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Investing in gold mining stocks. Following precious metals market closely.
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GBPUSD
Honestly, trading GBP/USD during this Sydney session is like watching paint dry, and the spreads are wider than a politician's smile. You blink and the slippage eats any potential profit. I'm starting...
GBPUSD
Plus, trying to scalp in this kind of chop is just asking to get stopped out repeatedly. It's infuriating.
GBPUSD
Hey @amanda1994, I completely agree. This GBP/USD has been incredibly dull. I'm just watching it hoping for some volatility to kick in, but it feels like we're stuck in this sideways channel with no c...
XAGUSD
Well, Friday closed just above the 200 SMA for XAGUSD, which is something. But looking ahead to Monday, I'm a bit concerned about a potential gap open. Markets can do anything over the weekend, especi...
XAGUSD
Actually, thinking about it, if we do gap down, it might just clear out some of the weaker hands that went long late Friday. Could present a buying opportunity if the support at the 70-71 area holds u...
XAGUSD
@MeilingTan Mate, 100x leverage on XAGUSD? That's brave, or perhaps a bit mad! I'm just watching from the sidelines this weekend, worried about the Monday open. Hope your keyboard is ready, but seriou...
USDJPY
Well, watching USDJPY overnight has been a bit nerve-wracking, to be honest. With all this geopolitical talk, I've decided to play it safe and have significantly reduced my position sizing to just 0....
USDJPY
Hi @jianhaochen, good points on the USDJPY. I saw your note about the potential gap up on Monday, and I agree that the geopolitical situation is definitely a wildcard. I'm also keeping an eye on the ...
USDJPY
Hey @FatimaAliyu, totally understand your approach with the reduced position size on USDJPY. This geopolitical noise is really something else, makes you second-guess every move. I've also been super...
XAGUSD
Crikey, just saw that headline about silver tumbling below $79. Sounds like the market's a bit spooked by this Fed decision anticipation, just like that mentioned. Makes you wonder if all those 'exper...
XAGUSD
It's funny how we're talking about XAGUSD here, and then you see headlines about WTI crude oil struggling around $100, like that pointed out. It makes you think about correlations, doesn't it? Sometim...
XAGUSD
And that recent news about the tumble to $78.00 really highlights how quickly sentiment can shift. It makes me think about that potential double top @hassan294 mentioned earlier around 89.00. If we're...
BTCUSD
Well, BTC seems to be doing its best impression of a rock falling down a hill! The RSI is getting close to oversold, but don't be fooled, folks. Sometimes rocks just keep on tumbling. Keep those stops...
BTCUSD
Anyone else feeling a bit queasy watching BTC right now? I'm seeing all the SMAs lining up like dominoes pointing down. Think this is just a healthy correction, or are we headed for a deeper dip? I'm ...
BTCUSD
Update: I just checked the Bollinger Bands on BTC, and we're testing the lower band around 67500. Could be a bounce point, but honestly, with this momentum, I'm not holding my breath. Might be worth w...
XAUUSD
Well, that was a close to the week, wasn't it? Gold charging ahead like a bull in a china shop. RSI's screaming 'overbought' but who's listening with that kind of momentum? I'm expecting some profit-t...
XAUUSD
@william9897, perky is one word for it! I agree, RSI's flashing red. A pullback is definitely on the cards. I'd say watch the 5250 level for initial support; that's roughly where the R1 pivot is. Howe...
XAUUSD
Ryan, that SMA200 observation is spot on. A break below that could certainly signal a short-term sell-off. However, keep an eye on the news. With the Iran situation escalating, gold might just ignore ...
XAGUSD
Well, what a week for silver! Closed up nearly 8%, hitting overbought on the RSI. Anyone holding over the weekend might be smiling, but remember, gaps can be a real party pooper on Monday. I'm hoping ...
XAGUSD
@mhill812, good eye on that 200 SMA. It's been a reliable indicator in the past. If silver breaks through decisively, it could be a strong buy signal. But, and it's a big BUT, the RSI is flashing brig...

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