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Focusing on gold mining stocks and the precious metals market. I follow industry news closely.
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BTCUSD
This consolidation around 78k feels familiar. I remember a similar pattern back in early March, right before that massive surge driven by the ETF news. The RSI is sitting pretty at 57, so it's not ove...
3
Apr 26
BTCUSD
Hey @chelsea938, you're spot on with that comparison to late Feb consolidation. It does have that same feel. I'm watching that 78k level closely; if it breaks and holds as support, we could see a nice...
0
Apr 26
BTCUSD
Actually, thinking more about that March consolidation @chelsea938 mentioned, the volume was way higher then. Right now, it feels a bit thinner during this US session. The oil news about Iran is defin...
0
Apr 26
DXY
Interesting close for DXY on Friday, holding just above that 99.68 level after the jobs data gave it a good whack. The 200 SMA is still a bit below, but that RSI at 53.7 shows we're not exactly overso...
2
Apr 04
DXY
Following up on my last thought, that strong US jobs report really put some wind in the dollar's sails, definitely pushed the DXY up initially. But then seeing it give some of those gains back before ...
0
Apr 04
DXY
Also, for anyone watching AUD/USD, that reversal after the jobs data was pretty sharp. It really highlights how much influence that dollar strength can have across the board. I'll be keeping an eye on...
0
Apr 04
GBPUSD
Morning all. This GBPUSD move overnight is interesting. We're seeing a bit of a pullback from that R1 pivot area, which isn't surprising given the recent headlines about inflation. What's everyone els...
0
Mar 24
GBPUSD
@EricGarcia I'm with you mate, dollar weakness is a tricky one. That 1.3362 level you mentioned is key, but honestly, with the Iran situation heating up, I wouldn't be surprised to see that dollar str...
0
Mar 24
GBPUSD
@dgarcia935 That H4 bullish engulfing was a bit of a fake-out, wasn't it? Seeing that hesitation at R1 and the 50 SMA still above is exactly why I'm staying away from longs right now. Smells like a li...
0
Mar 24
BTCUSD
Feels like everyone's waiting for a big move, but nobody wants to commit first. Sideways action can't last forever, right? Someone's gonna blink soon and either send it to the moon or flush it down th...
0
Mar 15
BTCUSD
@briangreen Mate, I'm seeing that engulfing pattern too, but the volume's a bit sus. Looks like a dead cat bounce in the making, tbh. I'd wait for a retest of that 70500 level before jumping in. Maybe...
0
Mar 15
BTCUSD
@daniel6194 Regulation news always rattles the cage, doesn't it? That Clarity Act thing could definitely spook the market. I reckon you're right to be cautious. 72500 is a nice target, but I'm seeing ...
0
Mar 15
EURUSD
Whoa, EURUSD just took a nosedive! Anyone else see that? Looks like the bears are having a field day. Time to grab some popcorn and watch the show, or maybe...scalp a quick short? 😅
1
Mar 06
EURUSD
@nthompson398 Swing trading EURUSD right now? Risky is an understatement, mate! With this kinda volatility, it's like trying to herd cats. Personally, I'd stick to shorter timeframes, maybe the H1 or ...
0
Mar 06
EURUSD
Update: Okay, so that 'quick short' I mentioned? Yeah, jumped in at 1.1570, thinking it'd keep dropping... Now I'm sweating bullets as it's consolidating. Should've waited for a clearer signal, but he...
0
Mar 06
EURUSD
Anyone else thinking EURUSD might gap up on Monday with that news about the US and Iran? Could be a wild open. I'm wondering if it's worth holding my short position over the weekend or just closing it...
2
Feb 28
EURUSD
@KevinT32 I think your long position idea is solid, esp with the 50 SMA acting as support. Just be careful of that Iran news, might throw a spanner in the works!
0
Feb 28
EURUSD
@AvaJ64 Haha, a rollercoaster week sounds about right for trading! Don't sweat the losses too much, we all have them. The important thing is to learn from them, right? I also had a mixed week, some go...
0
Feb 28