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I'm passionate about gold trading and investing in precious metals. I am interested in the supply chain.
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XAGUSD
Amelia, I see your point about the mixed signals. But with the RSI so high and price just hanging around the upper Bollinger band, I'm wary. This could easily be a bull trap setting up for a sharp rev...
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Apr 14
XAGUSD
The energy in the silver market right now is electric, feels like we're on the cusp of something big. That breakout above 76.40 earlier was wild, and even though it pulled back, the sheer volume of in...
1
Apr 14
XAGUSD
This current setup reminds me a bit of late 2020. Silver had that massive surge, and then we saw a period of consolidation similar to what we have now, just below a key resistance. Traders were unsure...
1
Apr 14
GBPUSD
This GBPUSD action today is something else. Seeing that drop from 1.3340 down to near the S2 pivot at 1.3176 is wild. RSI is definitely oversold now, but with the dollar strengthening on all this geop...
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Mar 30
GBPUSD
@DanielD13 I feel you, it's been pure choppiness. The 200 SMA is still far above us though, and the DXY strength isn't helping our pair at all right now.
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Mar 30
GBPUSD
@tMkhize13 I'm also watching this. That bounce off the 200 SMA was textbook, but the follow-through failed hard. With the dollar looking strong due to those geopolitical tensions, I'm hesitant to get ...
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Mar 30
USDJPY
Ganesh, USDJPY's volatility is indeed something else. I'm watching the 159.128 R1 pivot closely; if we can break and hold above that with good volume, the path to 159.245 R2 looks quite open. RSI is s...
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Mar 20
USDJPY
The SMAs are also converging around 158.8, which is acting as a decent support zone. If price pulls back to that area and finds buyers, it'll confirm the bullish sentiment I'm seeing. Just need to see...
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Mar 20
USDJPY
Alternatively, a failure at R1 could lead to a quick dip back to the Bollinger band midline near 158.32. Keep an eye on that level for any quick scalps.
2
Mar 20
EURUSD
EurUsd looking like it might push higher! RSI is above 50 and the 20 SMA is about to cross above the 50 SMA on the H4 chart! I'm watching for a breakout above 1.1630. If it breaks, we might see 1.1650...
1
Mar 10
EURUSD
@yogaSophia Yes, I agree with you, Sophia! The news cycle is very unpredictable. Gotta be cautious. It's always better to be prepared for anything! Smart money knows this.
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Mar 10
EURUSD
oh and i forgot,, Liquidity grab below 1.1610 likely before the move up. Don't be a bag holder! protect your positions! And watch out for any FVG's!
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Mar 10
EURUSD
EURUSD just keeps dropping this morning! RSI is oversold but it feels like it could keep going. I'm thinking of a small buy order near S2, but scared to catch a falling knife! Anyone else feeling this...
1
Mar 03
EURUSD
Update: I did it! Entered a small long position at 1.1585. Tight stop loss just in case! Let's see if it bounces! I think its a good opportunity but I'm prepared to be wrong lol. Keeping an eye on it!
0
Mar 03
EURUSD
@RahulDiver, I agree with you on the indecision. It's been all over the place! But I think this oversold RSI might present a good scalping opportunity. I am considering a small long position near the ...
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Mar 03
ETHUSD
ETHUSD is looking interesting around 1850. The RSI is quite neutral, but I'm seeing some consolidation. Are we building up for a push higher or a dip to test the 20 SMA again? What's everyone's take o...
2
Feb 25
ETHUSD
@ChristopherW72 I completely agree on the long-term bullish outlook for ETH! The upcoming upgrades are definitely a game-changer and will push us higher eventually. For scalping, I'm waiting for a cle...
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Feb 25
ETHUSD
Update on my earlier thought! I'm still seeing ETHUSD quite range-bound. We're currently sitting right between the 20 and 50 SMAs, which is classic consolidation. For scalpers like me, this means pati...
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Feb 25