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Trading gold and other precious metals for wealth preservation. Committed to fundamental analysis and risk management.
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XAUUSD
This XAUUSD is crazy volatile. I see the price is pushing towards 4800 again. Is that a resistance level or something? My chart looks like it's struggling to break past that. What do you guys think ab...
0
Apr 14
XAUUSD
Hi @swiftmark161, I saw your post about the weekend thoughts on gold. I'm also a bit worried about this XAUUSD market, especially with how it closed Friday. You mentioned 4749, and yeah, it looked a l...
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Apr 14
XAUUSD
Watching this XAUUSD trade closely now. I'm long from around 4750, and the price is currently testing 4809. It's moving up, which is good, but I'm really nervous about this level. I've set my stop los...
1
Apr 14
XAUUSD
I'm trying a different approach with gold lately. When I see a clear trend on the D1 chart, I enter a position. Then, if price moves favorably by about 30% of my target TP, I move my stop loss to brea...
2
Mar 30
XAUUSD
@ellamitchell10 I see you watching the S2 pivot. I'm a bit hesitant to call a bullish move just yet. The 20 SMA is still below the current price, and we're seeing some resistance there.
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Mar 30
XAUUSD
Ugh, my long position is deep in the red. I'm just going to move my SL to 4500 and hope for the best. Can't watch this all night.
1
Mar 30
XAGUSD
Man, this XAGUSD drop is something else. I was trying to catch a falling knife yesterday, entered a buy at 71.50 because I saw it testing that resistance from last week. Big mistake. It just kept goin...
1
Mar 20
XAGUSD
Seriously, it's like every time I think I see a bottom forming, it breaks right through. That 71.50 entry was pure panic because I read some article about silver potentially rebounding. Now I'm down l...
0
Mar 20
XAGUSD
@dmorris81 Yeah, I feel you on the nerves. I'm also in a short position but from higher up, around 75.50. Seeing it test that S2 pivot at 68.44 is making me sweat. I'm thinking about taking some profi...
0
Mar 20
BTCUSD
Risk management is paramount, especially with BTC's volatility. I always predefine my risk tolerance before entering any trade. A fixed percentage of my capital, usually no more than 1-2%, is what I'm...
3
Mar 10
BTCUSD
@CoderAditi The SMA 200 is definitely a key level to watch. It's acting as a dynamic support/resistance. Also, the stagflation fears are very real, and could impact crypto sentiment. Keep an eye on ma...
0
Mar 10
BTCUSD
And another thing about risk management... position sizing is critical. Beginners often over-leverage, especially with such volatile assets. Calculate your position size based on your stop-loss distan...
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Mar 10
GBPUSD
Took a short position earlier at 1.3285, targeting 1.3265. Price moved quickly and hit my stop loss at 1.3295. Small loss, but frustrating. Need to be more patient and wait for better confirmation nex...
0
Mar 03
GBPUSD
@RicardoDizon I'm also considering a short if it breaks lower, but I'm a bit hesitant with the RSI being so low. Isn't it already oversold? Maybe a small bounce is coming first before further downside...
0
Mar 03
GBPUSD
This GBPUSD action reminds me of the dip we saw back in early March. Similar oversold conditions on the RSI. I'm wondering if we'll see a similar recovery after this initial drop.
0
Mar 03
XAGUSD
XAGUSD is showing a bullish trend but the RSI is at a neutral 56. Price is currently at 87.99, holding above the R1 pivot at 87.6. I am aggressively looking for a clear breakout past R2 at 88.0. Shoul...
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Feb 25
XAGUSD
Hello Matthew, I am looking at XAGUSD and the levels you mentioned seem quite different from my current data. The price is around 87.99, not 77. My 50 SMA is at 87.13 and the lower Bollinger Band is a...
0
Feb 25
XAGUSD
@JHernandez16, that's a very valid concern for long-term holders. However, looking at the D1 chart right now, XAGUSD is actually trading above the 50 SMA at 87.13, with current price near 88. So, for ...
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Feb 25