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XTrade replied Aug 27, 2013This is from my favorite analyst of Gold & Silver: I know he works for Kitco, yet, always uses charts first if you like techs, which I do, and fundies second. I have spoken with him and have the permission to repost charts. Take a peek! Charts, via ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013CORRECT a test of the BROKEN NECK would be appx 1350.00 Resistance turned Support range (& Vice Versa) +/- 25 bucks always for stops.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013
Thanks, Glad you like it here. Please stay awhile. Had an extra meal....!!!! THX, XT- XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013Archer, If you can please try and instill the Time Frame or "TF" to the noobs, with your charts. It looks like you have a daily off of netdania, don't care where they come from, But, if I can help I need to see what U see.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013Great thoughts and I will tackle the Archer's question. There is a newly - ready to COMPLETE - inverse Head nd Shoulders on the chart, It's not the PRETTIEST of subjects, yet it is there and THEREFORE, cannot be ignored. We already have daily bull ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013I guess this "bomb" went off?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013Funny, always have to be wary of "broker analysis" due to hidden agendas! London hit the price hard shortly after the open and neither gold or silver has given up much yet. We have already taken out 2 of the 3 major DTLs that could have given ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013actually silver spot has an even nicer bull flag on the daily which if the pole is considered bottom at 19.20 with the break point say 23.20 just to keep things even, we have a four USD move. Which would suggest a breach of 26.00 with potential ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013Nice charts. Looking good. If she can stay above 24 area (even better 24.40) we should be seeing 26 soon. Again, just looking back at the PA there could be some minor resistance where we are now.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013Sorry here are the correct charts
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013Looks like a nice bull flag completion today. Could see the price stall a tad here, due to what could be considered minor old resistance. With some profit taking possibly to come this week, we may be able to test the Last DTL here is the origin ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 27, 2013
Nice catch! With a fresh new Monthly high for Gold today. We were targeting 1420 only last night if I recall. looking good for a test of 1460/80 area. Once that goes we should be able to hit 1550 quite easily as long as the steams keeps up ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 26, 2013Keep in mind today is a Bank Holiday in London. Off the Aussie open there was a spike to appx 1410 and now the price is sitting on interim support level bobbing around, 1390+ Catch me if I'm wrong, but, at least as of, YET, I don't see the selling ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 26, 2013So you have long term faith in the USD or T-Bills as opposed to GOLD? What will happen when the "bond bubble" ends? USD tanks, Yet Gold is CHEAP at 1350+? - I still owe SunTrader a RE: on this issue, which will be posted this week. Sorry Long ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 26, 20131420 is also recommended by simple Support and Resistance as a 1200+ target, as well as certain longer term - ie H4 Daily FIBO levels. Please don't let me discourage you from your desired system, I just want to make you aware of more simple methods. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 26, 2013all this will likely happen.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 26, 2013I don't use EW at all and will likely never. There is a member here named infinitus, that seems to make logic out of what seems to be a COMPLETELY SUBJECTIVE way of trading, JUST IMO. However all EW trader, post your charts if you like.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 25, 2013OK I can't take this. take a break and think of what you are trying to say. Until then no more trolling members. One week...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 25, 2013Agreed 1550 is the longer term target - see my previous weekly charts for reasoning.
XAU/USD & XAG/USD - Gold & Silver Traders Thread