I cut the image to show what I call the power hours, NY / LDN cross session from 8 AM EST to 12pm. If you notice the chart actually is slightly grey during this period which is precisely when we see the most action in Price. here is the full ...

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

Yes, oddly enough I was just looking at the same thing there was some lag, likely due to the Yellen speech, however, although the high was not created until about 11:AM EST The price did start gaining upon the US open @ 8:AM EST and the news dropped ...

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

And there's 1285 likely going to fizzle out the day around here... If Aussie/Asia can push the price up or at least keep it above water buying may stay light until Friday's close. Beware of profit taking though.

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

If you snagged anything in the 1270 range I wouldn't worry too much. Tomorrow is light on news so if there is some regained fuel, we could see 1300+ sooner rather than later. Yet, I agree. The lows and support failures as of late have been more ...

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

Honestly - I would say more often than not. YET, following news or at very least reading headlines and the calendar here at FunFactory greatly increases the chances of success. For instance, we got a "baseline" or what I have been calling the ...

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

To me this is actually far more interesting and a clear example of price suppression. ON a day where GOLD has moved up 10 bucks silver should be following a bit more closely with somewhere of an approximation of .25 cents booked. Look at the ...

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

For instance you can see the price was (earlier in the week) testing around 1280 with a tap on 85 and 75 on the lower side, on the third test 75 failed and the price plummeted to almost 1260. Later we regained the same 1275 / 85 range and after a ...

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

I can definitely see - perhaps not today - but a pullback to potential 1280/5 area. If you look at this simple 3 day line chart - we can see the today's high as well as the prior low and then the area of "price congestion" if you will, which is ...

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

I too became sick of being glued to the screen. The greatest benefit about weekly study is the slow movement in time, which similar to what you are saying, after a while becomes part of memory, it also clearly provides the analyst with a greater ...

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

I meant taking some profit TODAY! If you are looking for a longer term trade, I would look at 1500 and 1550 as a first TP in which case 1460 would have to indeed be crushed as resistance - tested and support failure rejected to move into the 15's. ...

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

from "beeb" Ben @ coghlancapital.. here’s a nice gc 240 you can post which got me long from the bottom (in conjunction with my non-postable daily). I am very very long now with all my stops above breakeven .... one day soon this will seriously pop ...

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

80% is a LOT of your account. You might consider taking some profit and reloading on pullback - just a thought. a 12 USD move at 80% even in micro lots is a decent trade.

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

Slowly working up to a retest of 1300... Here's the current... Whoever took 1265 is in some decent profit at the moment. Silver not exactly where expected yet. poor trade balance and US unemployment likely helping propel the move. As well as Yellen ...

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

venzen, Great advice, thanks for sharing. Night!

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

which would make the take profit, just about, 21.05 at current market.... -- up to you. If you are feeling industrious and confident in your scalping abilities I would go long market now, watch the trade, exit at suggested .25 for silver or 3 - 5 ...

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

Post edited for wrong approximations. my apologies. still don't suggest a sell ATM. I might even actually wait about a half hour and take this to market looking for .25 cents by tomorrow.......................

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

Can't necessarily recommend a "sell" especially by market right now at 1:08 EST. These markets are going to ebb and flow in an extremely tight range until about 5 AM EST. 2:30 to 3 AM LDN open you might see a bit of action. Yet looking at a 3 day ...

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

a request on silver analysis coming up................

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

but hey use what works for you and always throw it out here in the thread brother.!!!

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

Archr, buddy, it's hard as hell enough trying to find a link between simple techs and fundies for gold, cause they just DON'T add up, this is why I strip all indicators, first approaching PA analysis, then add S/R and TLs. I like VSA, yet unless you ...

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