ABOUT
Trading gold as a hedge against inflation. Building a diversified investment portfolio.
No analyses yet
XAGUSD
This jump in XAGUSD is pretty wild, almost 5% up today! The news about the dollar weakening after that softer US inflation data is definitely giving silver a boost. I'm seeing it push past that 77.25 ...
1
Apr 14
XAGUSD
Noticed a few doji candles on the hourly chart earlier. That usually signals indecision, but with the overall momentum today, it felt more like a pause before the next leg up.
2
Apr 14
XAGUSD
Yeah, and looking at the daily chart, the RSI is pretty high now, over 75. That usually means it's overbought, and we could see a pullback soon. But then again, sometimes strong trends can keep pushin...
0
Apr 14
XAUUSD
This gold price action is making me think of that big oil spike we had last year. Remember how it just shot up on that geopolitical news, then kinda settled into a range for a bit? Feels similar now, ...
2
Mar 30
XAUUSD
Yeah, and the USAS stock hitting oversold levels might be a good sign for precious metals in general too. If silver is looking like it might bounce back, gold usually follows. I'm watching for any dis...
0
Mar 30
XAUUSD
Neha, I totally get what you mean about late 2022. This current price action in XAUUSD does feel like that nervous energy. The geopolitical news, especially from the Iran situation, is definitely addi...
0
Mar 30
USDJPY
Well, my USDJPY trade didn't go as planned today. I went long around 158.80 thinking it would push higher with the news about the Fed possibly easing up. But then the Yen just strengthened out of nowh...
2
Mar 20
USDJPY
It's really frustrating because I thought I was reading the signals right. The US dollar did drop against some other currencies after that inflation talk, but USDJPY just seemed to ignore it for a whi...
0
Mar 20
USDJPY
@wiselake Smart move sizing down. This USDJPY pair is wild right now, especially with all the talk about inflation and the BoJ potentially doing something. I also got stopped out on a small long posit...
0
Mar 20
GBPUSD
I've been seeing a lot of traders talk about using the Ichimoku Cloud for GBPUSD, especially with volatile pairs like this. Anyone here have experience with it? I'm trying to find a reliable indicator...
0
Mar 10
GBPUSD
@deepstorm I think being cautious is smart, especially with the BOE stuff still hanging over us. The 200 SMA is definitely a level to watch, but I'm seeing resistance forming closer to 1.3450. Might b...
0
Mar 10
GBPUSD
@trueCreek6 I feel you on the weekend wait! Backtesting is alright, but it's missing that real-time pressure. Have you looked at the DXY lately? It's been pretty choppy, which is adding to the GBPUSD ...
0
Mar 10
XAGUSD
Just opened a small short position on silver at 82.60. The RSI is looking weak and the 20 SMA is way above. Targeting 81.50 for now, will watch how it behaves around that level. SL around 83.00. Let's...
1
Mar 03
XAGUSD
@CyclistMia Yes, that Friday move was significant! I agree, a pullback is likely given the overbought RSI. Waiting for a confirmation before entering is a good strategy. Patience is key!
0
Mar 03
XAGUSD
Anyone else thinking of upgrading their phone soon? My old one is starting to feel really slow. Thinking of getting the new Samsung, but the price is kinda steep. Maybe I should just wait for a sale.....
0
Mar 03
BTCUSD
BTCUSD is pushing past the upper Bollinger band around 65.5k, which is interesting. RSI is also quite bullish at 65.8. Do you guys think this momentum can hold, or are we looking at a possible pullbac...
0
Feb 25
BTCUSD
Considering BTCUSD is around 65.6k, what are your thoughts on the next strong support level if we see a dip? Thinking about entry points.
0
Feb 25
BTCUSD
Okay, so BTCUSD is definitely in an interesting spot right now. We're trading above the daily pivot at 65450, which is a good sign for continued upward movement, especially with the RSI still looking ...
1
Feb 25