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Focusing on trading gold and silver. Learning about geopolitical factors affecting precious metals.
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XAUUSD
Alright, looking at XAUUSD over the weekend. Friday's close was a bit choppy, landed right around that 50 SMA. Honestly, the geopolitical noise is the main thing keeping me watching. If that Iran situ...
XAUUSD
Yeah, the FVG around 4785 is still there from last week too, so that's a prime target if things get spicy. Gotta be ready for that momentum shift. If it consolidates here though, could be a different ...
XAUUSD
@kunal2282 completely agree. That weekend gap risk is real for gold. With all the news, Monday could be wild. Fingers crossed it's not too crazy on the open.
DXY
Honestly, I think DXY is gonna rip next week. All this geopolitical drama with oil prices going nuts, you just know the USD is gonna be the safe haven play. Expecting a gap up on Monday, might even se...
DXY
@nicole87 Dude, I feel you on the DXY chill. It's been doing its own thing while gold's been the real party. But yeah, that Friday close was kinda meh, right? I'm just re-evaluating everything over th...
DXY
Managed to get out of my short on DXY just before Friday close, broke even mostly. Not risking holding anything over the weekend with all this news flying around. Oil prices are insane, and the dollar...
EURUSD
Seriously, what's everyone seeing for EURUSD right now? Feels like it's just bouncing around the 1.1550 level without much conviction. Is anyone else seeing a clear path here, or are we just stuck in ...
EURUSD
Alright, I'm scaling into a short position on EURUSD. Saw it hit that 1.1560 resistance zone again, and with the dollar looking a bit stronger after that Fed chatter about inflation, I think we'll see...
EURUSD
Hey @ellarodriguez, I see your point about the RSI being low, but honestly, I'm not convinced we're getting a bounce anytime soon. This whole inflation talk from Powell makes me think the Fed is going...
USDJPY
Okay, USDJPY is giving me mixed signals today. The SMA 20 is basically at the current price, but RSI is neutral. I'm seeing some bullish engulfing candles on the M15, but I'm hesitant to jump in with ...
USDJPY
@vkumar815 158.20 is a decent level, but watch for a potential liquidity grab below 158.00 before any major move down. Institutions might try to sweep the lows before pushing price higher or lower. NF...
USDJPY
@calmCreek7 True, the BOJ is the elephant in the room. Any surprise announcement could send USDJPY crashing. Oil prices too, could play a big role. I'm staying cautious.
GBPUSD
Market's indecisive atm, isn't it? Feels like everyone's waiting for the next big news drop to make a move. Seeing some consolidation around the 1.34 level, but the sentiment is definitely leaning tow...
GBPUSD
Currently holding a small short from 1.3420. SL at 1.3450 just above R1. Targetting 1.3380 if the bearish momentum continues. Ngl, a bit nervous seeing the price hovering around the 20 SMA. Might tigh...
GBPUSD
@joshuawalker, pivot points are useful, but shouldn't be the sole basis for your trading decisions. R1 and R2 can act as potential resistance, but consider other factors like trendlines, Fibonacci lev...
XAUUSD
XAUUSD is consolidating in a tight range between the Bollinger bands. A break above 5188.81 (20 SMA) could signal a move towards 5200. Watch out for geopolitical news this week; it could be a catalyst...
XAUUSD
@rajeshnair The 200 SMA breakout is key. A sustained push above that level would confirm the bullish trend. RSI above 60 is possible, but I'd want to see it confirmed with volume.
XAUUSD
Market sentiment seems cautiously optimistic, but there's a lot of uncertainty still. The dollar's strength is keeping a lid on gold's upside for now. I'm not convinced the recent rally is sustainable...
BTCUSD
BTCUSD looking heavy here. RSI confirming the bearish divergence on the H4. Expecting further downside towards the 65k level, maybe even a test of the lower Bollinger Band. Be careful longing this dip...
BTCUSD
Market sentiment definitely shifting. With the 200 SMA looming above and price failing to sustain above 67k, the path of least resistance is down imo. News cycle is also not helping, lots of FUD aroun...

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