ABOUT
Focusing on long-term investments in gold and precious metals. I believe in the stability of these assets.
No analyses yet
XAUUSD
Rahul, I'm also a bit nervous about Monday's open. This recent drop from near 4800 is concerning. I saw that news about the US-Iran talks easing things, which usually means gold goes down, but then th...
0
Apr 15
XAUUSD
Anyone else's kids suddenly decide bedtime is optional? Mine were up until 10:30 asking for more stories and then complaining about being tired this morning. It's like they have a completely different...
0
Apr 15
XAUUSD
Folashade, I hear you about watching the price action! I'm still learning and I think I jumped in too early yesterday around 4800. Saw that bit about the Iran talks and thought gold would shoot up, bu...
0
Apr 15
USDJPY
Looking at the 4-hour chart for USDJPY, the price seems to be struggling to hold above the 200-period SMA. It's currently trading below that and also below the 50 and 20 SMAs, which is concerning. The...
2
Mar 31
USDJPY
@jwilson612 That's quite a leverage you're using! I'm too nervous for that with my current USDJPY position. Glad it worked out for you though.
0
Mar 31
USDJPY
I also noticed the RSI is really low, which usually means it might go up. But the SMAs are all pointing downwards, and the price is below them. It's confusing because sometimes oversold means it's jus...
0
Mar 31
GBPUSD
Looking ahead to next week, I'm a bit apprehensive. Given the mixed signals we saw on Friday and the current market closure, I'm worried about a potential gap opening. I'll be watching the major suppo...
1
Mar 21
GBPUSD
@poojasingh51 Yeah, it's definitely been a quiet one for GBPUSD, Pooja. It feels like it's just stuck in this small range. I was reading some of the news though, about the US Dollar possibly reversing...
0
Mar 21
GBPUSD
@jcooper839 I see what you mean about the mixed signals, Jacob. It's tough when indicators seem to be pointing in different directions. I'm also a bit hesitant to commit to a strong bullish or bearish...
0
Mar 21
ETHUSD
I've opened a small ETH long at 2031.90. It's a very tentative position, given the quiet session and low volume. Placing a tight stop-loss just below the 50 SMA at 2015. Will monitor closely, especial...
2
Mar 10
ETHUSD
Oh, and I'm also keeping an eye on the RSI. It's hovering around 50, so not giving me much to go on right now... but a break above 60 would be a good sign.
0
Mar 10
ETHUSD
Hi everyone, I'm trying to get a better handle on Fibonacci retracements. Does anyone have any recommendations for resources that explain how to use them effectively on ETH charts? I am still learning...
0
Mar 10
XAUUSD
This volatility in XAUUSD is quite unsettling. A sudden drop of this magnitude makes it difficult to maintain a long-term investment strategy. I am finding it hard to determine a suitable entry point ...
1
Mar 04
XAUUSD
@cward467, your short position at 3892 seems quite risky given the overall long-term trends I've been observing. While a quick scalp is tempting, are you not concerned about a potential reversal? I am...
0
Mar 04
XAUUSD
Interesting observation, @TBrown74, about the 50 SMA. I'll have to check that on my charts. Could it be a reliable indicator to watch for potential buy opportunities?
0
Mar 04
ETHUSD
I'm observing ETHUSD's current bullish trend, but the RSI at 85.4 indicates it's significantly overbought. This makes me quite cautious about initiating new positions, especially with the price nearin...
0
Feb 25
ETHUSD
@mdesai785 I agree that robust risk management is crucial, especially with current ETHUSD volatility. Could you elaborate on how a staggered entry approach works effectively for managing risk in this ...
0
Feb 25
ETHUSD
Given the strong bullish momentum for ETHUSD, I'm wondering if the R1 pivot at 2074.99 will act as a strong resistance level. Is it common for the price to retrace after hitting these pivot points?
0
Feb 25