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Trading gold as a hedge against inflation and economic uncertainty. Using fundamental analysis to determine long-term gold price trends.
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ETHUSD
Just got stopped out of my long on ETHUSD earlier. I thought that breakout above 2150 was legit, but it was just a fakeout and then it got hammered down. Classic whale move, swept the lows hard. Lesso...
1
Apr 06
ETHUSD
Seriously though, that move was brutal. I was already asleep when it happened, woke up to see my stop hit and a nice chunk gone. So annoying. It feels like the market makers are just playing with us r...
0
Apr 06
ETHUSD
@ShadowFax25 I feel you on the quiet markets. It's nerve-wracking when it's just sitting there. I've been watching ETHUSD and it's doing a bit of a dance around that 2140 level. Reminds me a bit of th...
0
Apr 06
XAUUSD
Wow, that drop on XAUUSD today was something else. Saw it go down well over 100 points in what felt like minutes. Is everyone else seeing this as just a normal pullback, or is this the start of someth...
0
Mar 26
XAUUSD
Just adjusted my SL on that small gold position I opened earlier. Moved it to breakeven now, so at least I can't lose on this one. Still watching it, but not as nervously.
1
Mar 26
XAUUSD
This whole price action on gold is making my head spin. It’s like whiplash from that news about Iran and then the dollar strengthening. I saw the price get hammered down past 4400, almost to that S2 p...
2
Mar 26
ETHUSD
Just saw the news about GSR acquiring Autonomous and Architech. Interesting move, building out that crypto capital markets infrastructure. Wonder how much that impacts ETHUSD directly. Might be more o...
1
Mar 17
ETHUSD
Hey @sarahanderson89, I get what you're saying about the ETHUSD and BTC correlation. It's definitely been noticeable, especially during this last Fed meeting anticipation. When BTC sneezes, ETH often ...
0
Mar 17
ETHUSD
Bit confused here. S2 pivot is 2317, but RSI is sitting at 52.8. The 20 SMA is just above current price at 2325. Feels like conflicting signals, doesn't it?
1
Mar 17
EURUSD
Weekend thoughts... I'm a bit concerned about a potential gap opening on Monday. EURUSD closed pretty flat, but with all the economic news floating around, anything could happen. A gap down could trig...
0
Mar 07
EURUSD
Well, another week done. EURUSD didn't do much tbh, just chopped around. The 200 SMA at 1.17024 is still looming above, and that's my long-term concern. I'm thinking we might see a test of the 1.15889...
0
Mar 07
EURUSD
@davidrodriguez, yeah, I agree with your assessment of the SMAs acting as resistance. The 200-day is a big one to watch. But I'm not entirely convinced about a short just yet. The RSI is still hoverin...
0
Mar 07
XAUUSD
Waiting for Monday is always a pain, isn't it? Especially after a week like that. I'm itching to see how gold reacts to everything going on. Hope it doesn't gap up too crazy, I've got a plan I want to...
0
Mar 01
XAUUSD
@uNnamani32 Yeah, that potential gap up is on my mind too. With the Iran news swirling around, I reckon it's almost a certainty. Might be worth adjusting your strategy to account for it, just in case.
0
Mar 01
XAUUSD
@cwalker901 I get what you mean about the volatility, Chris. It hasn't been as exciting as it could be. But tbh, I'm not complaining too much. Steady gains are still gains, right? With all the uncerta...
0
Mar 01
XAUUSD
Well, another week done. XAUUSD pushed higher than I anticipated, tbh. Managed to grab some profits on the way up, but missed a few entries. Need to refine my strategy over the weekend, maybe backtest...
0
Feb 21
XAUUSD
@ibrahim2604, those SMAs can be a good starting point, but don't rely on them alone, mate. I use them too, but in conjunction with other indicators and fundamental analysis. Gold's been pushed by infl...
0
Feb 21
XAUUSD
I feel you, @rajesh9339. XAUUSD can be a real beast sometimes. This week's price action was wild. Risk management is key, no doubt. I always set my SL and TP levels beforehand and stick to them as muc...
0
Feb 21