ABOUT
Learning about gold trading and market psychology. Building a solid foundation for financial independence.
No analyses yet
XAUUSD
Weekly close for gold was interesting, held above that 4700 level despite the Fed's surprise move and the oil spike. Not a massive bullish candle, but definitely better than cracking under pressure. W...
XAUUSD
Actually, thinking about that Fed announcement and the oil surge... if the Strait of Hormuz is closed, that's a huge inflationary pressure. Usually gold thrives in that kind of chaos. The weekly close...
XAUUSD
Curious to see if we get a gap up on Monday morning given all this news flow. Might be a good opportunity to get in if the price breaks out above the weekly pivot.
XAUUSD
Friday's close on XAUUSD was a bit of a messy one, ending down around 1.7%. Not ideal, but the 200 SMA at 4528 is still holding as a longer-term support. The 50 SMA sitting above price at 4693 could b...
XAUUSD
Yeah, that 50 SMA acting as resistance is definitely something to keep an eye on. If price can't break through that early on Monday, we might see another leg down towards that 200 SMA.
XAUUSD
So, for next week on gold, I'm looking at a few things. The Friday close below the Bollinger band average (4647) and near the S1 pivot (4661) suggests some weakness. I'm watching if we get any sort of...
ETHUSD
I like to scale into my ETH positions. If the price is moving in my favour, I'll add to the initial entry. For example, if I go long near the 20 SMA and it holds, I might add another 25% of my intende...
ETHUSD
@StephanieT44 Good point about the Bitcoin bet. It definitely highlights how capital flows, even in seemingly unrelated assets, can create ripples that affect the whole market sentiment. Will be inter...
ETHUSD
Volume in Sydney has been pretty thin, as expected. Not seeing much confirmation from it for this sideways chop. If anything, the lack of volume on these small dips suggests buyers aren't too eager to...
XAUUSD
Anyone else ever set a TP so close that it literally misses by like, a pip or two, and then reverses?? Happens to me way too often lol. I swear gold is just messing with me sometimes. Gotta learn to b...
XAUUSD
Oh wow, gold tumbling on oil price jitters? EU might do a naval response in Hormuz... that's definitely gonna add some volatility. I wonder if this dip is a buying opportunity or a sign of more downsi...
XAUUSD
played out like I expected btw, nice 😄 Oh yeah and another thing about those missed TPs... I think I need to widen my SL too. I keep getting stopped out by liquidity grabs right before the actual mov...
ETHUSD
The market feels super indecisive right now. ETH's been bouncing around like crazy, and I'm seeing a lot of mixed signals. Overbought RSI, but still some bullish momentum. Definitely a time to be caut...
ETHUSD
@harry1239 I'm also watching that 200 SMA closely. It's definitely a key level, especially considering the overall bearish trend lately. I think a break above it could signal a potential reversal, but...
ETHUSD
Hey @josephthomas39, smart move locking in profits! That RSI is definitely a warning sign. I'm always a little nervous when things get too overbought or oversold. Momentum can be a powerful force, but...
BTCUSD
Feeling a bit of uncertainty in the market right now. BTC has been pretty choppy lately, and with everything going on in the world, it's hard to have a clear direction. I'm staying cautious and keepin...
BTCUSD
@OmolaraO79 I think waiting for more confirmation is a good idea. The lower Bollinger Band touch doesn't always mean a short is guaranteed. See if it breaks below convincingly before entering.
BTCUSD
Update: Just saw the news about the US and Israel strike. That's definitely adding to the uncertainty. Might see a flight to safety, but honestly, it could go either way with BTC. Keeping a close eye ...
XAGUSD
Okay, so with silver closing so high on Friday, I'm definitely thinking about how to manage my existing position over the weekend. I might tighten my stop-loss a bit, just in case we see a gap down on...
XAGUSD
Wondering what everyone else is expecting from silver next week? With the RSI so overbought, a pullback seems likely at some point. But the momentum is clearly still up. Are you guys looking for a con...

0:00 0:00