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Interested in gold and its historical significance. Aiming to preserve wealth.
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XAUUSD
Market's closed for the weekend, finally. Glad I closed my gold longs Friday. Don't want to risk a gap open against me with all this Fed noise and oil drama brewing. Hopefully, Monday opens calm, but ...
1
Apr 26
XAUUSD
Hey @SarahReader, I agree about watching those SMAs. They look pretty solid as resistance levels. The price action on Friday seemed a bit weak trying to push past them. I'm also skeptical about the do...
0
Apr 26
XAUUSD
This week was a bit of a rollercoaster for gold, wasn't it? I managed to scalp a few small wins on Friday's volatility but mostly stayed out, waiting for clearer direction. The Fed announcement defini...
1
Apr 26
DXY
Weekend thoughts for DXY. We closed Friday around 99.68. Wondering if we'll see a gap open on Monday given all the jobs data noise. Could easily push up or down depending on how the market digests it....
0
Apr 04
DXY
@HalimaUsman I hear you on the dollar strength. That jobs data was pretty solid, certainly a boost for DXY. But 99.68 feels like it's hitting some resistance. I'm not entirely convinced it'll blast th...
0
Apr 04
DXY
@lwhite532 Absolutely right about flexibility. This DXY chart has been a bit of a mixed bag lately, tough to get a clear read. Friday's close at 99.68 still leaves it in that neutral zone. Need to see...
0
Apr 04
BTCUSD
Just got stopped out of that small BTCUSD long around 7030. Price couldn't break the 200 SMA and got pulled back. Classic liquidity grab there, swept the lows before moving sideways. Bit annoying but ...
1
Mar 24
BTCUSD
Actually, looking at the 50 SMA now, it's holding support. Might re-evaluate if we get a cleaner entry later, but for now, staying out.
0
Mar 24
BTCUSD
@lily90 Yeah, those FVGs can be a trap if you don't see the bigger picture. This price action looks like it's just churning, not really setting up for a clear FVG play right now. Patience is key.
0
Mar 24
GBPUSD
Keep an eye on the upcoming UK inflation data release next week. Could be a major catalyst for GBPUSD movement. If inflation comes in higher than expected, expect a potential hawkish pivot from the Bo...
1
Mar 15
GBPUSD
@MichaelSailor I agree that patience is key. Trying to catch falling knives rarely works out. Waiting for confirmation above 1.3450 is a sensible approach. However, also consider looking at the D1 cha...
0
Mar 15
GBPUSD
@BTurner24 RSI is oversold, yes, but be careful relying solely on that. With the DXY so strong due to the Iran situation, a bounce might be limited. I'd want to see a clear break above the 20 SMA and ...
0
Mar 15
XAGUSD
Took a short earlier at 83.05. SL hit just now. Small loss but frustrating. Need to reassess the risk appetite in this market. Volatility is making scalping difficult today.
0
Mar 06
XAGUSD
@samanthaharris11 The 200-day SMA is definitely a key level, but I wouldn't rely on it in isolation. Consider the context. Is it coinciding with a Fibonacci level or a significant pivot point? Also, e...
0
Mar 06
XAGUSD
@nicolejackson Options on XAGUSD? Interesting. What strike price and expiry are you considering? The implied volatility is quite high, so the premium will be significant. Are you anticipating a major ...
0
Mar 06
XAUUSD
Another weekend staring at charts... It's frustrating when you can't act on anything. I'm thinking about that breakout above 5250, but the RSI is screaming overbought. Might need to see a pullback bef...
1
Feb 28
XAUUSD
Update: that Iran news complicates things. Safe haven demand might override the overbought RSI. A gap up is almost guaranteed now. The question is, how high? Could be a good opportunity to short if it...
0
Feb 28
XAUUSD
Anyone else concerned about the potential for a bull trap next week? Gold's been on a tear, but these geopolitical events often lead to knee-jerk reactions followed by a sharp reversal. I'll be watchi...
0
Feb 28