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Gold Trading
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RichardBills

Biedrs kopš Mar 25, 2015  74 ieraksti Richard Bills (RichardBills) Dec 27 2016 at 09:59
leopoldo posted:
I think gold reached some of its all time low levels against the dollar and I really expect that it will start rising up over the next days and weeks smiley A bearish trend is now turning into a range consolidation. The price is not going lower than 1125 anymore. Maybe it's time to go long smiley


I agree with you, XAUUSD broke a key resistance at 1140 so it may start a bullish trend soon. Stronger signals we could expect after the holidays.

mitchel14

Biedrs kopš Jun 03, 2014  58 ieraksti mitchel14 Dec 27 2016 at 17:19
RichardBills posted:
I think it was already said on this discussion that patience is key and my recent trade on XAUUSD prove it. I held a long position (initially losing) for several days until the pair eventually rose up again and closed it with a profit smiley



Excellent, had you anticipated that would work that way?

jamess2

Biedrs kopš Aug 20, 2016  29 ieraksti jamess2 Dec 29 2016 at 09:34
RichardBills posted:
I think it was already said on this discussion that patience is key and my recent trade on XAUUSD prove it. I held a long position (initially losing) for several days until the pair eventually rose up again and closed it with a profit smiley



Good job! thanks for sharing

mattx

Biedrs kopš Oct 13, 2016  26 ieraksti mattx Jan 02 2017 at 09:57
tormess posted:
Guys, the gold is close it its all time low levels, do you think it will go up again soon, maybe by the end of the year to see an uptrend? I'm thinking about going long looking at the daily chart.

mattx

Biedrs kopš Oct 13, 2016  26 ieraksti mattx Jan 02 2017 at 09:57
@tormess Hey and so far keeps going down ... I think it's good to buy, but not to sell. Now, I dont think theres anyone willing to sell right now.

ProfessorGold

Biedrs kopš Aug 29, 2016  48 ieraksti Noor Kausar (ProfessorGold) Jan 02 2017 at 12:36
@tormess @adam4 @camerongill @fabritzio @holdend @jamess2 @leopoldo @mattx @naiza @PriceAction13 @proyecto1 @RichardBills @ricki72 @samusa @TiffanyK @togr @tormess keep patience , its correlatiog with usd , xaueur taking it up , no buying started yet, 1135/1128 can be repeated this week i am not yet buying , in two weeks may be , if you are interested trading with me w.s me +923335242195

noorkausar2@
zack4

Biedrs kopš Aug 09, 2016  25 ieraksti zack4 Jan 02 2017 at 15:17
ProfessorGold posted:
@tormess @adam4 @camerongill @fabritzio @holdend @jamess2 @leopoldo @mattx @naiza @PriceAction13 @proyecto1 @RichardBills @ricki72 @samusa @TiffanyK @togr @tormess keep patience , its correlatiog with usd , xaueur taking it up , no buying started yet, 1135/1128 can be repeated this week i am not yet buying , in two weeks may be , if you are interested trading with me w.s me +923335242195



I think this first week many traders will refrain from buying or selling.

yumpio

Biedrs kopš Oct 13, 2016  25 ieraksti yumpio Jan 02 2017 at 15:26
ProfessorGold posted:
@tormess @adam4 @camerongill @fabritzio @holdend @jamess2 @leopoldo @mattx @naiza @PriceAction13 @proyecto1 @RichardBills @ricki72 @samusa @TiffanyK @togr @tormess keep patience , its correlatiog with usd , xaueur taking it up , no buying started yet, 1135/1128 can be repeated this week i am not yet buying , in two weeks may be , if you are interested trading with me w.s me +923335242195



The gold trade and all other foreign exchange trades need patience to see the result

yumpio

Biedrs kopš Oct 13, 2016  25 ieraksti yumpio Jan 02 2017 at 15:26
mattx posted:
@tormess Hey and so far keeps going down ... I think it's good to buy, but not to sell. Now, I dont think theres anyone willing to sell right now.



The best thing in my opinion is to wait a little these first few days.

ProfessorGold

Biedrs kopš Aug 29, 2016  48 ieraksti Noor Kausar (ProfessorGold) Jan 05 2017 at 15:57
@all thats what professor gold has been talking about , a real pain to us dollar , now rates hikes higher but data too much negative adp 153 k :D

Member Since Aug 28, 2016 39 postsNoor Kausar (ProfessorGold) Dec 16 2016 at 00:49
@camerongill whatsap me 923335242195 at times i dont come here , i have to take classes in universty , now 1119/118 is a strong support buy it , but not for a long term , some of my maths equations saying closing of 2016 might be 1105 thats why i am waiting for a close price of the year , Talking fundamentals , rate hikes happened as expected , now u.s is in real trouble they can not afford rate hikes they have to insert a series of hikes or they have to decrease it they can not keep this value constant , lets create two equations X1 and X2
X1= rates remain higher at this value , while The incoming data is not green but red
x2= reaction of japs , eu, uk rates which is for sure more negative and rate cuts
assuming 1 if rates remain higher , data is negative like nfp , afp , unemployment , inflation etc , impact of this equation on market
and impact of second , all you have to do is to now watch for negative data , ( a series of negative data , remember the down leg of usdx will be faster then this up leg as rates are higher , opposite to it you can understand bette

noorkausar2@
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