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Interested in gold as a hedge against inflation and economic uncertainty.
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GBPUSD
This Sydney session is dead quiet. Feels like everyone's waiting for London to kick off. Watching the 20 SMA hover just above price, might act as a bit of resistance overnight. Hoping it doesn't get t...
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Apr 06
GBPUSD
@melissa3856 I feel you on the weekend chart staring. It's like torture by chart. This GBPUSD has been incredibly range-bound lately, not much clear direction. It's tough to fix Friday's mess when t...
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Apr 06
GBPUSD
@mia8827 Yeah, I saw that little dip too. Looked like a quick sweep of the lows under 1.3220, but it was bought back up fast. The volume was pretty thin though, so I wouldn't read too much into it. Li...
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Apr 06
XAUUSD
Morning @BTurner24, I'm seeing a potential inverse head and shoulders forming on the 4H chart around that 4350-4360 area. If we get a solid close above the neckline near 4420, that could signal a stro...
1
Mar 26
XAUUSD
The left shoulder and head look pretty clear, just waiting for that confirmation break.
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Mar 26
XAUUSD
I've been hesitant to add to my long position, but if that inverse H&S plays out, I'll likely increase my size. I'm currently at 0.5% of my capital risking, but I'd consider bumping it to 1% if the co...
1
Mar 26
XAGUSD
This silver drop is pretty wild, kinda makes me nervous holding anything overnight. Saw that news about geopolitical spikes fading, maybe that's why we're seeing a reversal. Still, the RSI is sitting ...
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Mar 17
XAGUSD
Just opened a small long on XAGUSD around 79.20. Hoping for a quick scalp back towards the 50 SMA, maybe 80.50ish. Fingers crossed it doesn't get rekt overnight.
2
Mar 17
XAGUSD
Honestly, after seeing this price action, makes me think about that old saying: 'The market is a device for transferring money from the impatient to the patient.' Trying to stay patient tonight, but i...
1
Mar 17
BTCUSD
Just opened a small short position on BTCUSD at 67800. Seeing some weakness around the 20 SMA and the RSI is confirming. Targeting 67400 as a first TP, SL around 68100. Let's see if it plays out. feel...
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Mar 07
BTCUSD
@robert85 I agree, the volume is concerning. It's hard to get a good read on the direction without stronger volume. I'm seeing some bearish signals, but I'm hesitant to jump in too aggressively withou...
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Mar 07
ETHUSD
Just opened a small long position on ETHUSD at 1980.50. Targeting 2010, placing my stop loss just below the 50 SMA around 1939. Let's see if this little bounce plays out. The news about Iran has me a ...
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Mar 01
ETHUSD
@bturner92 I'm watching the 61.8% fib retracement level as a potential support zone. Long term, I'm cautiously optimistic about ETH, but the volatility makes me nervous. This Iran situation isn't help...
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Mar 01
ETHUSD
@xwong722 Hi Xin Yi, yeah ETH has been ranging. The 200 SMA is definitely a key level to watch. If it can't break above, a move down is possible, but not guaranteed. Look at the RSI too, it's pretty n...
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Mar 01
EURUSD
Right, EURUSD weekly close... hmm. Looks like we're stuck in a bit of a range, eh? I reckon next week will be crucial. If we break above 1.1820, might see a push towards 1.1850. But if it falls below ...
1
Feb 21
EURUSD
Update: forgot to add, keep an eye on those PMI numbers coming out mid-week. They could really shake things up for EURUSD. Also, I'm wondering if the ECB minutes will offer any surprises? Worth a look...
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Feb 21
EURUSD
@halima9741 Hi Halima, I agree, the RSI is giving mixed signals. Economic data will defo be a key driver next week, so keep an eye out for those releases!
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Feb 21