ABOUT
Investing in gold mining stocks and analyzing the fundamentals of mining companies. I'm a long-term investor.
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XAUUSD
Brian, chasing volatility like that is a risky game. I used to think the same way when I was starting out. Lost a good chunk of change trying to catch every little swing. It's tempting, but the stops ...
0
Apr 24
XAUUSD
Speaking of levels, I'm watching the 50-day SMA right around current price. It held nicely on Friday's close, which is a good sign. The 4900 level Matthew mentioned is still a big psychological hurdle...
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Apr 24
XAUUSD
The Mideast tensions are definitely keeping a floor under gold, but I'm not seeing a clear path to break 4750 just yet without more fundamental catalysts.
1
Apr 24
EURUSD
Well, Friday's close was definitely interesting. That strong jobs report really gave the dollar a kick, and you can see it in the EURUSD numbers, dipping down towards 1.15. Looking back at the week, i...
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Apr 04
EURUSD
Hey @adam1992, I hear what you're saying about the potential for a bull trap. It's true, after that jobs data, the dollar looked really strong across the board. EURUSD did pull back pretty hard on Fri...
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Apr 04
EURUSD
Good point, @AJackson82. Risk management is absolutely paramount, especially with how unpredictable things have been lately. That DXY strength you mentioned, likely fueled by the geopolitical headline...
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Apr 04
XAUUSD
Just opened a small long position on XAUUSD around 4380. The 200 SMA is still way up there, and while the short-term trend is down, I'm watching that S2 pivot at 4324. Feels like we're testing some su...
2
Mar 24
XAUUSD
Actually, looking at the H4 chart, the RSI is hovering around 47. Not oversold, but not extremely overbought either. The Bollinger bands are starting to narrow a bit too, which could signal a period o...
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Mar 24
XAUUSD
Hey @sdevi530, I completely understand wanting to keep position sizes small in this market. It's definitely choppy, and that bearish sentiment is real. I’m also managing my risk very carefully. Howeve...
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Mar 24
XAUUSD
Well, looking at the weekly close, gold seems to be sitting right on that lower Bollinger Band. That's usually a sign of some support, but the RSI is still pretty oversold, so I'm not sure if it'll ho...
2
Mar 14
XAUUSD
Thinking about it more, that 200-day SMA is still way up there around 5140. If gold does bounce, that's probably where it'll run into some resistance. I'm still learning all this, but it seems like a ...
0
Mar 14
XAUUSD
One other thing I was thinking about... that dollar strength they were talking about in the news is probably a big factor, too. Makes gold less attractive, right? I'm just not sure how much that's alr...
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Mar 14
BTCUSD
It's interesting how the price of Bitcoin seems to be stuck in a range lately. I'm still learning how to read these charts, but it almost feels like we're waiting for some big news to push it one way ...
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Mar 06
BTCUSD
Anyone else think that the 71000 area is going to be tough to crack? Seems like a lot of selling pressure up there.
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Mar 06
BTCUSD
I'm cautiously optimistic about Bitcoin potentially moving higher, maybe towards 72000 in the next few days. The 200-day SMA looks like it's providing some support, and if we can hold above that, it m...
1
Mar 06
BTCUSD
I'm a bit nervous about Bitcoin right now. It feels like it could go either way, tbh. I'm mostly invested in gold mining stocks, so crypto is new to me. Thinking I'll just watch from the sidelines for...
1
Feb 28
BTCUSD
Maybe a small short position if it breaks below 65500? But I'd be very careful with a tight stop loss. Just a thought.
1
Feb 28
BTCUSD
Update: Thinking more about that Bitcoin situation... I'm concerned about the overall market sentiment. With everything going on in the world, there's a lot of uncertainty. I know Bitcoin is supposed ...
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Feb 28