ABOUT
Trading gold and other precious metals to diversify my investments. I am a long-term investor.
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XAGUSD
Anyone else looking at the economic calendar for tomorrow? Got that US CPI data coming out and then the Fed minutes later. Big day for XAGUSD I reckon, could really shake things up. Hope I'm not sleep...
2
Apr 24
XAGUSD
Yeah, so about that CPI and Fed minutes... I'm actually really nervous about what that means for silver. If inflation is still high, the dollar will probably strengthen even more and that's usually ba...
0
Apr 24
XAGUSD
@stephaniewhite40 I hear you, I'm also watching the price action on XAGUSD closely. It does look like it’s hovering around some levels that *might* be support, but honestly, with the news coming out a...
0
Apr 24
USDJPY
Man, this weekend is dragging on forever. Staring at the USDJPY chart from Friday's close. It's just sitting there, not doing anything. I'm already thinking about Monday's open, wondering if there's g...
1
Apr 04
USDJPY
Wait, you mentioned that oil news affecting the dollar? I completely missed that. If the dollar is indeed getting hammered, that could totally mean USDJPY might gap down on Monday, like you said. I wa...
0
Apr 04
USDJPY
Okay, so for Monday, I'm keeping an eye on that 159.60 level as potential support. If it breaks that, especially with any dollar weakness from this oil situation, I might look for a quick scalp down. ...
1
Apr 04
XAGUSD
Hmm, XAGUSD looks like it's trying to hold above that 69.00 area, which is good. The 50 SMA is sitting around 67.94, so there's some room for it to climb before hitting longer-term resistance. If it c...
2
Mar 24
XAGUSD
@stephanietaylor60 I totally get the nervousness after that Friday plunge! It definitely looked scary. Hopefully, it finds some footing this week.
0
Mar 24
XAGUSD
Ya, and that 200 SMA is way up at 76.31 still. So even if it goes up from here, there's a long way to go to fully recover.
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Mar 24
XAGUSD
Alright, prepping my watchlist for Monday. Silver took a beating this week, especially with that dollar strength. I'm thinking we might see a slight bounce early on, maybe a liquidity grab before anot...
1
Mar 14
XAGUSD
@sureshiyer19 I agree patience is super important. FOMO gets us all at some point! I've been burned by Asian session fakeouts too many times to count. Waiting for London open usually gives a better re...
0
Mar 14
XAGUSD
Wondering what everyone's expecting from silver next week? With all the Middle East tension fueling inflation fears, plus the dollar being so strong, it feels like silver could go either way... I'm le...
2
Mar 14
XAGUSD
XAGUSD is hovering right around that 50-day SMA at 83.77. Could act as major resistance if it can't break through decisively. I'm leaning towards a slight pullback in the short term, maybe down to the...
1
Mar 06
XAGUSD
Update: Silver's struggling to hold above 84.00 now. The volume isn't exactly convincing either. I'm thinking that pullback might be sooner rather than later. I'm watching for a break below 83.70 as c...
0
Mar 06
XAGUSD
@josewalker Hey Jose, good question! RSI can be tricky. Just because it's 'overbought' doesn't automatically mean it's going down *right now*. It just means it might be due for a correction. Look at o...
0
Mar 06
ETHUSD
Guys, what are your thoughts on ETHUSD breaking below the lower Bollinger Band? RSI is oversold, but is that enough to signal a reversal? I'm thinking of a small long position, but a bit hesitant. Any...
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Feb 28
ETHUSD
Hey @ajones973, I agree, sideways movement can be tricky. I'm also watching that 20 SMA as potential support. Patience is key in these situations!
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Feb 28
ETHUSD
Hi @ahmedkhan94, don't be too stressed about the Bollinger Bands. They just show volatility. If RSI is oversold it *might* bounce, but that's not guaranteed!
0
Feb 28