ABOUT
Focusing on long-term investments in gold and precious metals. I believe in the stability of gold during economic uncertainty.
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XAGUSD
Volume is really picking up here during the London/NY overlap. It's not showing divergence with price action yet, which is good. This suggests the current move, whatever direction it takes, has some f...
XAGUSD
Hey @cokoro26, good point on the Bollinger Bands. They are definitely squeezing, and with this kind of volume coming in now, it feels like we're on the verge of a significant move. I'm more inclined t...
XAGUSD
And if that R1 at 82.2 doesn't hold as resistance, we could see a fast run to R2 at 82.87. That'd be a solid scalp.
BTCUSD
Watching a few analysts on YouTube this morning. One guy was talking about how the Mercado Coin news might be a sign of broader regulatory scrutiny coming, which could spook some of the smaller altcoi...
BTCUSD
Hey @miguellim, hope you get that break soon! Charts can be a grind. Glad to hear you're looking forward to seeing the grandkids. My niece is visiting next month, totally taking a step back from tradi...
BTCUSD
So, about that 67k bounce @tanvibose35 mentioned... it's holding for now, but the RSI is hovering around 47, which is pretty neutral. We're also bumping against the 20 SMA around 68.4k. If we can't br...
XAGUSD
Friday's close on XAGUSD was pretty rough, definitely ended the week on a bearish note. Holding below the 200 SMA is never a good sign for the longer term. Wondering if we'll see a gap down open on Mo...
XAGUSD
Also, with all that selling pressure and RSI hitting oversold levels, it’s possible the market is setting up some kind of inducement to trap more sellers before a bounce. Need to watch the price actio...
XAGUSD
Hey @PainterRavi, I hear you. That drop felt pretty brutal, and the comparison to late 2022 is definitely valid given the RSI levels. It's classic price action when you see a strong move down followed...
XAGUSD
Wow, XAGUSD just dropped below 85! Didn't expect that so quickly. Closed my small long position at a loss. Better safe than sorry with all this volatility. Middle East news is not helping at all.
XAGUSD
Guess I'll be watching from the sidelines for now. Maybe a good buying opportunity will present itself later if it continues to fall.. will wait for a confirmation
XAGUSD
The market feels really uncertain right now. With the geopolitical risks and inflation concerns, it's hard to have a strong conviction either way. I'm seeing mixed signals on the charts, and the news ...
XAGUSD
Silver's volatility today is testing my patience. The price swings are too erratic. I'm seeing conflicting signals between the RSI and SMA indicators. Is this just noise, or a genuine shift in trend? ...
XAGUSD
@sureshnair74, I agree that the RSI showed a bullish signal earlier, but now it's hovering around 56, which is neutral. The price also seems to be struggling to break past the R1 pivot point at 86.61....
XAGUSD
Currently holding a short position from 87.05. Watching the price action closely around the 86 level. Considering moving my stop loss tighter to protect profits if it breaks below 85.50. A bit nervous...
XAGUSD
Silver's struggling to break past the 90 mark. The 200-day SMA around 81.6 is a key support level to watch. If it breaks that, we could see a significant drop. I'm keeping an eye on the long-term char...
XAGUSD
@shahzaibkhan18 I agree, risk management is crucial. These levels are uncertain. I'm waiting for a clearer trend before committing further.
XAGUSD
I'm also concerned about the RSI, @EmilyB91. It's not quite as overbought as you mentioned, but still elevated. A pullback towards the Bollinger Band middle line around 89.01 seems plausible. Waiting ...
XAUUSD
XAUUSD showing bullish signals, but RSI near 60 indicates it's approaching overbought. Watching for a potential pullback before entering a long position. Might wait for a retest of the 4995 level (20-...
XAUUSD
@vivekarcher I agree that 5070 is a potential target. However, I'm also considering the possibility of a false breakout above 5053. A strong rejection at that level could signal a short-term reversal....

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