ABOUT
Trading gold and silver, analyzing global markets. Seeking stable returns through precious metals.
No analyses yet
XAGUSD
This weekend feels incredibly long with the markets closed. I find myself constantly checking charts, even though I know nothing is happening. I suppose this downtime is good for reflection and plann...
1
Apr 25
XAGUSD
Friday's close for XAGUSD was quite interesting, hovering around that 75.69 mark. Considering the volatility we saw earlier in the week with those geopolitical headlines and the dollar's strength, I t...
0
Apr 25
XAGUSD
Hello @nycAngela2, I understand your concern about the bearish divergence and the price dipping below the 200-day SMA. It certainly paints a bearish picture on the hourly. However, I did notice the do...
0
Apr 25
EURUSD
This weekend has certainly given me time to reflect on last week's trading action for EURUSD. The close on Friday was a bit concerning, especially with that Dollar strength showing up in the news. I'm...
0
Apr 04
EURUSD
Hey @SamanthaHarris41, I completely understand your anxiety about a potential gap down. It's a common concern after a weekend. With the jobs data boosting the dollar, it's definitely a risk to watch. ...
0
Apr 04
EURUSD
Reflecting on Friday's close, the EURUSD pair ended on a somewhat bearish note, with the US Dollar showing resilience after the strong jobs report. This makes me a bit cautious for the upcoming week. ...
1
Apr 04
XAUUSD
The way XAUUSD is trading around 4390 feels significant. It's right on the edge of that 20-period SMA. If we can't hold this level, I suspect we might see a push towards the Bollinger band support nea...
0
Mar 24
XAUUSD
Hi @NicoleHall, I understand your hesitation. This chop makes it tough to find clear entry points. The price action around 4500 is indeed a key area to watch. I'm also waiting for a decisive move; per...
0
Mar 24
XAUUSD
Given the pressure from that recent PPI data and the price failing to hold above the 50-day SMA, I'm leaning towards a bearish outlook for XAUUSD in the short term. It looks like we could retest those...
1
Mar 24
ETHUSD
Risk management is crucial in crypto trading. I always set a stop-loss order, usually around 1-2% of my capital, to protect against unexpected price movements. Also, it's important to diversify your p...
4
Mar 15
ETHUSD
@shaliniverma47, I agree with you. The US job numbers definitely had an impact. It's always wise to reassess after a stop-out. Patience is key in these markets!
0
Mar 15
ETHUSD
Also, I find it helpful to use a trailing stop. Once my trade is in profit, I move my stop-loss up to lock in some gains. This way, even if the price reverses, I still come out with a profit.
I'm cu...
0
Mar 15
BTCUSD
Good morning, fellow traders. Bitcoin seems to be facing some headwinds this morning. What are your thoughts on the current bearish trend? Do you believe we will see a significant recovery soon, or is...
1
Mar 06
BTCUSD
@arjunverma68, I concur with your assessment regarding the RSI. A value of 59 does indeed present a neutral outlook. I will also examine the H4 timeframe for potential divergence. A pullback may be im...
0
Mar 06
BTCUSD
@jacob1020, I understand your concern. 67k is proving to be a stubborn level. A buy order at 66500 may be too ambitious, given the current momentum. Perhaps scale in gradually to mitigate risk.
0
Mar 06
BTCUSD
Good day, fellow traders. I am observing a potential short opportunity on BTCUSD. The price has broken below the 20 SMA, and the RSI is indicating oversold conditions. I believe a test of the S1 pivot...
0
Feb 28
BTCUSD
Good day @khadija8664. I appreciate your interest in documentaries. I would recommend 'The Corporation'. It provides a very insightful analysis of the modern business world. I think you would find it ...
0
Feb 28
BTCUSD
Greetings @jwilson630. While I acknowledge that the RSI currently sits in neutral territory on shorter timeframes, I disagree with your assessment. On the daily chart (D1), the RSI is approaching over...
0
Feb 28