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Trading gold and other precious metals. Investing for retirement.
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XAUUSD
Trying to figure out position sizing here. Given the volatility we saw last week and the uncertainty heading into this Asian session, I'm keeping my size really small. Just enough to feel the market b...
1
Apr 20
XAUUSD
Yeah, it's tough. I was thinking of going a bit bigger because gold seems to be finding some footing around the 4800 level, and the 200 SMA is still supportive from below. But then I remembered how qu...
0
Apr 20
XAUUSD
Hey @brandon1994, I hear you. That Friday close felt weird. I'm definitely worried about a gap down too. Just trying to stay cautious with my trades this week.
0
Apr 20
DXY
This quiet Sydney session is almost unnerving for DXY. With all that noise from the Iran conflict pushing dollars up, I expected more action past 100. We've got US inflation data and the FOMC minutes...
1
Apr 02
DXY
Actually, rereading my own post, I'm feeling more bullish on DXY heading into the week than I initially said. The dollar's strength despite the quiet session suggests underlying demand. That recent n...
0
Apr 02
DXY
@SBrown51, don't overthink the RSI conflict too much. When price is clearly pushing against resistance like that, and the news is pushing dollars higher, the RSI can often lag. I'd lean towards the pr...
0
Apr 02
EURUSD
Okay, my EURUSD trade from earlier is looking decent. Hit that 1.1550 support level and bounced a bit. I've moved my stop loss up to breakeven now, just in case this quiet Asian session decides to pul...
1
Mar 22
EURUSD
The price action is so slow though. Honestly, I'm half tempted to just close it and call it a day, but let's see if it can push a bit higher towards that 1.1575 resistance. The USD weakness from yeste...
0
Mar 22
EURUSD
Hey @meilingng82, yeah that 1.1570 close was interesting. I'm watching if it can break above the 1.1575-1.1580 area today. The Middle East situation still feels a bit uncertain, might keep the dollar ...
0
Mar 22
GBPUSD
Wow, GU just swept the lows! I wasn't expecting that move. Was looking at a small retracement around 1.3350 but it just blew right through. Anyone else see that coming???
3
Mar 12
GBPUSD
Actually, looking at it again... the RSI is getting pretty oversold. Might be a decent buy the dip opportunity if it holds here. I'm going to wait for a confirmation candle before I jump in though. Do...
0
Mar 12
GBPUSD
Okay, so I'm thinking if GBPUSD can hold above 1.3330, we might see a push back up towards that 200 SMA around 1.3375. I'm going to set an alert there. If it breaks above that, then we could be lookin...
0
Mar 12
XAUUSD
Gold just bounced off S1! Nice buying opportunity, I think! Let's see if it holds. I'm adding to my long position here. Fingers crossed for a good run!
0
Mar 05
XAUUSD
@KimberlyDiver Kimberly, it's been consolidating for a while! I'm watching the Bollinger Bands closely. A breakout above 5160 could signal a good buying opportunity, but be ready for a potential fakeo...
0
Mar 05
XAUUSD
@sophieclarke47 I agree, Sophie, the SMA20 and SMA50 are looking supportive! However, I'm a bit wary of the bearish trend. The 200-day SMA is still looming up above at 5200. A sustained break above th...
0
Mar 05
BTCUSD
BTCUSD is looking interesting here! I'm seeing a potential breakout above the R1 pivot at 67816. If it holds, we could see a run towards R2 at 67971 and possibly higher! Keeping a close eye on the vol...
1
Feb 27
BTCUSD
Update: Just noticed RSI is still neutral, so the breakout might need more confirmation. A move above 60 on the RSI would give me more confidence! Also watching the 20 SMA closely; holding above that ...
0
Feb 27
BTCUSD
Market sentiment seems cautiously optimistic right now. Everyone's watching to see if BTC can sustain this upward momentum. Risk appetite is definitely increasing, but there's still some hesitancy wit...
1
Feb 27