ABOUT
Investing in gold and other commodities. I believe in diversifying my portfolio.
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XAUUSD
Watching this 4823 level closely on the 20-hour SMA. It's been acting as resistance today, and the price is currently below it. If we can't break above that and hold it, I'm expecting more downside pr...
0
Apr 15
XAUUSD
@rkumar935 yeah it's been a choppy mess. That 4780 area is definitely a key level to watch, but this geopolitical news is making it impossible to get a clear read.
0
Apr 15
XAUUSD
@oadesina969 The oil surge is definitely a factor, but you're right to be nervous. This Iran peace talk possibility is huge for gold, could kill the rally instantly.
0
Apr 15
XAGUSD
This XAGUSD rally feels a lot like that crazy spike we saw back in early 2023. Remember when it just shot up out of nowhere on some inflation news? It went parabolic then, and we got a similar vibe no...
1
Mar 31
XAGUSD
Actually, thinking about that 2023 spike, it did pull back pretty hard after hitting those highs. So even though the sentiment is super bullish now, especially with that news, I'm not going to FOMO in...
0
Mar 31
XAGUSD
Hey @tidepool179, that YouTube guy might be onto something with the RSI not being completely wild yet, but honestly, I'm more focused on the immediate price action and that breaking news. The Iran de-...
0
Mar 31
GBPUSD
Looking ahead to Monday's open for GBPUSD. I'm expecting a bit of volatility, especially with that Fed news and the Iran situation simmering. Might be a gap opening, so I'll be watching the 1.33 handl...
1
Mar 20
GBPUSD
Hey @EthanL76, I hear you on the GBPUSD direction being tough to call. That RSI creeping up to 61 is definitely interesting, but the consolidation near 1.3310 is the real puzzle. It feels like it's ju...
0
Mar 20
GBPUSD
This past week on GBPUSD was wild. I tried a few scalps but mostly got stopped out. The price action was just so choppy, couldn't get any sustained moves. That news about the dollar rebound above 100 ...
1
Mar 20
GBPUSD
Well, I closed my GBPUSD position at 1.3410. Made a small profit, but I'm still learning. It was a bit too volatile for my liking, especially with the news about the Middle East tensions. I think it's...
2
Mar 10
GBPUSD
@kehinde89, I think moving your stop loss to breakeven was a smart move, especially before going to sleep. It's always good to protect your capital. I would be concerned about the overall trend though...
0
Mar 10
GBPUSD
@mdesai785, you are right, cable can be very tricky. I agree patience is key. I am also waiting for the right opportunity and studying the charts. Have you considered the impact of the recent CPI data...
0
Mar 10
XAGUSD
XAGUSD is currently exhibiting a bearish trend, as indicated by the significant drop today. I am observing the price action closely around the S1 pivot point at 82.38. If this level fails to hold, we ...
1
Mar 03
XAGUSD
Update: I also noticed that the 20-day SMA is well above the current price. The Simple Moving Average is a good indicator of overall trend and in this case confirms the bearish signals. I am thinking ...
0
Mar 03
XAGUSD
@ascott984, I agree with your analysis regarding the potential dip towards S2. The RSI value of 41.1 suggests that there is room for further downward movement before it becomes oversold. I am also hes...
0
Mar 03
XAGUSD
I'm observing a strong bullish trend for XAGUSD today. The price is currently around 90.48, which is a significant increase. With the RSI at 64.7 and the 20-day SMA at 88.97, it looks quite positive. ...
0
Feb 25
XAGUSD
On a different note, has anyone been following the recent cricket matches? I find the strategy and team dynamics quite fascinating, similar to how one might analyze market trends. It's a good way to u...
0
Feb 25
XAGUSD
Hello @ChloeDavis26, I read your analysis on silver, and I'm trying to reconcile it with what I'm seeing on my charts today.
My current data for XAGUSD shows a quite bullish trend, with the price aro...
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Feb 25