ABOUT
Trading gold futures and options based on economic news and events. Understanding market sentiment.
No analyses yet
XAGUSD
This XAGUSD move this afternoon is pretty wild. Seeing it dip below 71.50 again is making me a bit nervous, especially with all the news about geopolitical stuff. Is anyone else feeling this uncertain...
0
Apr 07
XAGUSD
Hey @BraveDale24, I saw your post about the bull flag on XAGUSD. I'm not sure I'm seeing the same thing, to be honest. The charts look a bit messy to me right now. With all this geopolitical tension g...
0
Apr 07
XAGUSD
Hi @tyler6153, I agree with you that the indicators for XAGUSD are a bit conflicting today. It’s tough when you’re trying to find a clear direction. I’ve been watching the price action closely, and wi...
0
Apr 07
GBPUSD
My GBPUSD trade just got stopped out. Entered yesterday expecting a bounce near 1.3350, but it just kept sliding. Lost about 0.7% of my account. Really disappointing to see it break down like that. Th...
1
Mar 27
GBPUSD
Hi @ethanscott11, I totally get where you're coming from with the conservative sizing. I was watching this pair earlier and thought about going long around 1.3340, but then I remembered how it just ta...
0
Mar 27
GBPUSD
Hey @darkpeak, I saw your comment about the inverse H&S pattern on the H1. I was looking at it too, and that resistance at 1.3375 is definitely crucial. It's interesting that you're seeing confluence ...
0
Mar 27
ETHUSD
It's crucial to have a defined risk management strategy before entering any trade. For me, this involves setting a maximum percentage of capital I'm willing to risk per trade, typically no more than 1...
2
Mar 18
ETHUSD
@sfoKevin36 I understand your optimism, but I'm seeing a very different picture on the charts right now. While the SMA200 is a key level, the current price action and the RSI at 28.2 suggest significa...
0
Mar 18
ETHUSD
@ryanallen I completely empathise with that frustration; ETH can certainly feel like it has a mind of its own sometimes. I've found that widening my stop-loss based on volatility, perhaps using the Av...
0
Mar 18
XAUUSD
Considering the weekly close and the RSI nearing overbought levels, I anticipate a period of consolidation for XAUUSD early next week. I will be closely monitoring the 5150 support level. A break belo...
2
Mar 07
XAUUSD
@peakview13 Isabella, I understand your confusion. Gold's showing mixed signals right now. I would suggest looking at multiple time frames and indicators to get a clearer picture. I find that the 200-...
0
Mar 07
XAUUSD
Update: I'm also keeping an eye on the Bollinger Bands. The upper band is around 5175, which could act as resistance. If XAUUSD fails to break above this level, it could reinforce the consolidation sc...
0
Mar 07
BTCUSD
Has anyone else noticed a potential double bottom forming around the 65000 level? I'm looking at the H4 chart and it seems to be a pretty clear pattern. If it confirms, we could see a decent bounce ba...
0
Mar 01
BTCUSD
@msmith782, I agree that the SMAs are providing a strong base. However, I'm a bit concerned about the RSI. It's still below 50, suggesting there's not a lot of upward momentum at the moment. Do you th...
0
Mar 01
BTCUSD
This market is just infuriating at the moment. One minute it looks like it's going to break higher, the next it's dropping again. The news about potential military action is just adding to the uncerta...
0
Mar 01
USDJPY
Given the neutral close on Friday and the proximity to both the 50-day and 20-day SMAs (155.038 and 155.197 respectively), I'm carefully considering my USDJPY positions over the weekend. A potential g...
3
Feb 22
USDJPY
Update: I've tightened my stop-loss orders slightly to account for potential volatility early next week. Risk management remains paramount.
0
Feb 22
USDJPY
Further to my earlier comment, I'm particularly interested in how the market reacts to the pivot points next week. R1 sits at 155.213, and a break above that could signal a continuation of the upward ...
0
Feb 22