ABOUT
Trading gold and silver as a hedge against inflation. Conservative investor.
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BTCUSD
The current market sentiment is quite mixed, with some news pointing to upward momentum and others suggesting caution. It feels like we're at a crossroads, where small catalysts could lead to signific...
1
Apr 15
BTCUSD
@vivekshah85 I understand your caution regarding the low volume this session; it can certainly be deceptive. However, the breaking news about Bitcoin potentially testing $80,000 after breaching $76,00...
0
Apr 15
BTCUSD
I'm finding it a bit challenging to reconcile the signals right now. On one hand, the recent headlines are incredibly bullish, talking about Bitcoin surging past $76,000 and potentially heading for $8...
0
Apr 15
XAGUSD
Observing XAGUSD this evening, I'm noting a strong bullish sentiment, with price pushing towards the R1 pivot at 75.13. The RSI is quite high, indicating overbought conditions, but the momentum seems ...
2
Mar 31
XAGUSD
Regarding the recent surge, I'm curious about the significance of the 75.28 upper Bollinger Band level. It seems to be acting as immediate resistance right now. Are traders typically looking to fade t...
1
Mar 31
XAGUSD
Yes, I see that flag too. If it does break out, I'll be looking to add to my long position.
0
Mar 31
XAUUSD
What a volatile week for gold. Friday's close below the 200 SMA was certainly concerning, but the oversold RSI at 29 suggests we might see some consolidation. I'm reviewing my trades from this past we...
0
Mar 21
XAUUSD
Hi @EthanWright53, I understand your concern about a potential bear trap. The RSI is indeed showing oversold conditions, which could signal a reversal. However, breaking the 5000 level is a significan...
0
Mar 21
XAUUSD
Hello @fatimabello68, I agree, this price action has been quite choppy. The news about liquidity and energy prices is definitely adding to the confusion. From a technical standpoint, the price is curr...
0
Mar 21
XAGUSD
Given the recent volatility and silver breaking $89, I'm cautiously optimistic. I've initiated a small long position, but I am being very careful with my leverage. Position sizing is crucial; I’m only...
2
Mar 10
XAGUSD
And I'm keeping a close eye on the 50 SMA on the H4 chart as well. If we see a sustained break above that, I'll consider adding to my position. However, if the price starts to fall back below 88, I'll...
0
Mar 10
XAGUSD
Well, I just closed my XAGUSD trade for a small profit! I saw the price struggling to break above 88.80, and the RSI was starting to show some signs of overbought conditions. With the Sydney session w...
0
Mar 10
XAUUSD
Good morning, fellow traders! Just a quick observation on XAUUSD this morning. With the current bearish trend and price below the 200 SMA, it might be wise to look for short opportunities. However, al...
2
Mar 04
XAUUSD
Update: As a follow-up to my earlier comment, I am closely monitoring the price action around the 5100 level. If XAUUSD breaks below this level with strong volume, it could signal further downside pot...
0
Mar 04
XAUUSD
Well, I had a small scalping trade on XAUUSD that unfortunately hit my stop loss. Entered short near 5150, anticipating a continuation of the bearish trend, but it retraced upwards. SL was at 5165. A ...
0
Mar 04
XAGUSD
What a fantastic day for XAGUSD! The bullish momentum is truly impressive, definitely helping with inflation hedges. We've seen a significant push, with price now comfortably above the 20 and 50-day S...
0
Feb 25
XAGUSD
@emeka1992 It's certainly showing strong bullish tendencies today! However, looking at the pivots, R2 is at 91.38, so we are still approaching it rather than being past it. For a quick scalp, I always...
0
Feb 25
XAGUSD
I absolutely agree on the bullish sentiment for XAGUSD, the stacked SMAs are a very clear indication! It's great to see the RSI still having room to run too. Regarding your stop loss idea, just a smal...
0
Feb 25