got out of that short, slept for another hour and a half and now back short @ 1265.15 ...

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

bought dax at the opening yesterday for a swing trade ... let's see where this goes ...

Carpe diem: Intraday tactics for Dax and Dow

no getting long for anything more than a scalp if you ask me, this is part of an ABC-correction so any upmoves will be short lived ...

Only Gold!

yeah, you got somewhat of a point ... but feeling wide awake ...

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

and back to short @ 1263.30 if I don't misread my chart

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

nope this is genuine long ...

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

long 1261.30 hope it's not a messy chart fooling me though ...

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

Whlle I don't use Elliot Wave analysis my analysis points out to the same thing: an ABC correction in precious metals ... for the moment the best way to gauge the AB part is using silver daily chart ... when it's oversold we'll see a signal to cover ...

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

yeah, i know, it's somewhat of a problem but I woke right awake after four hours ... better get up and do something than toss and turn in my bed ... still got a small account and want it to grow while the markets move ;-) thanks for the concern ....

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

and back to short @ the same price I left off 1263.5 after a few hours sleep ...

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

covered my short @ 1263.5 since I need sleep too .... however no signal to go long yet ... great day, despite messing a bit about in the middlle

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

I was going to cover silver (if I had seen the signal one day earlier) when it gave a signal in the oversold zone on the daily ... so we still got a while to go judging by that ... image

Only Gold!

most likely it was the silver sell signal that triggered gold ... there is a lot of arbing between the two, should have known better ... but I have a good day daytrading gold, so no use crying over spilled milk ...

Only Gold!

next possible support around 1261.50

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

you saw that very nicely

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

be carefull though around 1265, that might form an hourly channel ... damn damn damn ... why did I see silver so late ... lesson learned for when gold goes up to new highs later on ... that will make for a nice short ...

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

damn, looks like I saw that silver short just one day too late ... I normally don't follow that actively ...

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

messing about, short 1274.5 again.

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

reversed to long @ 1275.30

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

short now @ 1281.90 .... was asleep still previously :-(

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