I've been in the trade for 12 days. It's slowly but surely coming back and might just turn positive. We'll see!

Brent/WTI Hedging Strategy

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Picture Tennis (metals edition)

We saw a little bit of a breakdown in the Gold/Yen correlation today. I think it had in part to do with the Japanese holiday. I expect some volatility at the Japan open here in a little over an hour. image

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

The huge red candle is the impact from the FOMC meeting. Since then, look at the rally in gold. It's almost gone a little under the radar. The question is, will gold continue higher? image

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

Britain, France, Germany blame Iran for Saudi attack: statement (reuters) I think the more countries come out against Iran, the chances of more attacks decreases. I think that uncertainty might be propping up oil prices. As uncertainty about further ...

WTI Crude Oil Trading

Looks like WTI is going to fill the gap. About another .30 to go. image

WTI Crude Oil Trading

The correlation as very tight during the last trading day of the prior week. Gold vs Yen futures:

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

Welp. I know I didn't win last week. Anybody come out of last week with a positive return?

Energy Competition Zone (Demo)

Is the gap up in the USD/JPY suggesting gold gaps down at the open?

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

We finally got a move in Natural Gas. Sold off hard today after the higher inventory data. image

Natural gas trading

We've been in this tight range for a couple days. I think today we break out of this range. I just am not sure on the direction. My bias is that it heads lower to end the week. image image

WTI Crude Oil Trading

Good to hear. It was nuts after FOMC. About the ongoing drama, all I know is that I won't be holding oil (probably anything) over the weekend.

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

He's always posted his own opinions. His contributions are very valuable and he'd be a huge loss to this thread. He's helped a lot of us out and always did so just for that reason... to try to help out other traders. Never has had an agenda. Perhaps ...

High Impact Events Trading... Gold & Copper

Anybody thinking that WTI still has some downside pressure to fill more of that Sunday gap? image

WTI Crude Oil Trading

Gold futures front month right now is breaking through the psychologically important $1500 level. image

Gold RIGHT NOW

Sorry I didn't see this prior but I would always answer not to do that because of slippage and other risk associated. I hope you fared well which it looks like you did!

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

We have a big FOMC meeting coming up. The market is split on whether the Fed cuts rates based on the CME FedWatch Tool. I say they cut rates no doubt. I posted a preview on what to expect and how it might impact Gold and the USD. Check it out! FOMC ...

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

Right after I posted that, low and behold... Gold and silver take opposite directions. Gold spiked higher and Silver dropped. Right now they are all over the place after the SHFE open. Gold: image Silver: image

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

Anybody else seeing how much better silver looks on an hourly chart than gold? These are the futures contracts but spot looks the same. Silver: image Gold: image

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