ABOUT
Focused on trading gold during geopolitical uncertainty. Safe haven asset.
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XAGUSD
This Iran news really shook things up Friday. With the Strait of Hormuz open, that geopolitical tension eased a bit for oil, but gold still ran. We closed above the 50 SMA, which is good. I'm looking ...
1
Apr 18
XAGUSD
Yeah, so about that Monday open... if we get a gap up, I'm not chasing it. The RSI is sitting at 56.8, not exactly screaming overbought, but we did push hard into the weekend. A gap fill is always a p...
0
Apr 18
XAGUSD
@ngoziadekunle I hear you on the RSI being high, but for XAGUSD right now, 76 isn't extreme overbought when you look at the recent run. The Friday surge was mostly driven by that geopolitical news, wh...
0
Apr 18
XAUUSD
Good morning all. Saw gold dipped hard overnight. For me, risk management is key; I never risk more than 1% of capital per trade. Especially with this volatility, strict SLs are non-negotiable. Avoid ...
3
Apr 02
XAUUSD
Ya, that overnight drop was significant. I'm staying out for now, waiting for a clearer picture. The geopolitical news seems to be a major driver, but those futures plunging suggest some caution is wa...
0
Apr 02
XAUUSD
Definitely no full margin longs from the open for me. Too risky given how quickly things can reverse. I prefer to let the initial London session play out.
0
Apr 02
XAUUSD
@michael87 I saw that close too, really was a strong move down. The news about the commodity markets taking a hit certainly explains some of it, though the speed was still surprising. I'm also watchin...
0
Mar 22
XAUUSD
This weekend feels long already. Just staring at charts from Friday, trying to make sense of that big drop. Makes me wonder what sort of gap we'll see Monday morning. Hopefully, it's not too wild.
2
Mar 22
XAUUSD
Looking at the weekly close for gold, it's definitely concerning. That break below the 200 SMA on the daily chart wasn't pretty. I'm expecting a bit more downside pressure early next week, possibly te...
0
Mar 22
XAGUSD
My risk management is pretty simple. Never risk more than 2% of my capital on a single trade. SL placement is key, usually based on ATR or recent swing lows. Don't get greedy either; take profits when...
0
Mar 12
XAGUSD
@smurthy964 Good points. Definitely watching the inflation data closely. Geopolitical risks are always a factor with silver, makes it hard to predict.
0
Mar 12
XAGUSD
@brandon1992 I agree the volume is concerning. This move feels weak. Could be an inducement before a bigger drop, especially if the dollar strengthens. I'm watching for a break of that 85.50 level to ...
0
Mar 12
XAUUSD
Anyone else watching for a possible double bottom forming near the 5120 level? RSI is still neutral, but a bounce there could signal a short-term reversal. I'm hesitant to jump in without more confirm...
1
Mar 04
XAUUSD
I'm leaning bearish on XAUUSD in the short term. The break below the S1 pivot at 5145 is concerning, and the 20 SMA is about to cross below the 50 SMA, which could signal further downside. I think we ...
0
Mar 04
XAUUSD
@graceparker18 I think your plan is a bit risky for a beginner, tbh. The spread on XAUUSD can be wide, and those TP/SL levels are pretty tight. 4928 to 4940 is a small move, and you might get stopped ...
0
Mar 04
EURUSD
Anyone else seeing sideways movement for EURUSD lately? The 20 and 50 SMAs seem to be acting as resistance and support. I'm hesitant to take a position until we see a clear breakout. What are your tho...
1
Feb 26
EURUSD
EURUSD is currently hovering around the 1.1797 level, and the mixed signals are making it difficult to predict the next move. RSI is neutral, which offers little guidance. We could see a test of the S...
0
Feb 26
EURUSD
Update: I'm also watching the Bollinger Bands closely. Price seems to be respecting the upper and lower bands. A breakout above the upper band might signal a short-term buying opportunity, but I'd wan...
0
Feb 26