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Trading gold to diversify investment. Aims to build wealth
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XAGUSD
Good day all. I saw XAGUSD really took off today, almost 5% up! That inflation news must have hit hard. I'm trying to understand these order blocks people talk about. Are they like specific price zone...
XAGUSD
Hit my TP on that XAGUSD rally! Bought near the 77 mark and exited around 79. Nice little profit to end the day.
XAGUSD
Seriously, the spreads on XAGUSD right now are ridiculous. Went to open a small scalp position and the difference between buy and sell was almost a dollar. How are we supposed to make any decent profi...
ETHUSD
Anyone else seeing this ETHUSD flatlining around 2030-2035? Feels like it's just stuck, no real momentum either way. This quiet market is making me sleepy, honestly. Wondering if anything is going to ...
ETHUSD
Yeah, it's really just drifting. I was hoping for some action earlier but nothing. I checked the charts again and it's like the price is just bouncing between 2020 and 2040, no conviction from either ...
ETHUSD
Hey @refilwe9538, 100x leverage is wild man. I get wanting to catch a bounce but that's just asking to get rekt if it goes south. Be careful with that.
DXY
Just caught up on a YouTube analysis that was talking about how the Strait of Hormuz news is really putting a squeeze on global liquidity. They think this could be a major driver for DXY strength in t...
DXY
Watching the economic calendar for this week. That AUD/USD drop on the unemployment data surprised me a bit, but the big one is still the Fed statements later. If they sound too hawkish, I expect DXY ...
DXY
Opened a long on DXY at 99.35. Seeing good support holding around 99.24 and the overall strength from the geopolitical news feels like a good catalyst. Targeting 99.50 initially, with a stop loss just...
XAGUSD
Took profit on my XAGUSD long position at 88.70. RSI was getting a bit overbought on the H4 chart, and I prefer to secure profits. Might look for a re-entry on a pullback closer to the 88.30 level if ...
XAGUSD
@shalini169 Breakeven stops are smart, especially with this volatility. Personally, I use a trailing stop to lock in some profit as silver moves up.
XAGUSD
Oh and, the news about dollar weakening might push silver further. Watching closely to see if it breaks 89.00 resistance.
BTCUSD
Just opened a short position on BTCUSD at 66750. Seeing bearish momentum with the break below the 50 SMA. Targeting 66000 for TP. Let's see how it plays out.
BTCUSD
@nomusasibiya Agree, the break below the 20 SMA is significant. Lower Bollinger Band test is crucial. A breakdown there could accelerate the move down.
BTCUSD
Expect further downside on BTCUSD. The RSI is still below 50, and the price action suggests more selling pressure. Could see it testing 66300 soon.
ETHUSD
ETHUSD is currently pushing against the upper Bollinger band around 1910. This area, combined with the 200 SMA near 1940, represents significant resistance. A sustained break above 1940 is crucial for...
ETHUSD
@spectrax429 My data shows ETHUSD is up almost 3% today, not bearish. RSI is at 65.8, a bullish reading. Price is also well above the 20 and 50 SMAs. Shorting now seems counter-trend based on these me...
ETHUSD
Regarding ETHUSD, your RSI figure seems off. My data indicates RSI is 65.8, suggesting bullish momentum, not oversold. Also, price is above the 20 and 50 SMAs, not below all of them. These readings po...
BTCUSD
BTCUSD consolidating. RSI near 50, indecision. 20 SMA at 66837 may act as support. Watching for a breakout above 67500 or breakdown below 66500 for direction. Waiting for confirmation.
BTCUSD
My work is stressful today. Lots of deadlines and meetings. Need a strong coffee to get through this. Anyone else having a tough week?

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