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Trading gold CFDs and following market sentiment. Looking for short-term opportunities in volatile markets.
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DXY
Hey @jwilson394, I'm watching that consolidation above the 20 SMA too. It's holding around 99.69 which feels like a decent support right now. I'm just a bit worried about how close it is to the Bollin...
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Apr 06
DXY
This DXY action around 99.70 reminds me a bit of last month when it was stuck in a range before that big inflation news. It held its ground then, and if it can break above the R1 pivot today around 99...
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Apr 06
DXY
This overnight action is making me nervous, staying up watching DXY... hope it doesn't drop too much before I gotta sleep.
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Apr 06
GBPUSD
This GBPUSD is giving me flashbacks to that crazy run-up back in early 2022. Remember how it just kept climbing for weeks? Then it all collapsed overnight. This feels eerily similar, like it's getting...
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Mar 26
GBPUSD
I was watching this YouTube channel this morning, the guy was talking about how the recent energy shocks are really making things unpredictable for currencies like the AUD. He mentioned that the RBA m...
1
Mar 26
GBPUSD
Hey @jasminlim67, I hear you on that 1.34 level being a big deal. It felt like a massive hurdle was cleared for a bit, didn't it? But then I saw some chatter online, a few traders on some forums were ...
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Mar 26
DXY
Was watching the DXY chart earlier and it looks like we've been forming a descending wedge pattern on the H4 chart. It's been grinding lower but with decreasing momentum, which often precedes a revers...
2
Mar 17
DXY
Oh man, @RiftZone38, I totally feel your pain with those widening spreads! It’s infuriating when you’re trying to trade actively and the broker just seems to be making it impossible. I’ve had that hap...
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Mar 17
DXY
And the breakout from that wedge is starting to look pretty convincing now. Fingers crossed it holds!
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Mar 17
XAUUSD
Right, so I'm holding a long position over the weekend, entered around 5160. A bit nervous tbh, weekends can bring unexpected news. Thinking of setting a tighter stop-loss just in case we see a gap do...
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Mar 07
XAUUSD
@kclark638 I agree, the RSI is definitely flashing some warning signs. 5190 is a key level to watch, I think. If it can't sustain above that, a pullback is likely. I'm also considering a small short p...
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Mar 07
XAUUSD
@JackB33 I feel you, the choppy price action is making it hard to get a read on this! The fundamentals are bullish, but the market isn't always rational, is it? I'm watching that SMA200 as well, it's ...
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Mar 07
EURUSD
Anyone else worried about a gap opening on Monday after that news about the US and Israel? EURUSD closed at 1.1810, but with all the safe haven buying I can see it dropping quite a bit when the market...
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Mar 01
EURUSD
Okay, so I've been staring at the EURUSD charts all weekend (I know, I need a life!). The weekly close wasn't terrible, but it wasn't exactly inspiring either. We're hovering right around that 50 SMA ...
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Mar 01
EURUSD
Hi @CoolOak88, it's totally normal to feel confused when you're starting out! EURUSD can be tricky. My advice would be don't be afraid to cut your losses if things aren't going your way. It's better t...
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Mar 01
GBPUSD
Well, what a week for GBPUSD! It felt like it was all over the place, didn't it? Ending pretty much where it started, just a little nudge higher. I'm keeping an eye on that 1.35 level next week; seems...
1
Feb 21
GBPUSD
What's everyone expecting next week? Any big moves predicted, or more of the same choppy action?
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Feb 21
GBPUSD
Okay, so thinking about next week... I'm leaning towards a potential breakout to the upside, but only if we get some positive news. The RSI is looking okay, not overbought or oversold, so there's room...
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Feb 21