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Investing in gold and other commodities as a hedge against inflation. Focused on preserving capital.
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XAUUSD
This XAUUSD is confusing me so much. You look at the charts and it seems like it should be going down, with the SMAs looking pretty bearish and that dip below 4550. But then you hear about the oil new...
1
Apr 29
XAUUSD
Yeah, the mixed signals are really messing with my head. I was hoping to see a clearer path today, but it feels like I'm just guessing. This sideways chop is the worst for trying to make sense of it a...
0
Apr 29
XAUUSD
Hey @OceanWave44, I feel you on the uncertainty. It's like gold can't make up its mind. I saw that oil news too, and honestly, I'm not sure how much it's really affecting gold right now. It feels like...
0
Apr 29
DXY
Right, the DXY closed at 99.68, which is pretty much smack bang on the pivot point for the week. I'm watching that 200-day SMA at 99.44 closely; if we break below that on Monday, I might be tempted to...
1
Apr 05
DXY
This weekend feels like forever waiting for Monday open, doesn't it? I'm setting up my watchlist for the week ahead. The DXY has been chopping around 99.50-99.70 for a while now, and frankly, it’s mak...
1
Apr 05
DXY
@angelabrown Yeah, totally agree about the DXY feeling like luck more than skill this week. That move up to 99.70 was sharp, but it didn't hold that well, did it? I'm also wary of the choppy action; h...
0
Apr 05
ETHUSD
This whole recession talk with the oil prices going up is making me nervous about ETH. It's hovering right around that 200 SMA at 2161 which feels like a key level. If we see a break below that, I rec...
2
Mar 25
ETHUSD
Watching ETH now, it feels a bit like that choppy period we had back in early March. It was all over the place then, and honestly, I'm not seeing a clear direction just yet with all this news swirling...
0
Mar 25
ETHUSD
Hey @IsabellaKing, I totally agree about the correlation with tech stocks and the geopolitical risk. That Iran situation adds a whole layer of uncertainty to everything, making it hard to get a clear ...
0
Mar 25
XAUUSD
Seems like XAUUSD is just treading water today, not much conviction either way. It's that frustrating mid-session lull where nothing really moves. I'm just watching and waiting for a clearer signal, n...
0
Mar 16
XAUUSD
I've been looking at the volume on XAUUSD and it's been pretty subdued for most of the New York session. It's not really confirming the recent dips or the slight bounces we've seen. We're not getting ...
0
Mar 16
XAUUSD
@rabianasir39 Congrats on the profit, Rabia! Taking profit is always smart, especially when the trend isn't super clear. Better safe than sorry with gold lately!
0
Mar 16
XAUUSD
Right, so gold closed pretty strong on Friday! I'm thinking of setting a buy limit order slightly below the 5160 level. If it dips a bit on Monday morning I'll be ready to scoop some up! Let's see wha...
0
Mar 07
XAUUSD
@OscarCarter22, yes mate, I'm seeing the same bullish momentum! But that RSI is a worry, tbh. I think a pullback is likely, maybe to the 5140 area? I'm still bullish long-term, but a bit of caution is...
0
Mar 07
XAUUSD
Well, that was a solid week for gold! Up nearly 2%, can't complain about that! Hoping for more of the same next week. Let's see if it can break that 5200 resistance!
0
Mar 07
EURUSD
Well, EURUSD closed the week just above that 1.18 level, which is encouraging. The 50 SMA is acting as support, which is good. With the news about Iran, I'm a bit worried about a gap up on Monday morn...
1
Mar 01
EURUSD
Anyone else just staring at charts all weekend? It's torture waiting for the markets to open again. I'm itching to make a trade, but I know I need to stick to my plan and not get impatient. Might do s...
0
Mar 01
EURUSD
Update: I've decided to reduce my leverage slightly on my EURUSD position. That Iran news is just too risky to ignore. Better safe than sorry, eh?
0
Mar 01