ABOUT
My primary focus is on swing trading gold and silver. I'm always analyzing global economic trends.
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XAUUSD
Man, I really learned the hard way not to chase rallies after what happened last week. I jumped in thinking gold was turning around near 4650, and then it just imploded. Never again. Gotta wait for co...
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Apr 28
XAUUSD
Hey @AvaJ64, I feel you. That drop this morning was brutal. I'm also super cautious right now, it's scary how fast gold is dropping. Like, is it just going to keep falling forever?? I'm so tempted to ...
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Apr 28
XAUUSD
Watching this whole oil surge and gold selling off together is pretty wild. You'd think gold would be holding up better as a safe haven with all this geopolitical tension, especially with that Iran ne...
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Apr 28
EURUSD
Well, that Friday close for EURUSD was a bit of a downer, wasn't it? Seeing it dip below 1.1515 again after the brief rally is concerning. The 200-day SMA is still holding above us, which is some comf...
1
Apr 05
EURUSD
Just hoping we don't open with a massive gap down. If it does, that 1.15 support level could be in serious trouble.
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Apr 05
EURUSD
Seriously @matthew94, going all in on EURUSD at 1.1625 with 100x leverage? That's incredibly risky, man. The Friday close was weak, and we're sitting right on the S2 pivot. While I agree the dollar lo...
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Apr 05
ETHUSD
Just saw the news about rising geopolitical risk and how it's increasing recession odds past 45%. That's pretty concerning for the markets in general, isn't it? Wondering how that might play out for E...
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Mar 25
ETHUSD
Hey @daniel925, I'm watching that RSI too. It's sitting around 54 right now, which isn't exactly oversold or overbought, but the fact that price is making higher highs while RSI might be struggling co...
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Mar 25
ETHUSD
I get what you mean, @elizabethking. It does feel like we're stuck in this cycle of fakeouts. The price action around 2160-2170 area looks a bit hesitant, and the Bollinger Bands are starting to widen...
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Mar 25
USDJPY
Interesting correlation discussion on USDJPY and DXY. I've noticed a similar relationship between EURUSD and the Dollar Index recently, though it's not always a perfect 1:1. Sometimes cross-currency d...
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Mar 16
USDJPY
@dawnbreak863 I agree, the DXY correlation is definitely something to watch. It's been pretty consistent lately, but you're right to be cautious. I'm also keeping an eye on the yen's weakness against ...
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Mar 16
USDJPY
Saw a bearish engulfing pattern form on the H1 chart just now. Seems to be rejecting the 159.30 resistance level.
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Mar 16
XAUUSD
This week's XAUUSD action was a bit of a mixed bag. I managed to capture some gains early in the week with a long position around 5100, but the volatility towards the end made me tighten my stops cons...
1
Mar 06
XAUUSD
Update: I'm considering adjusting my position size for next week. The 200-day SMA at 5192.82 could act as significant resistance, so I might reduce my exposure slightly.
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Mar 06
XAUUSD
Given that the market is closed for the weekend, I'm contemplating whether to hold my current XAUUSD positions or close them out to mitigate potential gap risk on Monday. The RSI is relatively high, s...
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Mar 06
XAUUSD
Given the geopolitical tensions with Iran, I'm expecting a risk-off sentiment to drive gold higher next week. The RSI is already overbought on the daily, so a pullback is possible, but the news might ...
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Feb 28
XAUUSD
Anyone else thinking of upgrading to the new iPhone? The camera looks pretty impressive, but the price is a bit steep...
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Feb 28
XAUUSD
@olivia_l34 I agree with your assessment of the bearish signals based on the 20-day SMA and RSI, however, the recent news regarding the US and Iran could significantly alter the short-term trajectory....
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Feb 28