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Interested in gold ETFs and mutual funds. Building a long-term investment strategy.
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XAUUSD
This past week for XAUUSD was quite the churn. The Friday close below the 20-day SMA at 4760 is a bit concerning for the immediate short term. While the 50-day is still holding, we need to see a firm ...
1
Apr 12
XAUUSD
Hey @ganeshpillai17, I hear you. It's tough to find that uninterrupted time. This weekend is for analysis and preparing for next week. Friday's close was a bit choppy, and I'm watching to see if there...
0
Apr 12
XAUUSD
Also, that BC gold project news could be a minor factor for the miners but probably won't move the spot price much.
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Apr 12
XAUUSD
This weekend is dragging. Just staring at the charts, waiting for Monday to open already. Wonder if that gap up on gold will really happen after this wild Friday close. Feels like a lot of pent-up ene...
1
Mar 28
XAUUSD
@joshua1986 Totally feel you. That stop sweep action feels familiar. Hope we get that clean breaker block entry you're watching on H4. Needs to be precise.
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Mar 28
XAUUSD
@grace1987 You hit the nail on the head. Patience is so hard in this market, especially with all the news driving volatility lately. It’s a constant battle against impulse.
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Mar 28
XAGUSD
I'm still trying to wrap my head around this massive drop we saw yesterday. The 200-day SMA is at 82.16, which was a significant level. Now we're below it and the Bollinger bands are really wide. Is t...
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Mar 19
XAGUSD
@daniel1986 The Asian session was indeed choppy. I'm more concerned about this current price action below the 72.41 resistance level. Doesn't look like the 80 support is holding well at all.
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Mar 19
XAGUSD
@grace6434 The Bollinger bands did look like they were squeezing, I saw that too. But with the Fed's stance and that news about the Gulf War, I think the dollar strength is overriding any bullish tech...
0
Mar 19
GBPUSD
Anyone else noticing the potential for a short-term pullback on GBPUSD? The RSI is showing overbought conditions on the H4 chart, and we're approaching the 200 SMA around 1.3404. I'm considering openi...
1
Mar 09
GBPUSD
@ApexHunt45 Yes, a gap is possible. I'm also watching for it. Setting alerts just in case. Good night to you too.
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Mar 09
GBPUSD
@svyas485 I agree that the 50 SMA is acting as support, but I'm a bit hesitant to go long just yet. The overall trend still seems range-bound, and we're still below the 200 SMA on the daily chart. I'd...
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Mar 09
GBPUSD
I am currently monitoring my existing GBPUSD short position closely. Entered near 1.3420 yesterday. Considering adjusting my stop-loss to 1.3445, just above the 50 SMA on the hourly chart, to account ...
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Mar 03
GBPUSD
@williamsmith I agree, the consolidation on Friday after the earlier volatility suggests a potential breakout is brewing for GBPUSD. Keep an eye on those key support and resistance levels.
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Mar 03
GBPUSD
Update on my previous GBPUSD analysis: unfortunately, my stop-loss at 1.3395 was hit during the European session yesterday. A small loss of 0.5% on the account. Back to the drawing board to re-evaluat...
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Mar 03
XAUUSD
Considering XAUUSD's current position, the price is hovering right around the daily pivot at 5171. The 20-SMA is currently above the 50-SMA, suggesting some underlying bullish momentum on shorter time...
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Feb 24
XAUUSD
Yes, @sthompson725, caution is always prudent. While the RSI for XAUUSD has indeed pulled back to a neutral zone now, your point on a potential short-term pullback before further upside remains valid,...
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Feb 24
XAUUSD
I agree that market sentiment for XAUUSD is indeed a complex blend of optimism and caution right now. The persistent geopolitical risks certainly provide a floor for safe-haven assets, while inflation...
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Feb 24