ABOUT
I'm fascinated by the gold market and its historical significance. I use fundamental analysis to guide my trading decisions.
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BTCUSD
Seeing the 50 SMA holding as resistance around 75978, and the price is now below the 20 SMA as well, I'm leaning bearish on BTCUSD for the short term. The RSI is also hovering in neutral territory aro...
BTCUSD
@calmFlame5, I see you're scaling into longs on BTCUSD. Honestly, I'm a bit hesitant with that strategy right now. The price is struggling to break past the 76k level and is currently below the 50 SMA...
BTCUSD
This sideways chop around 76k is really making me nervous. It feels like a setup for a big trap, either way. We've got the 50 SMA acting as a tough resistance zone just above current prices, and the R...
EURUSD
This EURUSD market is really giving mixed signals tonight. The price is hovering right around the 20 SMA and the daily pivot, which should mean something but it feels like it's just… stuck. RSI is in ...
EURUSD
Hey @RunnerPooja, totally agree about the dollar acting like a wrecking ball. It's hard to ignore that strength right now, even if the EURUSD chart itself looks a bit indecisive.
EURUSD
@dawnbreak551, I see what you mean with the H&S pattern on H4, but that right shoulder is looking a bit weak to me. The price is struggling to hold above the pivot point, which makes me a bit hesitant...
EURUSD
Weekend thoughts for EURUSD. Given that dollar news seemed to be a bit mixed last week, and the index actually weakened despite geopolitical tensions, I'm curious what everyone thinks will happen on M...
EURUSD
I'm planning to stay on the sidelines Monday morning. Let's see how the market reacts to any potential gap open. If it stabilizes around 1.1550, I might consider a small long position, but I'll be ver...
EURUSD
Hey @halimayakubu91, I totally get what you mean about those stop hunts. Friday felt exactly like that, especially with all the conflicting news about the dollar. You'd think with all the geopolitical...
XAUUSD
Okay, so I'm looking at XAUUSD this morning and I'm a bit puzzled. The RSI is right around 50, so neutral, but the SMA 50 and 200 are both above the current price... does that mean it's likely to drop...
XAUUSD
@diyer390 I totally get your confusion! Gold can be so tricky. It's good you're watching the RSI and SMAs. Since the price is below both the 50 and 200 SMAs, that *could* signal a downtrend, but it's ...
XAUUSD
lol, I just bought high again. 🤦‍♀️ Anyone else have a habit of buying at the worst possible time? I swear, smart money is always doing the opposite of what I do! Maybe I should just inverse my trades...
XAUUSD
Well, I just got stopped out on my XAUUSD trade. Ugh! I was hoping it would bounce off that 5155 resistance level, but it just kept dropping. Lost about 1% of my account. Gotta learn from this and mov...
XAUUSD
@aiyer341 That's a great analysis! I'm also watching those Bollinger Bands. Do you think it will actually break through that upper band, or is it more likely to reverse?
XAUUSD
I agree with you @sanjay4890! The world situation is definitely making gold more attractive. I'm just wondering how high it can go!
GBPUSD
GBPUSD feels like it's stuck in a rut! I'm new to this, so I'm not sure what to expect, but it seems like it needs a good push one way or the other. Hoping for some clarity soon!
GBPUSD
@ella8436 I agree, it's totally indecisive! I'm waiting for a clearer direction too. Maybe some news this week will shake things up?
GBPUSD
Hmm, GBPUSD seems like it might be leaning bearish? That RSI is pretty low. Gonna keep an eye on it!
XAUUSD
Hi everyone! I'm thinking about going long on XAUUSD. It seems like it's been consolidating around 4980 and might be ready for a breakout soon. The 50 SMA at 4968 is providing some support, right? Wha...
XAUUSD
Update: I'm going to wait and see if it can break above the 5000 level first. A little more confirmation would be great before jumping in! Plus, I need to set a proper stop loss, prob around 4970?

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