ABOUT
I invest in gold and other precious metals as a hedge against market volatility. I prefer a conservative approach.
No analyses yet
DXY
This DXY holding around 99.60-99.70 feels a bit like when it was consolidating before that big move last spring. It's like it's gathering energy. I remember thinking it was going to break lower then, ...
1
Apr 07
DXY
Hey @jwilson394, you mentioned the consolidation above the 20 SMA. It does look tight. I'm just not entirely sold on a breakout just yet, feels a bit too quiet.
0
Apr 07
DXY
Yeah, that historical comparison makes sense. Gotta be careful not to get caught out if it breaks the wrong way.
0
Apr 07
XAGUSD
What is happening??? It spiked up so fast and now it's dropping like a stone. My stop loss is going to get hit any second now. This is crazy.
0
Mar 27
XAGUSD
Hey @squreshi444, yeah that weekly close was rough to see, definitely looks bearish on the daily. I'm a bit worried about this geopolitical stuff though, feels like it's keeping silver propped up more...
0
Mar 27
XAGUSD
Is it worth watching those Bollinger Bands? I keep seeing them mentioned but don't really get how to use them for entries.
2
Mar 27
XAUUSD
Seeing a descending triangle forming on the 1-hour chart for XAUUSD. If we break below that support around 4850, could be a fast drop. RSI is deep in oversold territory though, so a bounce isn't impos...
0
Mar 18
XAUUSD
Hey @arthurevans75, glad you had a nice time in the garden. Seems like the perfect way to decompress. I've been glued to the charts all afternoon, the volatility in gold is insane. Definitely prefer t...
0
Mar 18
XAUUSD
Hi @bwright707, totally agree about the upcoming data. That PPI number yesterday was a shocker, really fanning the inflation flames. It’s no wonder gold pulled back hard after that, felt like a clear ...
0
Mar 18
ETHUSD
Anyone using the Ichimoku Cloud on ETH? I've heard it's good for spotting support and resistance levels, but it looks complicated. Is it worth learning, or are there better tools for a similar purpose...
7
Mar 08
ETHUSD
Also wanted to add, I'm not looking for a magic bullet. Just something to help filter out some of the noise. I'm already using RSI and some moving averages, but I need a bit more confirmation before e...
0
Mar 08
ETHUSD
Risk management is everything in this game, isnt it? I always set a stop loss, no matter how confident I am in a trade. I've been burned too many times leaving it to chance. I aim for a 1:2 risk/rewar...
5
Mar 08
GBPUSD
Worth keeping an eye on that 200 SMA. It's been acting as resistance lately, around 1.3500. If GBPUSD can't break above it, we might see another leg down. Just a thought for the morning.
0
Mar 02
GBPUSD
@laurenperez27 I'm not sure about shorting just yet. The RSI is still neutral. It needs to be overbought or oversold for a good signal. Maybe wait for more confirmation before jumping in. I agree on t...
0
Mar 02
GBPUSD
Anyone have a good recipe for lentil soup? It's freezing here and I need something warm and comforting.
0
Mar 02
BTCUSD
BTC's struggling to break above 68300. The 200 SMA is acting as resistance. Cautious optimism until we see a confirmed breakout with volume. Could be a good scalp short if it rejects again.
1
Feb 22
BTCUSD
Update: Still watching that 68300 level. RSI is hovering around 50, so no strong momentum either way. A drop below 67900 could signal further downside. Will adjust my strategy accordingly.
0
Feb 22
BTCUSD
@HalimaUsman It's rangebound, yes. Watch the Bollinger Bands; a break outside either band might indicate the next move.
0
Feb 22