ABOUT
I focus on long-term investing in the Indian stock market. I look for companies with strong management and growth potential.
No analyses yet
XAUUSD
This past week was a bit choppy for gold, closed around 4749. I’m not looking to add anything over the weekend, just letting my existing position breathe. Hopefully, no massive gaps open on Monday to ...
6
Apr 12
XAUUSD
Actually, thinking more about that 200-day SMA Ravi mentioned. On XAUUSD, I find it's less about a hard support/resistance level and more of a general trend indicator for the longer term. When price i...
0
Apr 12
XAUUSD
Curious to see if we get a gap up or down on Monday after this quiet weekend. Let's hope for clear direction early on.
0
Apr 12
XAGUSD
The weekly close for XAGUSD wasn't too bad, held above the 200 SMA which is always a good sign. Friday saw some volatility with the dollar strengthening, which put pressure on silver, but it managed t...
2
Mar 28
XAGUSD
Hey @JackWilson33, I get the weekend dread too. Friday's action was a bit dicey, but honestly, I'm more focused on the charts than the jitters. Let's see what Monday brings.
0
Mar 28
XAGUSD
Hi @ArchieG36, you're right about the 50-day SMA acting as a support. I saw that consolidation pattern too. However, the strength in the dollar, especially with that Iran headline pushing it higher, m...
0
Mar 28
XAGUSD
Been watching a few webinars on macro impacts lately, and the consensus is that the current geopolitical tension, especially with the Gulf war escalation, is really muddying the waters for metals. The...
1
Mar 19
XAGUSD
@george6507 Yeah, that was a wild little spike! Definitely kept me on my toes. These sudden moves are why I always keep an eye on the chart even late in the NY session. Crazy stuff.
0
Mar 19
XAGUSD
@rajesh1111 Interesting setup you've got there on XAGUSD. I'm seeing the same RSI readings on the H4, definitely looks oversold. However, with the news about the Fed's hawkishness and the geopolitical...
0
Mar 19
BTCUSD
Okay, so BTC is pushing higher, RSI is still looking good, but Dow futures plunging is giving me pause. Plus China CPI... feels like a mixed bag. I'm long from lower but honestly a bit confused about ...
1
Mar 09
BTCUSD
@george5845, I think you're right about the macro backdrop being different this time. The US job market definitely throws a wrench in things. I'm still leaning bullish on BTC long term, but the short-...
0
Mar 09
BTCUSD
Moved my stop to breakeven. Can't be too careful with all this news. Hopefully, I can sleep now lol.
2
Mar 09
XAGUSD
Oh my, silver is dropping fast! Is this just a correction or something more? I was expecting it to hold around 92 but it's already below 91. Hope it finds support soon, I'm holding a small position. 😬
1
Mar 03
XAGUSD
Update: it's bouncing a bit now, around 91.4. Maybe it was just a quick dip? Still watching closely... The 50 SMA is just below at 91.54, hoping that acts as support. RSI is still neutral, so could go...
0
Mar 03
XAGUSD
Hi @isabella6184, I agree, that run-up was quite something! I'm also expecting some consolidation next week. Silver doesn't usually sustain such rapid gains for long. A pullback to the 88-89 level wou...
0
Mar 03
BTCUSD
This BTCUSD pullback is quite significant, seeing it drop below 64k. The RSI is flashing oversold, which usually suggests a bounce is around the corner. But we still need to see some strong support fo...
1
Feb 24
BTCUSD
Any thoughts on BTC holding around the 63k mark? Or do we test lower support levels, maybe near 62.5k?
0
Feb 24
BTCUSD
@JunaidN11 good observation on the BTC bearish divergence. Always wise to wait for solid confirmation before taking a short position though, especially with market volatility.
0
Feb 24