Silver Trading strategy today, XAGUSD - May 8, 2019 ~ Closed Silver +1.13 (+7.26%)
May 30 Thu 19:49 (EST)
I have closed WTI and Siver positions.
WTI does not rebound strongly. Oil pirces will go higher. I will wait for a better opportunity to buy.
Silver prices will go down further.
<< Closed Closed SPOT SILVER (XAGUSD) 1.13pt (7.26%)
- SELL Positions: Units: 9, Average Profit: 1.13pt (7.26%), Average Entry Price: 15.51, Average Closed Price: 14.38, Average Holding Days: 78
<< Closed Closed WTI CRUDE OIL Futures (CME NYMEX: CL) 0.04pt (0.14%)
- BUY Positions: Units: 7, Average Profit: 0.04pt (0.14%), Average Entry Price: 59.1, Average Closed Price: 59.14, Average Holding Days: 24
Addition: May 23 Thu 09:04 (EST)
Gold prices are going up. It's an opportunity to sell, not to buy.
May 23 Thu 07:21 (EST)
Gold prices are waiting for the time to go down. The resistance for XAUUSD is $ 1284. The support may be $ 1250.
Silver prices are likely to fluctuate. The resistance is $ 14.73. XAGUSD is likely to drop to at least $ 14.2. I will hold the sell positions.
WTI is dropping. It will be good opportunities to buy. They could drop to around $ 57.0. If they drop below $ 60.0, I will buy more.
May 22 Wed 07:48 (EST)
Gold prices will go down soon. XAUUSD will drop below $1250.
Silver prices are likely to fluctuate, however, will go down to at least $ 14.2. I will hold the sell position.
WTI oil prices are staying. There is no way. WTI will go over $ 70.0. I will hold the buy position. If WTI drops below $ 60.0, I will buy more.
May 21 Tue 08:01 (EST)
Gold prices are going to go down. XAUUSD is likely to drop below $ 1250. The resistance is $ 1283.
Silver is weaker than gold. XAGUSD is likely to go down below $ 14.0. I will close the sell positions at around $ 14.2. If XAGUSD drops sharply, the tager could be at around $ 14.0.
WTI is likely to soar soon. So-called they are making oil markets so hot. It is getting worse. Oil prices are going to skyrocket. I will hold the buy positions. WTI will go over at least $ 79.0.
May 20 Mon 07:46 (EST)
XAU/USD : Gold prices are ready to go down. XAUUSD will check whether $ 1250 is a support or not. $ 1250 line does not seem to be strong. We may think of $ 1213.5.
XAG/USD : Silver will go down further. XAGUSD could drop blow $ 14.0. I have set taget price at $14.2 for the current sell positions. I am going to close the positions at arond $ 14.2.
WTI : Crude oil markets are not easy, but very hot. Oil prices should go higher. WTI is likely to go over $ 70.0. I think about the $ 76.0 line. If WTI dorps below $ 60.0, I will buy more.
May 17 Fri 07:32 (EST)
Gold and silver prices are dropping, as expected. The $ 1298.5 was confirmed as a resistance. $ 1285.0 is a support but looks weak. XAUUSD is likely to drop to $ 1250.0.
Silver is weaker than gold. XAGUSD is likely to drop to $ 14.2, and may drop to $ 13.8. I will hold the sell positions.
WTI is going up. Oil prices are likely to go higher. There is no way. WTI will go over $ 70.0 or more.
EURUSD seems to drop significantly soon, maybe, to 1.0817.
May 16 Thu 07:54 (EST)
The resistance for gold is $ 1298.5, as expected. XAUUSD is on the way down, and is likely to confirm $ 1250. It may be difficult to rise without confirming that price level as a support. If they go over $ 1300, it will be an opportunity to sell.
Silver is likely to fluctuate. XAGUSD will go down to at least $ 14.5. The resistance is $ 14.95. I will hold the sell positions.
Crude oil markets are getting worse. Oil prices can not go down. WTI is likely to go over $ 70.0, or more. If WTI drop below $ 60.0, I will buy more.
May 15 Wed 06:24 (EST)
There is no change in the market. Gold prices may rise a bit. If they go over $ 1300.0, it will be opportunity to sell. XAUUSD needs to confirm the $ 1250.
Silver prices may fluctuate today. If they go over $ 15.0, it will be better to sell. XAGUSD will go down to at least $ 14.5. I will hold the sell position.
May 14 Tue 07:22 (EST)
Gold market is giving traders opportunity to sell. $ 1298.8 is a strong resistance. XAUUSD is likely to go down to around $ 1250. XAGUSD will drop to $ 14.2. I will hold the sell positions.
WTI will go higher. I will buy more if the prices drop below $ 60.
May 13 Mon 07:21 (EST)
Silver is going down as expected, eventhough gold is staying. XAGUSD is likely to drop to $ 14.5 or $ 14.2. I will hold the sell positions.
Oil market is getting worse. Oil prices are likly to go higher. There is no way. Brent oil may go over $ 79.0 and WTI over $ 70.0. If WTI drops below $ 60, I will buy more.
May 10 Fri 07:28 (EST)
Today, silver XAGUSD is likely to fluctuate sharply. We need to fasten the seat belt. The drops may mean that silver will go down to at least $ 14.2.
May 9 Thu 23:26 (EST)
Precious metal market mixed. Gold may go up a litte, however that could not be the time to buy. Gold and Silver will drop. The resistance line for gold is $ 1288.7. XAGUSD will go down below $ 14.5.
Crude oil prices are likely to go up. WTI will go over at least $ 70.0.
>> No change to the portfolio.
May 8 Wed 22:07 (EST)
Gold has confirmed $ 1288.7 is its resistance. XAUUSD will drop again below $ 1269.5.
XAGUSD, the resistance is $ 14.5 and the target will be $14.2.
No change to the portfolio.
May 8 Wed 11:08 (EST)
It is an opportunity to sell gold and silver. There is no change in the market.
>> bought WTI at 61.35
[Gold price daily chart, XAUUSD]
Futures CFD Forex Trading Strategies and Tips - Specializing in Gold Silver XAUUSD XAGUSD, also proficient in Dollar Euro rates. Forex trading is risky and not easy. Trading style is different from trader to trader. For Reference Only. Good luck.
I have closed WTI and Siver positions.
WTI does not rebound strongly. Oil pirces will go higher. I will wait for a better opportunity to buy.
Silver prices will go down further.
<< Closed Closed SPOT SILVER (XAGUSD) 1.13pt (7.26%)
- SELL Positions: Units: 9, Average Profit: 1.13pt (7.26%), Average Entry Price: 15.51, Average Closed Price: 14.38, Average Holding Days: 78
<< Closed Closed WTI CRUDE OIL Futures (CME NYMEX: CL) 0.04pt (0.14%)
- BUY Positions: Units: 7, Average Profit: 0.04pt (0.14%), Average Entry Price: 59.1, Average Closed Price: 59.14, Average Holding Days: 24
Addition: May 23 Thu 09:04 (EST)
Gold prices are going up. It's an opportunity to sell, not to buy.
May 23 Thu 07:21 (EST)
Gold prices are waiting for the time to go down. The resistance for XAUUSD is $ 1284. The support may be $ 1250.
Silver prices are likely to fluctuate. The resistance is $ 14.73. XAGUSD is likely to drop to at least $ 14.2. I will hold the sell positions.
WTI is dropping. It will be good opportunities to buy. They could drop to around $ 57.0. If they drop below $ 60.0, I will buy more.
May 22 Wed 07:48 (EST)
Gold prices will go down soon. XAUUSD will drop below $1250.
Silver prices are likely to fluctuate, however, will go down to at least $ 14.2. I will hold the sell position.
WTI oil prices are staying. There is no way. WTI will go over $ 70.0. I will hold the buy position. If WTI drops below $ 60.0, I will buy more.
May 21 Tue 08:01 (EST)
Gold prices are going to go down. XAUUSD is likely to drop below $ 1250. The resistance is $ 1283.
Silver is weaker than gold. XAGUSD is likely to go down below $ 14.0. I will close the sell positions at around $ 14.2. If XAGUSD drops sharply, the tager could be at around $ 14.0.
WTI is likely to soar soon. So-called they are making oil markets so hot. It is getting worse. Oil prices are going to skyrocket. I will hold the buy positions. WTI will go over at least $ 79.0.
May 20 Mon 07:46 (EST)
XAU/USD : Gold prices are ready to go down. XAUUSD will check whether $ 1250 is a support or not. $ 1250 line does not seem to be strong. We may think of $ 1213.5.
XAG/USD : Silver will go down further. XAGUSD could drop blow $ 14.0. I have set taget price at $14.2 for the current sell positions. I am going to close the positions at arond $ 14.2.
WTI : Crude oil markets are not easy, but very hot. Oil prices should go higher. WTI is likely to go over $ 70.0. I think about the $ 76.0 line. If WTI dorps below $ 60.0, I will buy more.
May 17 Fri 07:32 (EST)
Gold and silver prices are dropping, as expected. The $ 1298.5 was confirmed as a resistance. $ 1285.0 is a support but looks weak. XAUUSD is likely to drop to $ 1250.0.
Silver is weaker than gold. XAGUSD is likely to drop to $ 14.2, and may drop to $ 13.8. I will hold the sell positions.
WTI is going up. Oil prices are likely to go higher. There is no way. WTI will go over $ 70.0 or more.
EURUSD seems to drop significantly soon, maybe, to 1.0817.
May 16 Thu 07:54 (EST)
The resistance for gold is $ 1298.5, as expected. XAUUSD is on the way down, and is likely to confirm $ 1250. It may be difficult to rise without confirming that price level as a support. If they go over $ 1300, it will be an opportunity to sell.
Silver is likely to fluctuate. XAGUSD will go down to at least $ 14.5. The resistance is $ 14.95. I will hold the sell positions.
Crude oil markets are getting worse. Oil prices can not go down. WTI is likely to go over $ 70.0, or more. If WTI drop below $ 60.0, I will buy more.
May 15 Wed 06:24 (EST)
There is no change in the market. Gold prices may rise a bit. If they go over $ 1300.0, it will be opportunity to sell. XAUUSD needs to confirm the $ 1250.
Silver prices may fluctuate today. If they go over $ 15.0, it will be better to sell. XAGUSD will go down to at least $ 14.5. I will hold the sell position.
May 14 Tue 07:22 (EST)
Gold market is giving traders opportunity to sell. $ 1298.8 is a strong resistance. XAUUSD is likely to go down to around $ 1250. XAGUSD will drop to $ 14.2. I will hold the sell positions.
WTI will go higher. I will buy more if the prices drop below $ 60.
May 13 Mon 07:21 (EST)
Silver is going down as expected, eventhough gold is staying. XAGUSD is likely to drop to $ 14.5 or $ 14.2. I will hold the sell positions.
Oil market is getting worse. Oil prices are likly to go higher. There is no way. Brent oil may go over $ 79.0 and WTI over $ 70.0. If WTI drops below $ 60, I will buy more.
May 10 Fri 07:28 (EST)
Today, silver XAGUSD is likely to fluctuate sharply. We need to fasten the seat belt. The drops may mean that silver will go down to at least $ 14.2.
May 9 Thu 23:26 (EST)
Precious metal market mixed. Gold may go up a litte, however that could not be the time to buy. Gold and Silver will drop. The resistance line for gold is $ 1288.7. XAGUSD will go down below $ 14.5.
Crude oil prices are likely to go up. WTI will go over at least $ 70.0.
>> No change to the portfolio.
May 8 Wed 22:07 (EST)
Gold has confirmed $ 1288.7 is its resistance. XAUUSD will drop again below $ 1269.5.
XAGUSD, the resistance is $ 14.5 and the target will be $14.2.
No change to the portfolio.
May 8 Wed 11:08 (EST)
It is an opportunity to sell gold and silver. There is no change in the market.
>> bought WTI at 61.35
[Gold price daily chart, XAUUSD]