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Trading in gold futures and options. Hedging against inflation and economic uncertainty.
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ETHUSD
The Asian session is quiet for ETHUSD. Price is hovering around the 200 SMA. Watching for a breakout above the Bollinger band resistance at 2209.2. If it holds, we might see a move towards R1 at 2225.
2
Apr 09
ETHUSD
Spreads are widening like crazy in this quiet period on ETH. Slippage on limit orders is a joke. Broker needs to sort this out.
0
Apr 09
ETHUSD
This regulatory clarity news for BTC is interesting. Usually follows ETH, so a potential catalyst if it continues to push up.
0
Apr 09
XAUUSD
Interesting weekly close for XAUUSD. Held above the 50 SMA, but still below the 200. The geopolitical news definitely spurred buying action Friday, pushing us back towards the R1 pivot. Curious to see...
1
Mar 28
XAUUSD
The fact that the 50 SMA acted as support after that earlier dip is noteworthy. If that holds, we could see a retest of the R1 level.
0
Mar 28
XAUUSD
Hey @daniel110, totally agree on the geopolitical drivers. That spike on Friday after the Iran news was classic smart money playing on fear. They swept the lows before pushing it up. I'm watching if t...
0
Mar 28
GBPUSD
Watching GBPUSD. Reminds me of that late 2023 setup. We saw a similar RSI oversold condition on D1, but then the dollar strength from geopolitical news pushed it down further, ignoring the technicals ...
1
Mar 18
GBPUSD
@LaurenAllen10 Yeah, that Brexit period was wild. This GBPUSD move feels different though. Less panic, more of a steady grind down. The dollar strength from is definitely the main driver, not really a...
0
Mar 18
GBPUSD
@slee940 I agree the RSI is screaming oversold on GBPUSD daily, but the context from with the dollar showing resilience due to Middle East tensions is a major hurdle. That dollar strength could easily...
0
Mar 18
USDJPY
This week with USDJPY was a bit choppy, honestly. Missed a good short opportunity mid-week thinking it would bounce off the 50 SMA. Should've trusted my initial anlysis. Still, managed to catch some p...
1
Mar 08
USDJPY
Oh, and I'm keeping an eye on that 158 level next week. Seems like a key resistance. If it breaks, might see a bigger move up. Otherwise, expecting some consolidation before another potential dip. Nee...
0
Mar 08
USDJPY
@SilentWolf41 I agree, the weekends are killer when you're waiting for a setup. Hoping for a clean breakout above 158 next week. Good luck!
0
Mar 08
XAUUSD
XAUUSD showing strong bullish momentum. RSI nearing overbought territory on the H4 chart. Potential for a pullback around 5400 resistance. Watching for confirmation before considering short positions.
0
Mar 02
XAUUSD
@DawnBreak23 Your entry point at 5145 seems a bit premature given the current upward trend. I would wait for a clearer signal of reversal before entering short. The risk-reward might not be favorable ...
0
Mar 02
XAUUSD
@amitchowdhury24 Holding through the dip is always nerve-wracking! Glad it worked out for you. However, relying solely on patience isn't a sustainable strategy. Consider incorporating technical analys...
0
Mar 02
XAUUSD
XAUUSD showing strong bullish momentum. RSI above 60 on the daily chart confirms the trend. Watching for a potential breakout above the R2 pivot point at 5154.27. A sustained move above this level cou...
0
Feb 23
XAUUSD
@MatthewT1 Agree, the break above the SMAs is a good sign. However, I'd be cautious about entering a long position right now. The price is approaching a key resistance level, and a pullback is possibl...
0
Feb 23
XAUUSD
Mia, I think a pullback is likely given the proximity to R2. TP levels depend on your risk tolerance, but I'd consider around 5160 initially.
0
Feb 23