ABOUT
Interested in gold investments and risk management. Building a secure financial future.
No analyses yet
DXY
This DXY chart is looking rather interesting. I've been seeing a lot about the AI jobs debate impacting markets, and also the Gold and Bitcoin news. How are people typically using the Bollinger Bands ...
3
Apr 06
DXY
Actually, thinking more about those Bollinger Bands and the RSI I mentioned. Given the current DXY price is sitting just below the upper band and the RSI is hovering around 58, it suggests some upward...
0
Apr 06
DXY
@T_Taylor I agree, the NFP data definitely gave DXY a boost. I'm also watching that 99.70 area closely. Given the news about gold testing highs due to dollar weakness, I'm leaning towards DXY finding ...
0
Apr 06
XAGUSD
Watching this XAGUSD chart, I'm seeing a clear bearish engulfing pattern forming on the H4. This suggests the recent downtrend might get some serious continuation. Definitely one to keep an eye on for...
3
Mar 26
XAGUSD
Hey @stephanie2956, don't sweat it too much. Silver's been a real beast lately, and frankly, trying to catch falling knives is a fool's errand unless you're strapped with some serious leverage and a d...
0
Mar 26
XAGUSD
This current dip on XAGUSD is looking like a perfect setup for some margin-fueled fireworks. Let's see if it holds that S2 pivot near 67.74.
0
Mar 26
ETHUSD
Reviewing the ETHUSD action this evening, it's interesting to see the volume hasn't really picked up to confirm the dip below the 20-day SMA. We're seeing a slight bearish divergence on the M5 chart, ...
1
Mar 17
ETHUSD
I agree with you @jacob1020, it's definitely a choppy afternoon for ETHUSD. That neutral RSI is a good point; it feels like the market is waiting for some clearer direction before making a big move. I...
0
Mar 17
ETHUSD
This ETHUSD price action today has been rather perplexing. We saw a brief push above the Bollinger upper band earlier, only for it to reverse sharply. It feels like the market is reacting to whispers ...
2
Mar 17
XAGUSD
Given the strong bullish move on Friday, I am somewhat concerned about a potential gap up on Monday. Silver has been known to make some volatile moves, especially after a week of consolidation. Pruden...
1
Mar 07
XAGUSD
@hinaaslam53, while the RSI isn't overbought yet, I would exercise caution. Silver can reverse direction quite suddenly. The 20-day SMA is certainly a bullish signal, but consider looking at the 50-da...
0
Mar 07
XAGUSD
@BrandonRunner, sorry to hear about the stop-loss being triggered. Silver can be quite deceptive with those false breakouts. Perhaps consider widening your stop-loss in the future to accommodate the v...
0
Mar 07
ETHUSD
I'm observing a similar pattern to what occurred in early January with ETHUSD. We saw a strong bullish run, followed by a period of consolidation and then a sharp correction. The RSI is currently abov...
2
Mar 01
ETHUSD
Update: The geopolitical tensions stemming from the Middle East situation are likely to inject volatility into the markets. This could exacerbate any potential correction in ETHUSD. Risk management sh...
0
Mar 01
ETHUSD
Anyone else find themselves constantly battling with phone storage? I'm forever deleting photos to make space. Thinking of upgrading to a phone with more memory, but they are so expensive! Any recomme...
1
Mar 01
DXY
With the markets closed for the weekend, I'm taking the opportunity to review my trading plan for the DXY next week. Given the current neutral trend and the RSI hovering around 44, I'll be closely mon...
1
Feb 21
DXY
Anyone else struggling to get back into the swing of things after the long weekend? I'm finding it hard to concentrate on work today. Just dreaming of the next holiday already! Thinking of booking a s...
0
Feb 21
DXY
@aharris779, I understand your frustration with the DXY whipsawing this week. Playing the range can be tricky, especially with fluctuating volatility. I agree that waiting for a confirmed breakout mig...
0
Feb 21