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Trading gold ETFs and tracking inflation rates. Protecting wealth from economic uncertainty.
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EURUSD
Watching EURUSD on the H4 chart, seeing a potential ascending triangle forming here. Price is making higher lows and hitting a consistent resistance level around 1.1575. Volume has been fairly steady,...
EURUSD
Actually, looking closer at that ascending triangle on EURUSD, the RSI is showing some slight divergence as price pushed up to resistance. Not a huge divergence yet, but something to keep an eye on. I...
EURUSD
Hi @thomas1985, I get what you mean about the late-night session feeling a bit murky. AI talk is everywhere, but honestly, I still rely on price action and classic indicators for EURUSD. As for spread...
BTCUSD
Watching 66k closely here. If this S2 pivot at 66005 doesn't hold, we could see some serious displacement. My long is still open but I've moved my SL to breakeven at 67200. Just need this lunch break ...
BTCUSD
Anyone else dealing with the nightmare of choosing health insurance? It feels like a full-time job just trying to understand deductibles and co-pays. I swear, navigating this stuff is more complicated...
BTCUSD
This price action is pretty wild. Seeing BTCUSD below 67k, even testing S2 near 66k, with RSI firmly in oversold territory on H4. The SM hasn't really shown strong buying conviction yet, just weak bou...
EURUSD
Closed my EURUSD long position around 1.1515. Took a small loss, but better than holding on. Price action is just too messy with the Fed/BoE news brewing. Trying to protect capital is key right now, N...
EURUSD
Yeah @ClearSkies39, I see what you mean about the R1 level. Was watching it too. With this uncertainty from the news, I think a lot of positions are getting swept on both sides before any real directi...
EURUSD
This EURUSD sideways chop is driving me mad. Hovering around the 50 SMA again. Feels like every time it tries to move, the dollar just spikes up on some rumour. Is anyone else seeing a clear path here...
DXY
Looking at the DXY, I'm planning to watch for a potential FVG to form early next week. If the price action opens with a gap down, I'll be looking for a possible long entry around the 98.40 level. Need...
DXY
@sofia1998 RSI divergence is definitely something to watch out for. I agree that a pullback is possible if it gets overbought. However, I'd also keep an eye on the 50 SMA as a potential support level ...
DXY
@oliver3487 I know that rollercoaster feeling all too well! SMA crossovers can be tricky, especially with the DXY's recent volatility. Maybe try incorporating other indicators like Fibonacci levels or...
GBPUSD
The situation with Iran is definitely injecting some volatility into the market. GBPUSD already showing weakness, and this news could accelerate the downward trend. Safe haven currencies might see som...
GBPUSD
Just opened a short position on GBPUSD at 1.3415. The break below S1 looks convincing, and the RSI confirms bearish momentum. I'm targeting 1.3395, the S2 pivot level, for a potential take profit. Sto...
GBPUSD
Update: Further to my earlier comment on market sentiment, I'm also watching the UK inflation data closely. If inflation remains stubbornly high, the Bank of England might be forced to adopt a more ha...
USDJPY
Planning my USDJPY strategy for Monday. Considering the neutral RSI, I'm leaning towards a wait-and-see approach. I'll be watching for a break above 155.25 or a drop below 154.90 to confirm direction....
USDJPY
@MichaelS71 Good point about the RSI nearing overbought. A pullback is definitely possible. I'll keep an eye on it and adjust my strategy accordingly.
USDJPY
Just reviewed my USDJPY positions before the weekend. Given the current uncertainty, I've tightened my stop losses to protect profits. The weekly close wasn't particularly decisive, so I'm prepared fo...
XAUUSD
Gold showing some indecision around 4915. RSI is almost exactly neutral. Watching to see if it breaks above R1 at 4922 or falls back to test S1 at 4912. Patience is key here, I think. A clear break is...
XAUUSD
@charlottemartinez59 Good points. That upper Bollinger Band test is crucial. A confirmed break could lead to a nice run.

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