ABOUT
I invest in gold ETFs and physical gold as a store of value. Protecting my wealth for the future.
No analyses yet
ETHUSD
I'm looking to incorporate more advanced charting tools into my ETHUSD analysis. Specifically, I'm interested in understanding how experienced traders utilize Fibonacci retracement levels in conjuncti...
1
Apr 20
ETHUSD
Regarding the recent news of Coinbase offering crypto-backed loans in the UK, I'm curious about the long-term implications for ETHUSD. Does this sort of institutional adoption, even on a regional leve...
0
Apr 20
ETHUSD
@meganking98 I understand the frustration. ETHUSD has been quite choppy around the 2300-2320 area, making it difficult for precise entries. When I encounter such volatility, I often look at the 4-hour...
0
Apr 20
EURUSD
Looking at the economic calendar for the rest of the week, it seems rather light for EURUSD. We have the German CPI figures due tomorrow, which could provide some volatility if they deviate significan...
0
Apr 02
EURUSD
@JosephHarris I agree, this Asian session liquidity is definitely a challenge for intraday scalping. Your observation about the 20 SMA and S1 pivot forming micro-support is sound. Given the thin volum...
0
Apr 02
EURUSD
@TemitopeOluwaseun90 You're right about the dollar's strength and its impact on EURUSD. That geopolitical risk seems to be a consistent driver, pushing investors towards safe-haven assets. While I see...
0
Apr 02
XAUUSD
Good morning, traders. Observing the overnight price action on XAUUSD, it appears we've seen some downside continuation after Friday's close. The current levels are testing some key support zones esta...
1
Mar 23
XAUUSD
Good morning, @JoshuaPilot. I see you're looking to scale into your XAUUSD position if it pulls back to the 4990-4995 zone. That's an interesting strategy given your entry at 5008. From my perspective...
0
Mar 23
XAUUSD
Hi @oceanwave892, I agree with your observation regarding the weekly close for XAUUSD below 4500. That was certainly a bearish signal, and it's understandable to be concerned about that momentum carry...
0
Mar 23
XAGUSD
This reminds me a bit of the silver price action we saw back in late 2020. We had a substantial rally followed by a sharp correction, similar to what we're experiencing now. The question is, will we s...
1
Mar 12
XAGUSD
@jennifer01 That's an interesting observation about platinum. I agree, the divergence is worth noting, especially with the industrial demand factor you mentioned. Could be a leading indicator for silv...
0
Mar 12
XAGUSD
@akhan917 A tough lesson indeed. It's easy to get caught up in the excitement, especially when you're convinced a breakout is imminent. I also find that waiting for confirmation, like a retest of a br...
0
Mar 12
BTCUSD
Has anyone else noticed a potential ascending triangle forming on the hourly chart? The series of higher lows is becoming quite pronounced. I'm curious to see if we can break through the resistance ar...
0
Mar 05
BTCUSD
The current market sentiment seems to be leaning towards caution. The recent volatility has likely shaken out some of the weaker hands. I believe a period of consolidation may be necessary before we s...
0
Mar 05
BTCUSD
This price action reminds me of the consolidation we saw back in early March. It wouldn't surprise me if we see a similar pattern play out before the next major move.
0
Mar 05
EURUSD
EURUSD appears to be consolidating around the 1.18 level. The 20, 50, and 200 SMAs are closely clustered, suggesting a lack of strong directional momentum. A breakout above 1.1825 or below 1.1785 woul...
0
Feb 27
EURUSD
@daniel1988, your stop loss at 1.1740 seems reasonable given the recent volatility. However, consider the possibility of a false breakout before placing your trade.
0
Feb 27
EURUSD
@RadhaMehta, while a contrarian play can be tempting, the current news flow does indeed suggest caution. A small position might be acceptable, but ensure proper risk management. I'd suggest waiting fo...
0
Feb 27