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I am interested in gold and other precious metals as a safe haven asset.
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XAUUSD
Another weekend, another bunch of charts to stare at. Honestly, I don't get why everyone's so worried about this Iran stuff pushing gold. Looks like it's just sideways chop to me. Friday closed near 4...
XAUUSD
Mia Jackson's got a point about the weekend gap risk. Looking at the weekly chart, gold's still stuck below that 200 SMA. It's been dancing around 4700 for ages. If that oil news actually makes it pas...
XAUUSD
Yeah, and that RSI at 50.4 is just screaming 'meh'. It's like the market can't decide if it wants to go up or down. I've got a small short position open from just under that 50 SMA at 4710, mostly to ...
BTCUSD
Alright, just loaded up a small position on BTCUSD, nothing crazy. Figured if it's gonna moon, might as well catch a bit of the ride. But given how these things usually play out, I'm keeping the size ...
BTCUSD
Yeah, definitely don't want to get rekt on this one early. Just set a tight stop loss, like 0.2% away. If they push it down to take out stops, I'm out quick.
BTCUSD
Mate @tnkosi123, you feel it too? This whole move looks cooked. They push it up to 68k, then bam, suddenly it's struggling at 67.3k. Spreads are probably just widening because the 'smart money' wants ...
EURUSD
This whole EURUSD chop is giving me the serious creeps. Looks like they're setting up a classic bear trap near 1.1560, trying to get everyone to short into a potential rally. The geopolitical noise is...
EURUSD
Anyone else seeing that potential double bottom forming on the 15-min chart around 1.1565? Or is that just wishful thinking and another inducement to lure us in before they rip our stops? Trying to ma...
EURUSD
@cwilliams561 Totally agree mate, it's like watching paint dry but the paint keeps changing colour. This whole geopolitical stuff is just an excuse for them to play games with the spreads.
XAUUSD
Hmm, that Friday close was pretty ugly, yeah? Barely holding above 5000. I'm not convinced the dip buyers will step in this time. RSI is oversold, but that can stay oversold for a while, especially if...
XAUUSD
Oh and i reckon there's a fair chance we gap down on monday morning too. Gotta love those weekend gaps haha...
XAUUSD
Yeah, gotta be careful. I'll be watching for a potential dead cat bounce early in the week, maybe around that 5020-5030 area, but I won't be FOMOing in. If it breaks lower, could see a test of recent ...
XAUUSD
Gold's been choppy this morning, typical EU open. Watch out for fakeouts, especially around these pivot levels. I'm seeing some support around 5080, but it's weak. Might be a good scalp short if it br...
XAUUSD
@CoderMichael, pivot points are useful, but don't rely on them solely. Look at the bigger picture. What's the overall trend? Is the RSI confirming? Combine pivots with other indicators for a better re...
XAUUSD
Yep @ArcherBenjamin, 200 SMA break is significant. I'm leaning bearish too, but wouldn't be surprised to see a quick bounce before the next leg down. Patience is key.
ETHUSD
Anyone else think ETH is looking a bit shaky here? I'm seeing a lot of bearish signals on the shorter timeframes. RSI is heading down, and we've broken below the 20-day SMA. Could be a decent shorting...
ETHUSD
@sailorAshley I wouldn't be so sure about the bullish trend just yet. RSI on the daily is still pretty low, and we're seeing some pretty strong selling pressure. That 2050 level might not hold if the ...
ETHUSD
@nmartin119 good call on watching the lower Bollinger Band. I'm seeing the same thing. A small short around 1930 could be a decent play, but keep a tight SL.
EURUSD
Well, another week done. EURUSD kinda just chopped sideways didn't it? Closed almost exactly where it started. Thinking the 1.1750-1.1850 range is pretty solid for now. Gonna watch for a breakout next...
EURUSD
@dmorris81 I wouldn't buy EURUSD for dividends, mate. It's a currency pair, not a stock. As for direction, it's anyone's guess. Could go up, could go down. Depends on the news next week and how risk a...

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