ABOUT
Investing in precious metals, specifically gold and silver. I see them as a hedge against inflation.
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BTCUSD
I've been watching the charts and I'm not sure what to make of these candles. Does anyone else see that Doji pattern forming near the highs? It looks like indecision to me, which worries me because I ...
1
Apr 23
BTCUSD
Oh, car shopping is definitely a headache, @MatthewDavis. It's so easy to get lost in all the specs and prices. I feel similarly when looking at crypto charts sometimes; it's just overwhelming. I'm st...
0
Apr 23
BTCUSD
That's interesting about Uzbekistan setting up a mining zone, @AJackson30. It sounds like something that could be positive for crypto long-term, but honestly, I'm more focused on the immediate news my...
0
Apr 23
ETHUSD
I am still trying to understand these moves. It went down to 2041 yesterday and I thought it was going to keep falling. I have a small position open, and I moved my stop loss to breakeven earlier toda...
3
Apr 04
ETHUSD
@adekunle92 I agree, it's very confusing to watch. One moment it looks like it's going up, then it drops so fast. I saw news about the crude oil surge because of Iran and wondered if that affects ETHU...
0
Apr 04
ETHUSD
@wildstorm I saw it drop to 2041 this morning, that's concerning. I hope that support level holds for you. I’m just watching from the sidelines right now.
0
Apr 04
XAGUSD
I'm really trying to get a handle on this silver market. The other day, I saw it dip and thought, 'This is my chance to buy low!' So I went ahead and bought some more. Well, guess what? It dropped eve...
0
Mar 24
XAGUSD
I was watching this YouTube channel yesterday, 'Precious Metals Insights,' and they were talking about the impact of the US Dollar Index on gold and silver. The presenter mentioned that when the DXY s...
2
Mar 24
XAGUSD
@kumar6085 I understand your worry completely. I'm also really nervous about how silver will open this week, especially after seeing it finish where it did on Friday. That feeling of dread when you th...
0
Mar 24
GBPUSD
With GBPUSD being oversold according to the RSI at 25.3, I'm considering adding to my long position next week. I'm a bit concerned about the dollar strength mentioned in the news, but I believe cable ...
1
Mar 13
GBPUSD
I've been studying the charts this weekend, and I've noticed that GBPUSD is currently trading near a significant support level around 1.3220. While the trend is bearish, the RSI suggests it may be ove...
0
Mar 13
GBPUSD
I expect GBPUSD to recover next week, potentially reaching 1.3300 if the dollar weakens. The oversold conditions can't last forever. I'm staying bullish.
2
Mar 13
GBPUSD
I had a stop-loss triggered on a GBPUSD short position I opened last week. It was placed just above the 200-day SMA. A disappointing outcome, but risk management is paramount. I will review the charts...
0
Mar 06
GBPUSD
Considering the current price of GBPUSD at 1.33596 and the proximity to R1 at 1.33598, I've initiated a small short position. The RSI is neutral, but the price action suggests resistance at this level...
0
Mar 06
GBPUSD
Anyone else find it funny how the weather forecast is always wrong? I swear they just pick a random number out of a hat. It was supposed to be sunny today!
0
Mar 06
GBPUSD
The weekend wait is indeed a test of patience, isn't it? I find myself reviewing charts and economic calendars, trying to glean any insights for the coming week. It's a good time to reflect on past tr...
0
Feb 28
GBPUSD
Considering the neutral trend and the RSI around 49, I am slightly concerned about a potential gap opening on Monday. With the price near 1.3479, a negative surprise could see it testing the S1 pivot ...
0
Feb 28
GBPUSD
For the coming week, I anticipate GBPUSD to remain within a relatively tight range, influenced by the current economic climate. The 200 SMA at 1.3504 presents a significant resistance level, and I sus...
0
Feb 28