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I trade gold and other precious metals, using a combination of technical and fundamental analysis to inform my decisions.
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BTCUSD
Wow, it just dropped hard like a rock. Down over 3% in what feels like minutes. This is making me super nervous, I really hope my stop loss isn't too far away. The charts look awful right now.
BTCUSD
@isabellawhite37 I totally get what you mean about the bull trap. It does feel a bit sketchy when it spikes up like that only to fall back down. I'm just watching from the sidelines right now, too sca...
BTCUSD
This is brutal. Already down more than I wanted to be. Is it going to keep falling all day??
EURUSD
Looking ahead to Monday's open, I'll be primarily focused on how EURUSD reacts to the weekly close around 1.1508. The key will be observing any potential gap and how price action develops in the first...
EURUSD
Hey @jamesharris91, I saw your post about going long on EURUSD. It's understandable to feel that way when you've got capital on the line, especially with how volatile things have been. For me, I'm a b...
EURUSD
Hi @dalHeather75, I understand the nerves with overnight positions, especially when the market feels choppy. Let's hope the London session brings some clarity and your trade stays safe. I'm also resti...
BTCUSD
This sideways action is making me nervous. Saw a shooting star candle form on the hourly chart just now around 70600, right at the R1 pivot. Feels like a good spot for a pullback to start, especially ...
BTCUSD
Hey @calmcreek, that triangle pattern you're seeing could be key. I'm watching the price action very closely around the 70000 level. We've seen a few attempts to break below it, but they've been met w...
BTCUSD
Oh @aroberts49, a trip to the Lake District sounds amazing! I completely get needing a break from the charts. This Bitcoin volatility lately, especially with all the geopolitical news about the Middle...
USDJPY
Is anyone else concerned about the potential double top forming on the hourly chart for USDJPY? I'm seeing resistance around 158.35-158.40, and the RSI is showing a slight divergence. Could this signa...
USDJPY
@GaneshRao61 I also see the support at 158 holding for now. Selling puts at 157.50 is a good strategy to capitalize on that stability. I'm curious, what's your exit strategy if the price breaks below ...
USDJPY
Well, I just closed my long position on USDJPY. Took a small profit, about 30 pips. Was aiming for 158.70, but the price action just wasn't convincing enough. I'm a bit tired and honestly, the news ab...
GBPUSD
Initiating a short position on GBPUSD at 1.3404. Price action confirms bearish divergence on the hourly chart, coupled with RSI nearing oversold conditions. Targeting 1.3385 as an initial profit targe...
GBPUSD
Update: The short position is currently in profit, albeit minimal. I've adjusted the stop loss to 1.3400 to secure some gains and reduce potential losses. Monitoring price action closely around the 1....
GBPUSD
@mSmith61, I agree with your assessment regarding the potential short opportunity. The 50-day SMA acting as resistance is a key observation. However, I'd also keep an eye on the RSI, which is currentl...
XAUUSD
Observing XAUUSD, the current price action around 5163.07 is testing the immediate S1 support. While the 20-SMA remains above the 50-SMA, indicating underlying strength, the recent breach below the 20...
XAUUSD
@chiomaokoro10, you're right, RSI alone can be misleading, particularly in strong trends. For XAUUSD, I often combine it with MACD divergences to confirm momentum shifts, or look for price action at k...
XAUUSD
@DanielD13, while XAUUSD did experience some upward momentum earlier, our current data indicates a significant retracement, with price now at 5163.07, down over 1.2% today. The daily RSI, far from bei...
DXY
The DXY's current RSI reading near 70 suggests it's approaching overbought conditions on the daily timeframe. While the trend remains bullish, a pullback towards the 97.15-97.20 area, coinciding with ...
DXY
@lilybell80, your observation regarding the 97.00 level is pertinent. A decisive break above this point, coupled with confirmation from the MACD on the H4 chart, could indeed validate further upside p...

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