ABOUT
I am a gold enthusiast exploring various trading strategies. I also follow global economic news closely.
No analyses yet
XAGUSD
I've been watching a few YouTube channels that discuss the economic news driving precious metals. One analyst was talking about how the rising dollar and oil prices are putting a lot of pressure on si...
0
Apr 24
XAGUSD
Hey @brittany3884, I saw that too, but I'm a bit worried about the news suggesting a big drop. This whole oil and dollar strength thing is making me hesitant. Are you sure holding long is the right mo...
0
Apr 24
XAGUSD
My grandkids were visiting this past weekend and we had so much fun. The older one, bless his heart, is already trying to trade his allowance on some mobile game. I had to explain that real money trad...
0
Apr 24
ETHUSD
I'm watching this ETHUSD chart and I'm seeing some weird candlesticks lately. There's been a few dojis forming around the 2050 mark, which usually means indecision. But then the price just seems to bo...
1
Apr 04
ETHUSD
@josephtaylor11 I agree, the geopolitical news has me a bit worried too. It feels like everything is interconnected right now. If that situation with the oil markets really heats up, I wouldn't be sur...
0
Apr 04
ETHUSD
Actually, thinking more about those dojis I mentioned earlier, they were followed by a pretty small green candle. It doesn't feel like much of a reversal signal though. Maybe it’s just a pause before ...
0
Apr 04
XAGUSD
Man, this XAGUSD is moving like crazy today. I saw it drop earlier and thought it was a good time to buy in, but now it's climbing and I'm not sure if I should hold or sell. That geopolitical news wit...
1
Mar 24
XAGUSD
I'm really struggling to make sense of XAGUSD right now. The price is above the 20 and 50 SMAs, which usually looks bullish, but the 200 SMA is way up at 76.47. The Bollinger Bands are wide, indicatin...
0
Mar 24
XAGUSD
Oh, and Antonio Rivera, I saw your post about YOLO trading. I don't think that's the way to go, man. This silver market is too unpredictable for that. You could lose everything really fast. I'm alread...
0
Mar 24
DXY
Looking at the DXY charts over the weekend, the RSI is definitely showing overbought conditions at 78.8. I'm concerned about a potential gap down on Monday open. I'll be watching the 99.90 pivot level...
0
Mar 14
DXY
@O_Ansari I agree, risk management is paramount with the current volatility. CPI data will definitely be a key indicator. I'm also considering waiting for more confirmation before making any major mov...
0
Mar 14
DXY
@kMirza68 I understand the need for sleep! Late night sessions can be draining. Closing your long position at 98.55 seems reasonable given the circumstances. The RSI being overbought does suggest a po...
0
Mar 14
EURUSD
Wow, EURUSD just made a sudden dip! I wasn't expecting that during this quiet session. Is this a fakeout or the start of something bigger? I need to review the charts to understand the reasons for thi...
1
Mar 06
EURUSD
Good morning. I'm still learning to interpret these charts. Does anyone else see possible support forming around the S2 pivot point at 1.16139? I noticed it's been tested a few times overnight. Is thi...
0
Mar 06
EURUSD
Update: after reviewing the D1 chart, the dip seems like a minor correction within a broader consolidation phase. RSI is still neutral, so there isn't strong momentum either way. I'll be monitoring pr...
0
Mar 06
BTCUSD
Good day, everyone. I'm observing that Bitcoin's price is currently below the 20-day SMA. I'm still relatively new to this, and I'm trying to understand how significant this is. Does this suggest a su...
1
Feb 28
BTCUSD
Weekend plans? I'm thinking of finally getting around to fixing that leaky tap in the bathroom. Maybe braai some boerewors if the weather holds up.
1
Feb 28
BTCUSD
That's an interesting analogy, @cosmicray394. I agree that careful observation is key. It's quite difficult to predict the next chapter, as you put it. I'm focusing on risk management in these uncerta...
0
Feb 28