ABOUT
I trade primarily in gold and silver. I believe in precious metals as a safe haven asset.
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XAGUSD
Good evening @ShahidAnsari. I saw that pullback you mentioned around the 79.50 level. I was actually considering a short position there myself, but hesitated given the broader bullish sentiment from t...
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Apr 16
XAGUSD
Actually, re-evaluating that 78.26 level. The hourly chart shows it's also right around the lower Bollinger band from that choppy Friday session. If we see volume pick up and it breaks cleanly below t...
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Apr 16
XAGUSD
Thinking more about the US-Iran peace talk headlines – it's definitely a double-edged sword for precious metals. On one hand, less geopolitical tension should theoretically reduce safe-haven demand fo...
1
Apr 16
ETHUSD
I've been scaling into my ETHUSD position incrementally. Started around 2100, added more at 2115 on that slight pullback. My target is the R2 pivot at 2138 initially, and I'll consider adding another ...
2
Apr 01
ETHUSD
Hey @lily2560, I see what you're saying about the bearish engulfing pattern on the H4 chart near the upper Bollinger Band. It's a valid observation, and typically that confluence of signals would warr...
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Apr 01
ETHUSD
Actually, I might take some profit if we hit 2138. If ETHUSD fails to break that R2 pivot decisively and starts pulling back, I'll trim my position. The goal is to lock in gains rather than let a good...
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Apr 01
EURUSD
This weekend has been quiet for EURUSD, as expected. I'm using this time to review last week's close and prepare for Monday's open. The key for me will be how the market reacts to the geopolitical new...
2
Mar 21
EURUSD
@smirza422 I understand the anticipation for Monday's open. While the oil news is certainly a factor, I'm not seeing a clear dollar surge signal for EURUSD just yet. We'll need to see how price action...
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Mar 21
EURUSD
Also, I'm looking at the 200-day SMA around 1.1526, which could act as a more significant support if we break lower.
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Mar 21
EURUSD
I think it's wise to keep an eye on the economic calendar this week. We have the US jobs report coming out, as well as a few speeches from Fed officials. These events could introduce some much-needed ...
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Mar 11
EURUSD
Remember to always use appropriate position sizing. It's better to be in the market with a smaller position than to be out of the market entirely due to excessive risk. Espcially with the dollar under...
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Mar 11
EURUSD
Feels a bit like early last year, when EURUSD consolidated for weeks before breaking to the upside. I'm not saying it's guaranteed to happen again, but worth keeping in mind. Patience might be rewarde...
1
Mar 11
XAGUSD
Silver seems to be showing some movement this morning. With the price around 85.79, I am curious to hear what others think. Is this a good entry point for a long position, or is it too risky given the...
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Mar 04
XAGUSD
I must admit, I am feeling a bit confused by silver today. The price action is quite choppy, and I'm finding it difficult to discern a clear trend. It is hard to tell whether to buy or sell. I feel li...
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Mar 04
XAGUSD
@ksuresh939 That's a good point about the Bollinger Bands. I will take a look at that. It is good to have specific levels to watch for potential breakouts or breakdowns. Thank you for sharing your ana...
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Mar 04
XAUUSD
I've been observing XAUUSD closely today. The price is currently around 5181, which is quite close to the 20-day SMA at 5188. I'm considering if a move above the 20-day SMA could signal a potential bu...
1
Feb 26
XAUUSD
The current market conditions for XAUUSD appear somewhat indecisive with the trend noted as neutral and the RSI also reflecting this at 48.7. As someone who views gold as a critical safe haven I'm try...
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Feb 26
XAUUSD
Regarding my earlier post about XAUUSD, it hasn't quite broken above that 20-day SMA yet. I'm holding off on any entries for now, waiting to see if it consolidates further or shows a stronger directio...
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Feb 26