can't say i understand what gold is doing on the daily & weekly. maybe going for a triple tap above trendline of the two previous highs.

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

thanks

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

amazing dollar move. but metals are starting to look exhausted here. too early to short but maybe after the 4h candle closes. fomoc this afternoon so would expect more moves today. or not?

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

unless you are going for these stops..... maybe.

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

normal to push to stops but dollar is now a little too washed out. might bounce but unlikely.

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

well clearly not that day or today probably. i do see dollar setup long forming, so we could see a dollar pop. that might mean silver and copper retrace.

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

i believe the bottom is in on copper.

Copper for everyone

dollar breakout today... me thinks yes.

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

well that worked ok but sold way too early. ho humm

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

i reckon the metals are forming a bottom on the 4h chart. i'd be a buyer below the friday's lows.

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

closed my short - appears silver needs more time. meanwhile copper appears to be topping so move my attention there. dollar did a drop and pop? so far looks like it. reckon it will break out shortly.

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

short silver - pop and drop? maybe. edit - copper not responded to the news.

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

not exactly clear except for the dollar which looks like they are selling. gold isn't clear to me, it is possible that they position long yesterday in prep for the news today. so maybe a drop and pop? silver hit my price and looks a little toppy. ...

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

gold is being accumulated here since the news but the lead up to the news looks bearish. so not clear for me. edit - most of the dollar pairs are doing the same accumulation. same for ES

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

wasn't wrong about silver - appears to have broken to this higher range. i'm looking for 29.66 Sept. don't disagree Sun.... depends on what timeframe you are looking. there is a setup on the 1h that should take it to the above price and possibility ...

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

ok silver could be accumulating here. fyi.

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

dollar toping out here - at least on the 1h (could have posted this last night). but not really seeing accumulation on the metals. so maybe the dollar break up on gdp news in abou 90min.

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

well for me I see a potential top in dxy (1h) - probably will top during the shanghai session. i see loads of bottoms on 5m charts so probably will mess around until the dollar top is in. we'll see.

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

you could have told me earlier... order flow suggests it was bought, they'll let it rise on monday probably, but definitely not something i want to trade everyday. way too much work.

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

clearly wrong on that call. been trading es today. completely missed these moves. es looks like a long here- so silver/copper also might be at a bottom.

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