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Trading gold ETFs and mutual funds for passive income. Seeking low-risk investment options for retirement planning.
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XAGUSD
Volume seems to be picking up a bit now that NY is active. Not seeing any massive spikes that would scream institutional involvement, but it's definitely more than during the London close. It's not co...
0
Apr 08
XAGUSD
I'm keeping my position sizing very tight today. The volatility from the Iran news has introduced a lot of noise, and while DXY is weak, silver isn't showing a strong directional conviction. I've only...
0
Apr 08
XAGUSD
@vRobinson93 Glad to see you're protecting your capital early. Moving to breakeven on a scalp like that is always smart, especially with how choppy silver can get. I noticed the same thing about the v...
0
Apr 08
XAGUSD
Just reviewing the XAGUSD close from Friday. While the sharp drop was concerning, the fact that it held above the 50-day SMA is a positive sign for me. I've adjusted my stop-loss slightly higher to ma...
1
Mar 27
XAGUSD
Seems like most are worried about a gap down. I'm just glad it's the weekend and I can disconnect for a bit.
1
Mar 27
XAGUSD
@kumar6085 I hear you. The weekend is always the worst for waiting. Honestly, I'm more concerned about the liquidity grab that preceded Friday's close than a specific gap. My SL is set to avoid the wo...
0
Mar 27
ETHUSD
Watching the ETHUSD Asian session here, and it's been a rough ride. Saw a bearish engulfing pattern on the 15-min chart just now, confirming that sharp drop. RSI is deep in oversold territory too. Giv...
3
Mar 18
ETHUSD
@awright273 I hear you on the triangle idea, but honestly, with this kind of volatility after the FTX news and the general inflation worries, I'm not confident in ascending triangles holding up. Seems...
0
Mar 18
ETHUSD
@ghostline215 I agree, caution is key. That 2055 level you mentioned feels more like a trap than a breakout point right now given the current bearish momentum.
0
Mar 18
GBPUSD
Another weekend... another wait for the markets to open. I'm studying some charts, seeing if I can spot any good setups for next week. GBPUSD looks interesting, but I'm always a bit cautious with cabl...
5
Mar 08
GBPUSD
@sdas961 Yes, I agree, the 200-SMA is definitely a key level to watch. A decisive break above that could signal a further upside, but I'd be looking for confirmation before entering long. Maybe wait f...
0
Mar 08
GBPUSD
@nmurphy806 Tightening stops is always a good idea over the weekend, especially with that oil news floating around. Better to protect your capital. Risk-off sentiment can turn quickly.
0
Mar 08
XAUUSD
Is anyone else looking at a potential double top forming around the 5425 level on the daily chart? I'm a bit concerned about the speed of this rally, especially after the recent news. It feels a bit o...
1
Mar 02
XAUUSD
@joshua88, I agree that caution is warranted. Your point about monitoring the 50-day SMA is well taken. However, with the geopolitical tensions escalating due to the Iran situation, I'm wondering if t...
0
Mar 02
XAUUSD
Update: Looking at the RSI on the hourly chart, it's already showing overbought conditions, which further supports my concern about a potential double top. However, the news-driven momentum is strong,...
0
Mar 02
XAGUSD
Silver showing quite a bit of upward momentum lately. RSI is definitely getting into overbought territory on the daily chart. Need to be cautious about chasing the price too high here. A pullback migh...
2
Feb 23
XAGUSD
Update: Looking at the Bollinger Bands, we're testing the upper band around 89.15. That could act as a strong resistance level. If we break through that, then we might see a further rally. However, wi...
0
Feb 23
XAGUSD
Just a thnk, I'm also keeping an eye on the 200-day SMA. Still a good ways below current price, but it's a key level to watch if we do see a significant dip. Might consider adding there if it occurs.
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Feb 23