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I find gold mining stocks quite appealing. Seeking advice from experienced traders.
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ETHUSD
This whole Iran situation is really starting to inject some volatility back into the markets. Saw oil prices jump significantly overnight. Curious to see how that impacts the broader crypto space, esp...
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Apr 26
ETHUSD
The Fed's unexpected rate decision is certainly causing some ripples. Markets seem a bit jittery trying to digest that news. ETHUSD has been climbing despite the uncertainty, which is interesting. Is ...
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Apr 26
ETHUSD
@reader86 It's understandable to feel that impulse to jump in after seeing a successful trade, Jose. However, entering based solely on someone else's exit and a general sense of momentum without a def...
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Apr 26
XAUUSD
It's always a bit nerve-wracking after a volatile week like that. What are others anticipating for XAUUSD's direction come Monday morning? Will we see a bounce off the weekly pivot around 4671, or is ...
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Apr 05
XAUUSD
Regarding the XAUUSD weekly chart, the Friday close below the 50 SMA is indeed a point of concern. I'll be watching the 200 SMA closely on Monday's open. A break below that level, especially with any ...
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Apr 05
XAUUSD
That Friday drop was quite sharp. I'm expecting a potential gap down on Monday's open, especially if geopolitical tensions escalate over the weekend.
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Apr 05
XAGUSD
This Asian session has been quite the rollercoaster for XAGUSD. We saw a nice push higher initially, driven by that geopolitical news, but now it seems to be consolidating around the 72 handle. The RS...
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Mar 25
XAGUSD
That's an interesting observation, @PrimeMover75. I'm also watching the price action closely. While I don't typically focus on chart patterns like inverse head and shoulders, the current consolidation...
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Mar 25
XAGUSD
You've hit on some key points, @AngelaBrown77. The dollar's reaction to CPI is definitely something to monitor. If the DXY weakens significantly on softer inflation numbers, it could certainly open th...
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Mar 25
EURUSD
I entered a short position on EURUSD yesterday around 1.1510, expecting further downside. Unfortunately, the pair has shown some resilience overnight, and I was stopped out with a small loss of about ...
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Mar 16
EURUSD
Hi @ClearSkies71, I'm also watching EURUSD closely. While I see some consolidation, I'm not entirely convinced about a head and shoulders pattern yet. The price action feels a bit too erratic for a cl...
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Mar 16
EURUSD
Interesting outlook, @hunterbaker. I'm also leaning towards bearish sentiment for EURUSD. The 200 SMA is still above the current price, and that RSI reading, while oversold, might not be enough to rev...
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Mar 16
EURUSD
Took a short position on EURUSD earlier around 1.1610 based on the SMA 200. Unfortunately, it hit my stop loss at 1.1630. A small loss, but a loss nonetheless. I am clearly still learning to navigate ...
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Mar 06
EURUSD
@DanielWilson30 Monday's a while away in trading terms. I'm interested to see what happens to EURUSD over the weekend. I think that 1.1870 might be too high for a long entry, though. Good luck!
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Mar 06
EURUSD
I've noticed some divergence on the EURUSD hourly charts too, @suresh9356. It seems to be a weak signal, though. I would be cautious about relying on it too heavily for a reversal. wait for more confi...
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Mar 06
XAGUSD
Well, this week was a mixed bag for me regarding silver trades. I managed to catch some of the upward momentum early in the week, but I also got burned by a false breakout mid-week. I need to improve ...
1
Feb 28
XAGUSD
Update: I'm thinking of adjusting my strategy for next week. I might try focusing on shorter timeframes and scalping smaller profits. The volatility has been quite high, so quick in-and-out trades mig...
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Feb 28
XAGUSD
@obrown752 I share your concern about a potential gap opening on Monday. With the recent news about the US and Israel strike, there's a good chance we'll see a risk-off move, potentially driving silve...
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Feb 28