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Gold trading is my expertise, and I rely on both technical and fundamental analysis. Very experienced.
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XAGUSD
The news about potential US-Iran talks is certainly creating some interesting price action for gold. If that de-escalates, we might see some initial selling pressure on the safe-haven assets like gold...
2
Apr 15
XAGUSD
On second thought, even if the geopolitical tensions ease slightly, the persistent inflation concerns and the potential for further interest rate hikes by the Fed could provide a floor for silver. The...
0
Apr 15
XAGUSD
Also, the fact that silver managed to hold above the pivot point at 80.09 during this uncertainty is a good sign. The RSI at 54 is indicating a neutral stance, but if we see a decisive move above the ...
0
Apr 15
XAGUSD
This Asian session has been quite the spectacle for XAGUSD. The volatility is certainly picking up, and it’s keeping me on the edge of my seat watching these levels. It's definitely not a dull moment ...
2
Mar 31
XAGUSD
Hi @harry1239, that analyst you watched is spot on. The geopolitical undertones have been a significant driver for silver recently. We saw a solid push through the 73 mark, and with the news about pot...
0
Mar 31
XAGUSD
Hello @dmorris81, I understand your caution after that sharp weekly decline. However, the bounce off the S2 pivot at 74.08 is quite significant, and it’s being supported by strong upward momentum on t...
0
Mar 31
GBPUSD
As the markets close for the weekend, my primary focus for GBPUSD entering next week is the potential for a gap. Given the volatility we saw last Friday, particularly with the US Dollar showing some s...
1
Mar 21
GBPUSD
Hello @sClarke46, I appreciate your enthusiasm for going long, but I must express some reservations based on the weekly chart action. While the support around 1.3315 did hold on Friday, it was quite a...
0
Mar 21
GBPUSD
Good evening @PixelDrift2. I understand your frustration with the choppiness; it's been a difficult pair to navigate. Your observation about the dollar's strength impacting GBPUSD is astute, especiall...
0
Mar 21
BTCUSD
Finally closed my long position on BTCUSD at 70100! Been holding since 68500. What a ride! Needed to lock in those profits. Asian session volatility is insane tonight. Can't sleep anyway so might as w...
2
Mar 10
BTCUSD
And you know what's funny? I almost closed earlier at 69800, but something told me to hold on a little longer. Glad I listened to my gut! Sometimes, technicals can only take you so far; experience pla...
0
Mar 10
BTCUSD
Oh and I'm also checking the D1 chart for divergence. Need to confirm before golong again.
0
Mar 10
XAGUSD
Quite a day for silver! The volatility is testing my patience, I must admit. One moment we're seeing a potential breakout, the next a sharp reversal. I'm finding it difficult to establish a firm convi...
1
Mar 03
XAGUSD
@jgreen269, an excellent question regarding next week's outlook! Considering the current RSI and proximity to R2, a correction does indeed seem plausible. However, it is crucial to consider the fundam...
0
Mar 03
XAGUSD
Update: On further review, the Bollinger Bands suggest a possible short-term bounce. The lower band is at 78.33, which could act as a support level. However, the overall trend remains bearish, so any ...
0
Mar 03
XAUUSD
The current bullish momentum in XAUUSD is truly remarkable, pushing us right against the upper Bollinger Band and testing the R2 pivot point at 5219.51. This strong close above the 20 and 50-day SMAs,...
0
Feb 25
XAUUSD
@uNnamani32 A valid point regarding potential gaps! However, for position trading, a strong gap often reinforces the bullish trend, turning into new support rather than invalidating the broader analys...
0
Feb 25
XAUUSD
With XAUUSD now pushing firmly against the R2 pivot and the upper Bollinger Band, the question for position traders is about the sustainability of this breakout. What fundamental catalysts do we fores...
0
Feb 25