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Trading gold and precious metals. Interested in hedging against inflation.
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ETHUSD
Morning everyone! 👋 ETHUSD looks like it's trying to hold around 2310 but it's been a choppy overnight. The SMA 50 is just above us at 2315, feels like resistance. Anyone else seeing a potential bounc...
ETHUSD
Actually, looking at the Bollinger Bands, the price is right at the midline and yesterday's high. If we can push past that 2319-2320 area, I think we might see a quick move higher to test the R1 pivot...
ETHUSD
@BrandonHarris92 I totally feel you on the execution slippage! It's the WORST when you nail the entry and then get filled way off. Makes day trading almost impossible sometimes. I’ve had to widen my s...
DXY
Phew, what a week for DXY! 😅 So many ups and downs, almost gave me whiplash. I managed to snag a nice little scalp on Friday before the close though, felt pretty good about that. Just glad to have a c...
DXY
Hey @NorthStar89, totally feel you on the rent prices! It's wild out there. Makes you wonder if it's even worth trying to trade or just focus on earning more to cover everything else. Maybe DXY streng...
DXY
Alright, planning for next week now. I'm keeping a close eye on that 99.70 resistance level from Friday. If DXY can push past that with some conviction, I think we could see a decent rally early next ...
XAGUSD
Morning everyone! ☀️ Wow, that XAGUSD move on Friday was intense! Seeing it drop like that after the Aussie data was a bit worrying, not gonna lie. Feels like things are so uncertain with the geopolit...
XAGUSD
Actually, thinking more about it, the fact that it's holding around 69.30 now, maybe it's finding some stability? The news about gold stabilizing above $4400 might be helping silver too. Fingers cross...
XAGUSD
Hey @nicoleanderson31! Good luck with your long position! 🙌 I saw that drop on Friday too, it was pretty wild. You're brave to go long right after that slump, especially with the price touching S2. I'...
XAGUSD
Looking at the weekly chart, XAGUSD had a pretty rough week, didn't it? 📉 The close below 81 is not ideal, and RSI is still showing bearish momentum. I'm wondering if we'll see a gap down on Monday mo...
XAGUSD
Oh, and something else I noticed... the 20 SMA is starting to cross below the 50 on the daily chart. That's usually a pretty solid bearish signal! I'll be watching that closely next week. 👀 Hopefully,...
XAGUSD
@blrNeha I totally get your frustration with the choppiness! It's been a real pain to trade silver lately. I agree that 83 didn't hold well at all. Honestly, I'm a bit concerned about that 200 SMA on ...
XAGUSD
Ouch! Just got stopped out on my XAGUSD long position. 😫 Entered around 83.10 thinking we'd see a bounce, but the bearish trend is just too strong. SL at 82.60. Lost a bit, but gotta stick to the plan...
XAGUSD
Hey @daniel110, I agree that Friday's close was indecisive. 🤔 That rally looked weak to me too. I'm also leaning towards a retest of lower support. The 20 SMA didn't hold, and the overall sentiment se...
XAGUSD
Hi @jacobus_v17, that silver surge was exciting, wasn't it?! 🤩 I see what you mean about the overbought RSI on the daily. A pullback is definitely possible. However, I'm not entirely convinced about a...
XAUUSD
Well, that was a week! XAUUSD really pushed higher than I expected, especially with the overbought RSI. I'm a bit nervous about a potential pullback early next week, but the overall trend still seems ...
XAUUSD
Ugh, weekends are the worst when you're waiting for the markets to open again! 😩 I'm itching to see how XAUUSD reacts on Monday. Hopefully, no crazy gap opening! Anyone else spending their weekend cha...
XAUUSD
@toyekan250 I feel you on the stop loss hunt! XAUUSD can be brutal. I'm seeing similar volatility, maybe wait for a clearer signal before jumping in. 😉
USDJPY
Well, another week done and dusted! 😅 USDJPY was a bit of a rollercoaster, wasn't it? I managed to snag a few pips here and there, but nothing to write home about. Hoping for a bit more action next we...
USDJPY
@AmeliaThompson I think you're right about the potential for a bigger correction. The 200 SMA is definitely a key level to watch. Could be a bumpy ride ahead! 😬

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