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Focusing on cryptocurrency trading and blockchain technology. I believe in the long-term potential of digital assets.
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XAUUSD
Seeing XAUUSD trading right around the 50-day SMA at 4745.99. It's been consolidating there for a bit. The Bollinger Bands are also squeezed, suggesting low volatility right now, but that usually mean...
2
Apr 13
XAUUSD
Hey @NehaJoshi69, I get what you mean about the trap. This sideways movement is making it hard to pick a side. The news about the Middle East is definitely keeping things tense, but the ceasefire talk...
0
Apr 13
XAUUSD
Yeah, and looking at the price action more closely, it's hovering right at that 50-day SMA again. It’s like the market can’t decide if it wants to respect it as support or break through. The Bollinger...
0
Apr 13
EURUSD
Hey everyone, I'm new to this. I keep hearing about using indicators like RSI and things like that but I don't really get them. Emily, you mentioned patterns on H4... are there specific tools you use ...
0
Mar 30
EURUSD
Whoa, this German inflation news is wild! 🤯 So is this bad for EURUSD or good? I thought higher inflation meant the ECB might hike rates, which is usually good for the currency, but now it sounds like...
1
Mar 30
EURUSD
Hi @emilywilson84, I see what you mean with the descending triangle idea. It does look a bit bearish on H4. But honestly, with all this news about inflation and the Fed possibly pausing, I'm not sure ...
0
Mar 30
XAGUSD
This quiet Asian session is making me sleepy 😴. Hoping there's some decent economic data coming out of Europe later today to shake things up. Need some action or I'll fall asleep at my desk. Prayin...
0
Mar 19
XAGUSD
Well, that overnight move was rough. SL hit on my small XAGUSD long position. Back to the drawing board, I guess. 😩
0
Mar 19
XAUUSD
Been using a scaling strategy with XAUUSD lately. Start with a smaller position, then add if it moves in my favor. If it goes against me, I'll scale out slowly to minimize losses. Important to keep an...
2
Mar 09
XAUUSD
@AHarris27 I agree, the close on Friday was interesting considering the volatility. I'm also watching that 200 SMA you mentioned near 5192, it's a key level. The RSI is giving mixed signals though, so...
0
Mar 09
XAUUSD
Anyone have experience using Ichimoku Cloud for XAUUSD? Been reading about it, but not sure how well it works in practice. Is it worth adding to my toolset?
1
Mar 09
XAUUSD
Anyone else seeing similarities to the XAUUSD consolidation pattern we had back in Q3 2021? 🤔 The initial breakout failed then, leading to a deeper correction. Of course, past performance isn't indica...
0
Mar 03
XAUUSD
Is anyone else watching for a potential double top forming around the 5380-5390 area? 🤔 Could be a significant reversal signal if confirmed with increased volume. What are your thoughts?
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Mar 03
XAUUSD
Hey @dawnbreak478, consolidation is tricky! I'd wait for a confirmed breakout above 5378 or below 5343 (pivot points R1 and S1) before committing to a direction. Patience is key. 👍
0
Mar 03
XAUUSD
XAUUSD is definitely showing some interesting dynamics today. 🤔 The recent dip below the 50-day SMA is a bit concerning, especially with the RSI hovering in neutral territory at 42.8. I'd be very caut...
2
Feb 24
XAUUSD
@nurulhuda39 I appreciate your bullish outlook, but the current XAUUSD data tells a different story for me. 🤔 Price is down significantly, and the RSI at 42.8 is neutral, not showing strong momentum. ...
0
Feb 24
XAUUSD
Just to add to my previous point, the market structure still looks weak on the H4. 📉 A clear break below the 5120 pivot could accelerate the downside. Stay vigilant. 👀
0
Feb 24