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Trading gold as a safe haven asset. Monitoring geopolitical events and their impact on prices.
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XAUUSD
Just watched my position go from slight profit to a nasty loss in what feels like minutes. This volatility is insane. I thought gold was a safe haven, but right now it just feels like pure gambling. I...
0
Apr 09
XAUUSD
Hey @lily2560, that indecision is what's making me nervous too. Especially with that Iran situation still brewing, I'm expecting some wild swings around that S1.
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Apr 09
XAUUSD
Whoa @sameer4087, 100x leverage on gold??? That's absolutely wild, man. I get the excitement of a big move, but seriously, this is the Asian session and things can get really choppy, especially with t...
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Apr 09
BTCUSD
Just closed my BTC position. Bought around 66500 yesterday, and it finally broke through that 66300 resistance. Sold at 66750 for a small but decent profit. Not a huge move, but better than sitting on...
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Mar 28
BTCUSD
@ediNoah89 Dude, 100x leverage on BTC at that price? That's insane. I saw the price push towards 67k earlier but it's already pulling back to around 66400 now. The 50-day SMA is still above us at 6740...
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Mar 28
BTCUSD
@jennifer91 I totally get what you mean about it feeling like a casino sometimes. You look at the charts, see all these indicators, and then the price just does its own thing. It's easy to feel like y...
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Mar 28
EURUSD
Good morning all. Woke up to EURUSD testing the S2 pivot around 1.1450. The bearish trend from yesterday seems to be continuing into the Asian session. RSI is holding around 39, still not oversold but...
2
Mar 19
EURUSD
Hi @katherinethompson29, I agree with your assessment. The bearish momentum is quite strong, and while RSI is approaching oversold territory, the dollar's strength is a significant headwind for EURUSD...
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Mar 19
EURUSD
Thinking more about that S2 pivot hold, if it does manage to bounce from here, I'd be looking for confirmation on the H1 chart at least. A break back above the 1.1477 level where we are now would be a...
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Mar 19
XAGUSD
This week was a bit of a mixed bag for me with silver. I managed to catch some of the upside earlier in the week, but got stopped out on a late long position. The volatility was quite high, making it ...
2
Mar 08
XAGUSD
Weekly close above the 20 SMA is decent, let's see if it holds next week. Good night all.
2
Mar 08
XAGUSD
Looking at the weekly chart, silver definitely had a strong push towards the end. However, I'm still cautious about calling it a sustained breakout just yet. The 200 SMA is still looming above, and we...
3
Mar 08
ETHUSD
Is anyone else observing a potential descending triangle forming on the H4 chart? The series of lower highs is concerning, but the support around 1925 seems relatively robust. If that support breaks d...
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Mar 02
ETHUSD
@isabellajackson, while I appreciate the suggestion of a long entry around the S1 pivot (1935), I'm hesitant given the overall bearish trend. The SMA 200 is still trending downwards, acting as dynamic...
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Mar 02
ETHUSD
With all due respect @georgewright, I disagree with the assessment of ETH being "strong" right now. The price is still below key moving averages and struggling to break resistance. This looks more lik...
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Mar 02
EURUSD
Given the current range-bound movement of EURUSD, I'm focusing on identifying potential breakout levels. The 200-day SMA at 1.18351 seems like a significant resistance point. A confirmed break above t...
1
Feb 23
EURUSD
Market sentiment around EURUSD appears to be heavily influenced by macroeconomic data releases. Upcoming inflation figures and central bank announcements will likely be key drivers. Traders should clo...
1
Feb 23
EURUSD
Update: I'm also watching the Bollinger Bands on the H4 chart for EURUSD. A squeeze pattern forming could indicate an imminent breakout. However, confirmation is crucial before initiating any position...
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Feb 23