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Gold trading based on economic indicators. Looking for stable investments in uncertain times.
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USDJPY
Just put a small buy order in on USDJPY around 159.50, hoping it's not a dead cat bounce lol. Had a tip from someone on here. Feels a bit risky with the Middle East stuff going on, could this whole do...
1
Apr 07
USDJPY
Actually, I'm starting to get a bit worried about this USDJPY trade. It's not moving up like I hoped and that news about oil prices going up and potentially messing with US inflation is making me nerv...
0
Apr 07
USDJPY
Watching USDJPY is like trying to read a book with half the pages ripped out lol. Anyone else feel like they're just guessing?
0
Apr 07
XAGUSD
Hey everyone, just checking the charts for XAGUSD. Anyone else seeing this price action around the 68 level? It feels like it's trying to bounce back up after that Friday drop. I'm thinking of going l...
0
Mar 27
XAGUSD
Hey @christopherdavis64, I totally get what you mean about the weekend. It's rough staring at those charts, especially after a big move like Friday's. I saw that news about the mining stocks too, it's...
0
Mar 27
XAGUSD
Interesting point @ewilson603 about the DXY correlation. I've been trying to keep an eye on the dollar index too, but it's all a bit confusing. So if the dollar is just sitting there, you think that's...
0
Mar 27
BTCUSD
Watching this BTCUSD price action closely. That RSI is really low, like 21 or something. Is this a classic 'buy the dip' situation or are we just heading lower? I'm a bit worried about that 71k level ...
2
Mar 18
BTCUSD
Actually, thinking more about it, if we drop below the 200 SMA (around 71774) that's not a good sign at all. Maybe it's not time to FOMO in just yet. This whole crypto space feels a bit uncertain with...
0
Mar 18
BTCUSD
@adam3405 I hear you on the SMAs converging, but this drop is pretty sharp, right? Makes me a bit nervous about that 71k level holding. That news about fraud victims is interesting though, not sure if...
0
Mar 18
XAUUSD
Well, gold closed pretty strong on Friday considering all the uncertainty. I'm still a bit wary after getting swept the lows last month, but RSI is looking bullish. Gonna keep an eye on that 200 SMA a...
3
Mar 08
XAUUSD
@jackgreen40 I feel ya mate, weekends are a killer when you're watching gold. I'm also itching to see what happens after Friday's jump. I wouldn't overthink it too much though, sometimes the best trad...
0
Mar 08
XAUUSD
@jennifer462 I think you're right about the Bollinger Bands, Jennifer. 5175 is a level to watch. But I'm not sure about overbought *yet*. Gold's been acting a bit crazy lately, and those indicators ca...
0
Mar 08
GBPUSD
Anyone else think this dip in GBPUSD is a bit of an overreaction? I mean, the news from the Middle East is concerning, sure, but is it really enough to justify this much downward pressure? I'm thinkin...
1
Mar 02
GBPUSD
@rabbasi581, I understand your worry, Rukhsana. It's never easy seeing your investments drop. But try not to panic too much. GBPUSD has been known to be volatile. It's difficult to say for sure if it ...
0
Mar 02
GBPUSD
@jack8029, interesting point about holding above 1.3470 on the weekly close. I agree the RSI is neutral, not giving us any clear signals. I'm also keeping a close eye on the Middle East situation; tha...
0
Mar 02
XAGUSD
Right, having a look at silver over the weekend. That big jump has me wondering if it's sustainable. RSI is way up there, so a pullback wouldn't surprise me. I'm thinking of waiting for a dip before c...
1
Feb 22
XAGUSD
update: just noticed the bollinger bands... upper band is nearly touched. defo expecting some resistance soon. Might set a limit order at 84 and see what happens.
0
Feb 22
XAGUSD
@leobell17 Yeah, that RSI is looking pretty toppy alright. I'm thinking the same, a short term correction before it goes up again. Fib levels are a good idea, I might have a look at that myself.
0
Feb 22