XAU/USD and XAG/USD - Gold and Silver FX Traders Thread

12pm Time Price marks for GC.
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GOLD H1 - boosting setup
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Hope I'm not having an intruder by posting arbitrary charts, but lately picked up gold (I'm fairly new to naked chart trading too) and wanted to share my observations with seasoned gold traders and learn something. Took a market on gold in 1341 I think its 1340 round amount , price has already breached beneath the zone 1341 and the general trend is down and at about 20 minutes something ought to get going till at least London 6GMT I'm trading on a demonion btw if anybody cares.
https://www.forexforum.co.za/attachments/1517282771.jpg

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Hope I am not having an intruder by posting arbitrary charts, but recently picked up gold (I am fairly new to naked chart trading as well) and wanted to share my observations with veteran gold traders and also learn something. Took a sell on gold at 1341 I think its 1340 round amount , price has breached below the zone 1341 and the general trend is down and at about 20 minutes some thing ought to get going until at London 6GMT I am trading on a demonion btw if anybody cares. image

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Looks like I am going against the 4h principal trend.
https://www.forexforum.co.za/attachments/1517282774.jpg

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quote Looks like I am going from the 4h principal trend. picture

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next slot 6GMT London
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quote All talk and no (or very little) action. Fits the Pres we have.

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I stand corrected!

If you're long be cautious of the major spike on the USDX it might drive gold down should we hold over 89usdx

trying to find the fracture on 17.00xagusd and for gold to drive 1335 and examine 1330.

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quote I stand corrected!

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Maybe not. There's always the reaction ... and then counter reaction. See what following week and later brings.

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quoteHow to spank image image

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WTF!

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Average cost is important. This is Mladen's free present... Lets see whether it will rule out. Again. image

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This mladen's complimentary gift. We may observe the time BELOW the average daily channel price rules outside. Again.
Https://www.forexforum.co.za/attachments/1517913985.jpg
A person here was laughing I'm posting the wrong H4 chart. Because you can observe bottoms and tops are the thing on charts. The center price and the timing will be the 2nd next significant thing...

Now, a weekly channel low cost touch usually means two things:

A. a dip (probably some broad selection, such as in Oct'17-Nov'17)
B. a trend shift (severe)...

don't know which it will be. Cash on the table may flip the direction at any given time...