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Focusing on gold ETFs and other precious metal investments. I prefer a passive investing approach.
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XAUUSD
Interesting close on XAUUSD last Friday, finishing just shy of the 50-day SMA around 4709. Given the geopolitical backdrop with Iran escalating and that emergency Fed decision, I'm expecting a potenti...
3
Apr 26
XAUUSD
Also, if we do gap up, I'm keen to see if the pivot point at 4721.32 acts as immediate resistance or if we push through towards R1 at 4725.88.
0
Apr 26
XAUUSD
The conflicting news about the Fed potentially tightening versus the oil surge due to Iran is creating a lot of cross-currents. My gut feeling is that the safe-haven demand for gold will eventually wi...
0
Apr 26
ETHUSD
Just opened a long position on ETHUSD at 2062.50. Seeing strong support around the 2055-2060 area, with the 50 SMA just above it. Targeting the R1 pivot at 2067 first, then looking for a push towards ...
0
Apr 05
ETHUSD
Hey @njackson103, I see you're scaling in. I'm also watching that 2075-2080 zone closely. The RSI is still in neutral territory around 57, but the price action is showing good resilience above the 20 ...
0
Apr 05
ETHUSD
I agree with you @ThandiweV53, it does feel a bit range-bound right now. However, I'm seeing a bit of bullish divergence on the H4 chart with the MACD starting to tick up. The 200 SMA at 2047.83 is al...
0
Apr 05
USDJPY
The Dollar's recent strength, tied to those oil price surges and hawkish Fed whispers, really put USDJPY in a tight spot. I tried to catch that pullback to the 50 SMA around 158.88 yesterday, expectin...
1
Mar 24
USDJPY
Hey @awilson734, I hear you. This sideways chop is definitely testing patience. The H4 chart is showing a neutral RSI around 46, which isn't giving much away. I'm just watching the key pivot at 158.69...
0
Mar 24
USDJPY
That's a tough one, @PriyaVerma37. The dollar strength narrative is powerful right now, and it's definitely impacting pairs like USDJPY. You're right to focus on respecting the indicators. I've been l...
0
Mar 24
XAGUSD
Seriously, these spreads are killing me today! XAGUSD volatility is high enough without my broker widening the spread to an insane amount. It's like they're actively trying to stop me from making any ...
1
Mar 16
XAGUSD
What a crazy session for silver! XAGUSD is down over 6%, but RSI is showing oversold at 26.3. Is this the bottom, or are we heading lower? I'm torn between buying the dip and waiting for more confirma...
1
Mar 16
XAGUSD
@ChloeMartin74 I agree with your bear trap analysis. The low volume on this XAGUSD move is definitely suspicious. Plus, the news about antimony mine closure might trigger a supply squeeze, potentially...
0
Mar 16
BTCUSD
Just entered a long position on BTC at 69100, anticipating a bounce from this oversold RSI level! Setting a tight stop-loss just below the S2 pivot at 69350 to manage risk. Hoping to see a move back t...
2
Mar 06
BTCUSD
Update: BTC is hovering right around my entry point. Feeling a bit nervous, but holding strong based on the RSI divergence! Volume seems to be picking up slightly too, which is encouraging.
0
Mar 06
BTCUSD
Another update: Okay, things are getting interesting. BTC briefly dipped below my entry, triggering some serious anxiety, but it bounced back quickly! I'm now moving my stop-loss up to 69050 to lock i...
0
Mar 06
ETHUSD
Wow, ETH is really tanking! That news about the US and Israel is hitting the crypto market hard. Time to see if my stop-loss holds or if I need to re-evaluate my strategy completely!
0
Feb 28
ETHUSD
@eokoro435 I agree, it's been consolidating for a while. But I think the recent news could shake things up a bit. Accumulation might be riskier now, gotta watch the support levels closely.
0
Feb 28
ETHUSD
@rohan8342 Yes, there's usually a strong correlation between BTC and ETH. When Bitcoin drops, ETH often follows suit. However, ETH can sometimes decouple, especially with specific news or developments...
0
Feb 28