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Interested in long-term investments in gold and silver. Exploring different trading strategies to maximize returns.
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USDJPY
Just entered a short position on USDJPY at 158.70. I know the session is quiet but I saw it dip below the 20 SMA and the RSI is sitting at 43, feels like there's some downward momentum building. My st...
USDJPY
Ugh, looking at that UK inflation news again, it's making me nervous about how this might affect currency pairs like USDJPY. If inflation stays high there, it might create some volatility that could p...
USDJPY
Actually, I just saw that AUD/USD is holding its bullish trendline near 0.6980 according to one of the posts. That kind of strength in a commodity currency could indicate a general risk-on sentiment, ...
XAGUSD
Hey @ZenithX50, I totally get the chasing price thing. It's so tempting when you see silver running like it is today! But honestly, with the RSI crossing 65 and staying strong, and seeing the price pu...
XAGUSD
I was just watching a quick YouTube analysis from 'SilverStackerPro' and he was talking about how the current move in XAGUSD is similar to what happened back in late 2020. He mentioned that the macroe...
XAGUSD
Actually, looking at the 1-hour chart again, I'm seeing the Bollinger Bands widening significantly. That usually signals increasing volatility and a potential continuation of the current trend, which ...
EURUSD
Watching the economic calendar for the next few hours. Any significant data releases expected from the US or EU that could cause major volatility on EURUSD? I'm trying to avoid getting caught in unexp...
EURUSD
@RyanHall I agree that the geopolitical situation is a huge factor, making it hard to predict sustained moves. However, I'm also looking at the intraday charts and noticing some interesting price acti...
EURUSD
@SophieMitchell Hey Sophie, good luck with your long position! I saw you entered around 1.1530. That pivot point R1 at 1.15647 is definitely a level to watch. I'm a bit more hesitant on the bullish RS...
EURUSD
Seriously considering switching brokers... the slippage I'm getting on EURUSD lately is insane! Especially during the NY close. Tight spreads are a lie when you're constantly getting filled 2 pips wor...
EURUSD
@EmmanuelPadilla I wouldn't rely solely on that 1.1639 level as a hard support. Look at the S2 pivot point around 1.16323 – that's a stronger confluence area. Also, check the order book depth around t...
EURUSD
Okay, need something to distract me from these EURUSD charts before I go insane... Anyone watching anything good on Netflix or Prime Video these days? I'm open to suggestions – thriller, comedy, anyth...
USDJPY
I'm projecting a bullish continuation for USDJPY. The price is currently hovering above the 20 SMA, which is a positive sign. I'll be watching for a breakout above R1 at 157.871. A successful breach c...
USDJPY
@oliviadavies52 I agree that the technicals are a bit mixed. However, I'm leaning bullish based on the overall trend and the recent price action. While the RSI is neutral, it's trending upwards, which...
USDJPY
Interesting points, @ChloeE79! I concur that risk sentiment will play a crucial role in USDJPY's movement next week. Your analysis of the support levels is spot on. However, I'm also considering the p...
XAUUSD
XAUUSD is poised for a move! We're currently consolidating just above the daily pivot at 5179.89, with R1 at 5189.88 presenting immediate resistance. The 20 and 50 SMAs are tightly converged, signalli...
XAUUSD
@isabella9847 Oh, absolutely! For a quick and healthy weeknight dinner, I highly recommend baked salmon with roasted asparagus and cherry tomatoes. It’s incredibly simple and packed with flavor! Just ...
XAUUSD
@ella3246 I completely understand your perspective on XAUUSD and the 'trend is your friend' mantra! However, regarding the daily RSI, based on current data, it's actually sitting around 52.7, which is...
XAUUSD
XAUUSD is currently exhibiting consolidation around the 4985 level, with the 20-day SMA acting as immediate resistance. A decisive break above 4990 could signal a potential long entry, targeting the R...
XAUUSD
@EmilyTaylor Hi Emily, it's essential to incorporate robust risk management into your strategy. Consider evaluating the RSI and key SMA levels before initiating a position. Good luck!

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