Little tender of a spot. A true test now of the channel bottom has occurred. Looks like the 50 and 100 H4 smas are acting as floating resistance "for now" and the 200 is still offering support. Buck is up slightly today. On a dip 1350/45 will come ...

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

Although I don't like to include too many "bumps" or "mini shoulders" I suppose if S2 were to form from 1460 neck to appx 1360 like the spike across from the head (next to S1 now) -- which would move to the left where the sharper drop then gain is ...

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

Not exactly perfect although they never are really "textbook." Nice length on the distance though. If s2 completes we may see a little stall at the neck and then likely a break, completion will take time this is a daily chart. AND, the area seems to ...

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

240 min channel. There is further support where the 200 sma has tucked itself right below the bottom channel line. So far PA looks good and seems to be respecting both top and bottom as support and resistance areas. For some reason my DTLs are not ...

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

What the chart suggested was far from evisceration at 1900. The price made a new all time high 6 times the value of spot ten years ago. The high in the scheme of things was recent. Next we corrected, to 1550 where a strong support line was ...

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

These are the updated thread rules. Found always in POST 1 THE THREAD RULES: 1. SCALPING. IT is Unnecessary to post in at 1980 0ut @ 81. Yet, high probability scalps welcome, usually for 5 USD moves minimum.2. NO WILD PUNTING. =throwing out a call ...

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

I don't agree. The price has just begun testing it after creating an interim bottom. Before hand it was well below. Moving averages don't always just crack on first test if acting as support or resistance in this case. Just look at the recent flip ...

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

This is not the case. People post things about bearish gold all the time. It is when they waste space with unsubstantiated claims, like "tomorrow gold will go to 1100" someone had recently posted. You seem to be quite bearish, but I don't see any ...

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

I would ease up here. SunTrader is a valuable contributor to this thread and has been for years not to mention a senior member of the forum. People can disagree and often do, yet it should be done properly.

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

Read this earlier, But was unhappy to hear the gold coins will be 14k and have a color image?! Anything colorized on top of gold to me is ugly. Hopefully the silver and cupro nickel versions will not be.

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

Looks a bit too unbalanced. I am waiting to see if the potential inverse HS on the H4 and I think it is clear on the daily pans out. Having chart issues ATM.

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

We are still in the channel, I'll post a chart later. Agree with your post.

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

based on What? your minimal chart?

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

Yeah, we aren't going below prior lows yet so today seems to be just a test of support as of yet.

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

One of SunTrader's great posts! Which makes sense for all traders, yet I see it meaning so much for those that want to trade metals. Thus, the quote.

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

QFT

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

BW, Some further reasoning might help here. Thx. XT

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

I could say so much for a lot of recent posts.

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

Archer I wan to see reactions FROM the burst Up to these triangles.... Please do post them.

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

BW- Post away, you seem to be doing a decent job. Don't mind me TOO much, Yet I try to keep the TRASH out. Get it?

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