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XTrade replied Aug 16, 2013All good points. Anyone who has followed this week knows that 1346 to 50 would have to break to safely even consider a short. If and only if there was a test to 1310/ 25 area, long will likely just re-enter. This week is closing out in the 1360's ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 16, 2013Dude, your "chart doesn't even show the move to another high of 1376. Thus I would say need major reconsideration. before you lose more money, look at a recent chart. I would say shorting with a target of 1310 is likely suicide depending on how long ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013With further rise, I could see a test of 1400+ in the upcoming sessions before any significant correction or re-entry point. On the flipside, if my midline is correct, we still run the risk of a test of at least 1350 - before further rise. longs ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013Here is a new modified channel, It's good for the PA to open up a bit making the trading range larger, as it has. In any case, the moving averages on H4 are all offering support now in the form of SMAs 50 100 and 200. Likewise, the horizontal ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013From beeb, thanks mate! GC 240 been playing the quartile to Median Line – $90 risk free in three easy moves....... url Registration for my webinar on the 27th now open – free to all so happy for you to pass it on url Ben from coghlancapital.com
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013@ JSR - Did you read this? I found it quite interesting and have been saying that the USDX needs overhauling for a while. Here it explains further how overweighted the buck is to, to Europe. '''''''As time goes by, currency weightings will deviate ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013This definitely helped AG and AU today;
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013Gold is cooking! Spot high 1369.70 Silver has added over a buck to the price! It would be great to see these turn into bull flags.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013I noticed FXCM has added this, I have not traded it. but it is called USDOLLAR not USDX or DXY for instance, Here are two prices for the "USDX" and "DXY" they are the same price. Also FXCM DOLLAR is only a weight of 4 currencies all equal. Which is ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013And today's US unemployment was lower than forecast, which usually helps the USD.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 15, 2013AWESOME DAY!!! A weekly close above 1350 would indicate further bullish momentum to follow. Look at the past range and today's break.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 14, 2013Better late, than never. Thank you forum moderator for posting your analysis. Beeb please send charts for posting. SunTRADER? Where r U? BEMAC----Are you still with us?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 14, 2013Hey dude, DXY, USDX, DIXY Are all the same thing. Maybe this link will explain it to you better. US DOLLAR INDEX OR USDX OR DXY OR whatever...................
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 14, 2013Thanks for posting, been meaning to post some silver charts. Yes, the four hour looks good for a break of resistance @ the 20.50 area then a burst up to another potential minor resistance @ the 21.80 Area both clearly seen on your charts. The ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 14, 2013Looks like 1320 is holding as minor support for now, still need a 30 USD increase to take out 1350.... oops forgot to post this. In any case nice ten buck jump since I was supposed to post///
XTXAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 13, 2013bit of likely call here for gold to test the weeks entry low and close some chart gaps. Futures don't GAP like SPOT because they move far slower. Spot, means NOW or "on the spot" Thus. we have gaps. In any case, glad to see it closed, would prefer ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 13, 2013This forum is here to suit ALL metals traders. Wanna throw out calls and scalp with me for a day head to head? No Problem, Yet, since I mostly trade GOLD long term ie: daily weekly etc. I don't post my entries and exits to every 5 to 20 USD measly ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 13, 2013Yes, testing the break line, always expected after broken support with AU/ AG. thanks! XT
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 13, 2013It's OK that does NOT MEAN other people cannot post!!!! Yikes! Relax. In any case looks like any "gap" has been filled in good order, AND looking to close the week out on a high. buy low, sell high. Simplest of all economic prophecies. Set range and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Aug 13, 2013Dude, Time you might take a few days to think about the CRAP, Useless, EMOTICONS, YOU, POST HERE, THX, Take a vacation then see if you want to be back here, You will get a chance. Use it wisely. NEXT TUESDAY. Till' then look at your old posts and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread