1. Gold has moved up about 20% from $1315 in 4months time. How much higher do you think it can move up from now ? ...

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

what evidence are you looking for then ? How to show you something which has not happen ? to me everyone sees a different thing. even using the pitchfork, gold is trading on the upper channel of the fork. Do you think it's safer to long at the ...

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

as i said in a few posts before this, there is a correction coming ($100 downward) and i want to short from the tip of the correction. so i'm constantly looking for the turning point of this correction. It might look like $10 - $20 move, but if you ...

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

ooppps, my bad, typo, it's 1540,

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

please read this well documented article. options expiration movement url url important expiration dates, metals expires on 28June (early next week) becareful....

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

it's good to have a balanced opinion on both sides rather to be all on a single side only. Daily stochastic is on the high side already. should be able to see 1440 soon during NFP, where it wants to go that we cannot control i'm waiting for double ...

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

any upward reaction before the speech if is usually not a good sign for uptrend. I've observed pre NFP or employment movement If it is meant to go up, it will be pushed down before the speech/NEWS and right after it will spike up The 1550 level ...

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

FOMC on Wednesday — the spike up is due to EU's spike. This Wednesday is FOMC where Bernanke will come out and have his speech, be very careful then as the market will go crazy. this week will be very interesting indeed

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

url not to speculate on things, but the latest move on gold might be due to the lowering of margin requirements. Gold is still in a pennant formation at the moment, we'll see which side will win next week. anyway, i'll short it again @ 1550

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

it will not go down so rapidly, it will break levels of support slowly. the daily MaCD had pointed down. just wait till tomorrow's hardcore newsday, you'll definitely see more volatility

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

to me, a short from 1536 to 1450 is a mere 20% to me, now that isnt money to you ? traders can make money from short term, mid term and long term my strategy is this short term and mid term is down atm (i slowly add in shorts until i reach my ...

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