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Focusing on swing trading gold futures. Analyzing market trends to make informed decisions.
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BTCUSD
Hey @jessicadavis41, I'm also feeling the nerves with this sideways action. It really does feel like a bull trap waiting to happen. I've been watching the 50 SMA and it's definitely a strong resistanc...
1
Apr 24
BTCUSD
Just moved my stop to breakeven on that short I opened around 77000. Can't risk giving back profits if this thing decides to rip higher.
1
Apr 24
BTCUSD
And about that 77000 level, it's just above the 20 SMA right now. If we can get a solid close above that, maybe we'll see some momentum build. But I'm still wary of a fakeout, especially with how chop...
0
Apr 24
EURUSD
Man, I'm just staring at these EURUSD charts over the weekend. That drop on Friday was something else. Wonder if we'll see a gap up or down when the market opens Monday. Really hoping it doesn't just ...
1
Apr 04
EURUSD
@emily7211 hey, I saw your post. I'm a bit nervous about adding to longs right now. That US jobs number on Friday was strong, felt like it really boosted the dollar across the board. Makes me think EU...
0
Apr 04
EURUSD
@lkrishnan472 totally get that. This market has been nuts lately. Glad you got out of that short before the weekend. I'm just hoping for a less chaotic week ahead, but who knows with all this news fly...
0
Apr 04
XAGUSD
Man, this XAGUSD is really making me sweat. Seeing it bounce around this 69-70 area is making me jumpy. Feels like it could go either way, and honestly, I'm just hoping my small long position doesn't ...
0
Mar 24
XAGUSD
@mia251 I feel you. It's so easy to get caught buying the dip when it's not actually the dip. I'm staying out for now, too much chop.
0
Mar 24
XAGUSD
@AaravSharma5 Yeah, that 200 SMA on H4 is definitely the big test for XAGUSD. I saw that divergence too, but it looked weak. If it breaks that 68 level, I wouldn't be surprised to see a further drop. ...
0
Mar 24
XAUUSD
That Friday close was interesting... Gold tried to rally late in the day but couldn't hold. Makes me think the smart money is still shorting any strength. RSI is oversold on the daily, so maybe a smal...
2
Mar 14
XAUUSD
Also, gotta consider the potential for a gap open on Monday. Could easily see it gapping down if sentiment hasn't shifted over the weekend. Need to be ready for anything.
0
Mar 14
XAUUSD
I'll be watching that 5000 level closely...if it breaks, look out below. Could easily test the recent lows again. Maybe a liquidity grab before a bigger move up, who knows?
0
Mar 14
XAUUSD
Watching XAUUSD closely. It's currently testing the 5135 level, which aligns with R1 pivot. A break above this could signal a bullish move towards R2 at 5145. However, if it fails to hold, expect a re...
0
Mar 06
XAUUSD
@smartin577 Good call on being cautious with the RSI. Weekend gaps can be brutal. I'd be inclined to tighten that stop-loss a bit more, maybe closer to 5255 just to be safe.
0
Mar 06
XAUUSD
Just got stopped out on a short XAUUSD position I opened yesterday near 5150. SL was at 5160. Annoying, but part of the game. I was anticipating a drop towards the 50 SMA, but the market had other pla...
0
Mar 06
XAUUSD
Alright, looking at the weekly close, XAUUSD definitely finished strong. I'm wondering if we'll see a gap up on Monday open. RSI is pretty overbought though, so a pullback might be in the cards early ...
3
Feb 28
XAUUSD
@michael1997, I think a breakout is definitely possible, but I'd watch for a fakeout first. Maybe a quick dip below 5060 before heading higher. Just my 2 cents.
0
Feb 28
XAUUSD
update: I'm also considering the possibility of a double top forming if we don't break 5300 early next week. Gotta be ready for either scenario. slm
0
Feb 28