I look forward to it. Predicting the extent of any gaps is impressive stuff and as valuable as.. well... GOLD!

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

Most models are starting to predict that this hurricane will turn and go up the coast. But I can't stress enough how these experts are never accurate. It's impossible to predict. I think it's safe to say the gulf and oil rigs out there won't be ...

Hurricane Watch

Absolutely. I should have been clearer. I won't be monitoring the open because of that data. But I bet there will be something between now and then that will cause a gap, or at least make me watch the open. I think ...

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

url - Anybody get over 71.0%? image

Metal Competition Zone (Demo)

Usually China's manufacturing data is an event to focus on. It normally has impact and can trigger moves in gold and copper. Tonight, after the close, China released the latest manufacturing pmi and non-manufacturing pmi. Not much deviation from ...

High Impact Events Trading... Gold & Copper

I don't think there's any need to worry about a Sunday gap due to the Chinese manufacturing data that just came out. Both the manufacturing PMI and non-manufacturing PMI came out pretty much inline with forecasts. Here's the results: Manufacturing ...

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

Last Friday he waited until the close to tweet. Right after 5pm eastern time, he tweet storm began. I don't think so he'll be doing that this week. If he makes a deal he doesn't hold back to explain how great it is. We can be certain that if a deal ...

High Impact Events Trading... Gold & Copper

Thanks C8! It was Novak's production comments. So my call that crude was dropping was luck. The move lower is still potentially coming. I still think there could be further selling related to my theory about buying the rumor and selling the news on ...

Sweet, sweet Oil

Don't forget that we have Chinese manufacturing data due out after the close. We might need to be here for the open. Unless it comes out as expected, I'm going to look for a gap in gold, especially on signs of any further slowdown. Here's the link ...

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

Welcome to the thread. It's always a positive to get other traders thoughts and insights. I look forward to discussing the profits we will accumulate. image CL looks like it's done for the day. I'd be surprised if we got another leg down. ...

WTI Crude Oil Trading

Seems like you had some good timing there. Nice job.

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

Support level is being tested. Gold is trying to end the week with a loss. There's still plenty of trading day left. I'm watching to see if it breaks this support: image

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

Right now gold is dropping. Today's decline may not be over. We are at support right now. A break and we should see some more selling come into the market.

Gold RIGHT NOW

Here's a better look with more recent data. There are quite a few forecasts for this thing totally missing Florida. But one thing is becoming clearer. The chances of it moving into the gulf and impacting any oil production is very low. I expect to ...

Hurricane Watch

Wow. I hadn't seen that model or any showing a miss. In 18 minutes we get the update from NOAA.

Hurricane Watch

Next advisory will be coming in about 2 hours. But as of 5pm, the cone is very uncertain. This storm could easily pass through a portion of Florida and end up in the Gulf of Mexico. In that case, oil production in the gulf will be impacted. I'm not ...

Hurricane Watch

Gold doesn't know which way to go right now. Initially at the SHFE open it ticked lower but now buying is coming in. Early on it looks like we could see gold prices move up during the first half of the SHFE session.

Gold RIGHT NOW