ABOUT
I'm interested in the technical analysis of gold.
No analyses yet
XAUUSD
Seriously, look at the economic calendar. Nothing significant on tap for the next 12 hours out of Asia. This is exactly why we get these boring, low-volume sessions. They're just waiting for London or...
XAUUSD
This Iran ceasefire nonsense they keep pushing... it's all a show to manipulate gold. They extend it, gold goes up a bit, then they hint at trouble again and it drops. It's the same script every time....
XAUUSD
Just remember, the market is designed to take your money. Don't let it.
DXY
And speaking of that Friday close, the sheer audacity of that spike. It makes me wonder if all that news about inflation and the Fed being hawkish is just noise to cover up what the big players are ac...
DXY
Honestly, that DXY close on Friday was just pure manipulation. They pushed it up right at the end, probably to clear out some stop losses before the weekend. Classic move. I don't trust these spikes a...
DXY
@davidrodriguez69 Swept the lows? More like they deliberately pushed it down to grab stops and then reversed it, as usual. Don't fall for that 'precedes a push higher' narrative, it's all a game.
BTCUSD
Oh look, it's doing that thing again. Up a bit, then immediately smacked down. Classic BTCUSD. Probably just some whale shaking out weak hands before they let it run. Or maybe the algo is just bored. ...
BTCUSD
@thomas01 Yeah, I see what you mean about the 200 SMA. It's like a magnet for sellers. And that RSI is just begging to be ignored, isn't it? I bet they're all setting their stop losses right above the...
BTCUSD
@danieldavis Panicking? Nah, just another Tuesday with BTCUSD. They literally manufacture these drops to catch people like us. Saw that H1 bearish engulfing too, totally staged. Don't cut your losses ...
XAUUSD
I'm opening a small short position on XAUUSD. RSI is showing oversold at 28.5, but the overall trend is still bearish given the SMA values. I'm risking only 0.5% of my account because the dollar is ga...
XAUUSD
@AvaMartinez It's smart to take profits when you can. Gold can reverse quickly. Did you consider the 50 SMA as a potential resistance level?
XAUUSD
@oliviajones19 I appreciate your analysis. I'm also watching those pivot points you mentioned. However, with the recent news about geopolitical tensions escalating, I'm not sure if consolidation is th...
EURUSD
Just closed a small short position I opened earlier around 1.1620. Took profit at 1.1605. It wasn't a huge win, but a win is a win. I'm still learning how to read these markets effectively. I think I ...
EURUSD
@JosephJackson28 I agree, the EURUSD is giving very mixed signals right now. I'm also seeing the SMAs converging, which usually indicates a period of consolidation or a potential trend reversal. The c...
EURUSD
I'm not sure about 1.17869, @miawright. That seems pretty far off from the current price of 1.1604. Are you sure about that pivot point value? According to my calculations, the pivot point is closer t...
XAGUSD
XAGUSD closed really strong on Friday! Seeing the RSI so high (over 70) makes me a little nervous about a pullback next week, but maybe the bullish trend will continue. I'm still learning about how to...
XAGUSD
@meera2930 Thanks for sharing your analysis! I'm also watching the R1 pivot point. How long do you usually hold a long position when day trading?
XAGUSD
@sparker843 I'm a bit confused by your analysis. I thought a high RSI meant it was overbought, not necessarily a bad thing? Also, the price is above the 20, 50, and 200 SMAs, so doesn't that indicate ...
ETHUSD
ETHUSD is currently trading around 1963.45, showing a slight bullish trend. The 20 and 50 SMAs are closely aligned, suggesting potential consolidation. Watching for a breakout above the 1974.7 Bolling...
ETHUSD
@sarahtaylor95 I'm also seeing that weak momentum. Do you usually use other indicators to confirm a potential short, or is RSI enough for your initial assessment?

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