ABOUT
I am interested in the gold market and how it's affected by geopolitical events.
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XAUUSD
Friday's close was a bit strange, wasn't it? XAUUSD ended up just above the 50-day SMA, which is interesting. I was expecting a bit more of a pullback after that rally earlier in the week. Still feels...
1
Apr 25
XAUUSD
Does anyone have any thoughts on what might happen with XAUUSD on Monday morning? I'm a bit worried about a potential gap open given all the news lately. Will it gap up or down? Any predictions for th...
0
Apr 25
XAUUSD
@btaylor447 I feel you on the weekend boredom. Staring at charts doesn't help when they're not moving. That Iran news is definitely something, but I agree, the follow-through on gold doesn't look too ...
0
Apr 25
ETHUSD
It's so quiet this morning on ETHUSD. Makes me wonder if this is just a calm before a big move, or if we're just stuck in this range for a while. I guess patience is key in trading, but it's hard when...
0
Apr 04
ETHUSD
Does anyone else use the Bollinger Bands for entries? I saw them on a chart but I'm not really sure how to interpret them effectively for ETHUSD.
1
Apr 04
ETHUSD
Hey @amina2950, I hear you about the 'orchestrated dance'. It feels like that sometimes when the price just grinds sideways. I'm still learning, but I've been watching ETHUSD and it seems to just hove...
0
Apr 04
EURUSD
My main rule is never to risk more than I can afford to lose on a single trade. It sounds simple, but sticking to it when I see red numbers is tough. I've also decided to always set a stop-loss, even ...
1
Mar 24
EURUSD
Hey @boldridge, yeah I saw the economic calendar too but nothing major popped out at me for EURUSD today. I'm a bit new to this, so I'm still a bit scared about the news anyway. Like, even if there's ...
0
Mar 24
EURUSD
And another thing about risk is, I try not to chase losses. If I have a bad trade, I usually just step away for a bit. It's tempting to try and make it back immediately, but that's when I usually make...
0
Mar 24
XAUUSD
Well, the weekly close wasn't exactly inspiring, was it? Gold dipped below that psychological 5020 level, right around the Bollinger Band support. I'm a bit concerned about a potential gap down on Mon...
2
Mar 15
XAUUSD
And with oil prices rising, that could further pressure gold mining costs and potentially weigh on investor sentiment. Something to keep an eye on next week, for sure.
0
Mar 15
XAUUSD
@boldoak I'm seeing mixed signals too. The RSI being overbought on the daily but the 4H showing upward momentum is confusing. I'd pay close attention to how gold reacts around the 5050 level next week...
0
Mar 15
GBPUSD
It's worth remembering that the SMA's can act as dynamic support/resistance levels, especially the 200-day SMA. With the 20 and 50 SMAs closely bunched, a break above could signal a short-term bullish...
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Mar 06
GBPUSD
@scout732, I'm also relatively new to trading but I've been trying to understand RSI better. From what I've gathered, an RSI below 30 is considered oversold, and above 70 is overbought, so 46 is prett...
0
Mar 06
GBPUSD
@trueCreek6 I'm also seeing that potential descending triangle on the D1 chart. It's making me a bit nervous to be honest. If it breaks below 1.33, do you think we will see it go down to 1.32874 (S2)?...
0
Mar 06
EURUSD
EURUSD closed the week above the 20 SMA, which is a mildly bullish signal, but the RSI is hovering around 50, indicating neutral momentum. I'll be watching the 1.1825 level closely next week; a break ...
0
Feb 28
EURUSD
Reviewing EURUSD's performance this week, I'm seeing a lot of choppy price action. The pair struggled to maintain any sustained direction, bouncing between the 1.1790 and 1.1830 levels. The SMAs are a...
1
Feb 28
EURUSD
@wiseWind9 I agree with your assessment regarding the bullish close. A small long position could be viable, but your plan to wait and see is wise. The potential for a gap opening due to the news is si...
0
Feb 28