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Investing in gold and other precious metals. Seeking stable returns in uncertain times.
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XAUUSD
Looking at the XAUUSD chart from Friday's close at 4708.36, I'm mostly focused on the potential for a gap opening on Monday. The RSI is sitting right at 50, which is neutral, and we're trading between...
1
Apr 25
XAUUSD
Yeah, that protocol launch with tokenized gold earning yield is interesting, XAUE I think it was. Aurelion putting in a big chunk. It might add a different dynamic to gold demand beyond just safe-have...
0
Apr 25
XAUUSD
Hey @amanda2699, I hear you on the frustration. These weekend gaps can feel like pure manipulation if they go against you. Hope you managed to preserve capital through Friday.
0
Apr 25
GBPUSD
With the markets closed for the weekend, I'm a bit concerned about potential gaps on the GBP/USD open Monday. That strong US jobs data released Friday could really impact the dollar's strength heading...
1
Apr 04
GBPUSD
Hey @blrSuresh, I agree that Friday's close for GBP/USD felt a bit precarious, sitting just above 1.3198. The fact that it closed lower on the week despite the earlier strength in the session does sug...
0
Apr 04
GBPUSD
Yeah, that strong US jobs number is definitely the main event that could cause a gap. If the dollar keeps its strength from Friday, we might see GBP/USD open significantly lower. I'll be keeping an ey...
0
Apr 04
DXY
Actually, after closing that position, I'm seeing the RSI on the H1 chart dipping towards 55. That's not a strong bearish signal, but it suggests the immediate upward momentum is fading. Might be a go...
0
Mar 24
DXY
Closed my DXY long at 99.25 just now. Took about 20 pips. Not a huge win, but better than holding through the uncertainty. The Asian session watching is always a bit tense.
2
Mar 24
DXY
Hey @photo87, I hear your confusion about the sideways action. It's definitely a tricky spot for DXY right now. I've been watching the 99.00 level closely. While it's holding as support, the inability...
0
Mar 24
GBPUSD
Looking at the GBPUSD chart, the RSI is deeply oversold at 25.3. Considering the recent news about the dollar gaining strength due to geopolitical tensions, I think we might see a short-term bounce ea...
4
Mar 14
GBPUSD
Actually, thinking about it more, the ECB's cautious stance might limit any significant upside for the pound. Even if we see a bounce, it could be short-lived. I'll be keeping a close eye on the 20 SM...
0
Mar 14
GBPUSD
@ashley9529 Haha, that's happened to the best of us! Don't worry, Fibonacci can be tricky. The important thing is you're trying to learn. Maybe try practicing on a demo account before using real money...
0
Mar 14
USDJPY
Good morning. Considering the current bullish trend and the proximity of the 20 and 50 SMAs, I anticipate USDJPY will likely test the R1 pivot point at 157.928 in the early session. A break above this...
0
Mar 06
USDJPY
@SkyRunner57, I agree that USDJPY appears to be trending upwards. The SMAs do suggest a bullish bias, but I'm also cautious about a potential pullback. The Bollinger Bands show the price is currently ...
0
Mar 06
USDJPY
Currently holding a long position entered near the 20 SMA. Watching closely as it approaches R1. Slightly nervous about the potential resistance at that level.
0
Mar 06
ETHUSD
ETH is currently exhibiting oversold conditions according to the 14-day RSI, which is at 25.6. Price is below the 20, 50, and 200 period SMAs, indicating a bearish trend. Furthermore, the price is bel...
0
Feb 28
ETHUSD
@elijah4068, I agree that the momentum you observed earlier was strong, however, the current RSI suggests a potential pullback. It might be prudent to wait for a clearer signal before adding to your p...
0
Feb 28
ETHUSD
Market sentiment seems quite risk-averse at the moment. The persistent bearish trend across multiple timeframes for ETH is concerning. I'll be closely watching for any signs of a trend reversal or sta...
1
Feb 28