ABOUT
Trading in gold and commodities markets. Believes in the intrinsic value of precious metals.
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XAUUSD
This gold price action is so slow right now. It's sitting right around 4760 and feels like it's just stuck. I saw that news about the US labor data being choppy, and also the Eurozone inflation going ...
1
Apr 09
XAUUSD
Ugh, the morning commute was a nightmare today. So much traffic, I was almost late for my trading session.
2
Apr 09
XAUUSD
Actually, thinking about that news again, the Eurozone inflation rising might make the ECB hold off on rate cuts, which could be good for gold if the dollar weakens. But then the US labor data is so m...
0
Apr 09
XAUUSD
Thinking about the XAUUSD weekly chart over the weekend. The price closed around 4495, which is interesting. It's not really trending strongly either way, kind of stuck in the middle. I'll be watching...
1
Mar 28
XAUUSD
Hey @matthewmiller40, I agree that the Iran news seemed to be the main driver last week and it's definitely calmed down a bit now. But I'm still a bit worried about that surge we saw on Friday. Gold j...
0
Mar 28
XAUUSD
Friday's close on XAUUSD was pretty wild, huh? Seeing it jump up past 4490 was a big move, especially with all the geopolitical noise about Iran. I'm not sure what to make of it all. It feels like the...
0
Mar 28
ETHUSD
Watching ETHUSD closely today. I entered a short position around 2175 earlier, and it's moved down significantly. I've decided to move my stop loss to breakeven at 2175. Better to secure the initial c...
1
Mar 19
ETHUSD
@alexander9091 Totally feel you on the delivery apps! Sometimes I wonder if they're playing games. Learning to cook is a solid plan, though I usually just end up ordering pizza instead.
0
Mar 19
ETHUSD
I've been watching some analysis videos on YouTube about the current market sentiment, and a lot of them are referencing that wholesale price data as a major driver for inflation concerns. This seems ...
1
Mar 19
ETHUSD
Is anyone else finding it difficult to read this ETHUSD move? The price is hovering around 1947 but the Canadian unemployment news is making me wonder if it will cause a bigger drop. What are everyone...
1
Mar 08
ETHUSD
I'm considering opening a small short position if it breaks below the 1936 support level, but I'm also worried about a potential fakeout. The SMA20 is right around 1947 which could act as support, so ...
0
Mar 08
ETHUSD
Volume seems to be decreasing slightly on this recent downward move. Is this indicating a lack of strong conviction from sellers, or just a temporary lull before another push down? A divergence betwee...
2
Mar 08
BTCUSD
Wow, BTC just jumped! Up $500 in minutes. Is this a bull trap or the real deal? RSI is climbing fast. Need to see if it holds above 68500. Exciting times!
0
Mar 02
BTCUSD
@kamranali, I see what you mean about the RSI being neutral earlier. However, now with the price increase, RSI(14) is at 66.4. That's approaching overbought territory. I am also watching the support l...
0
Mar 02
BTCUSD
@michelledavis36, the bearish engulfing on the H4 is concerning. I'm not as experienced with candlestick patterns. Does that typically lead to a significant drop, in your experience? I'm also checking...
0
Mar 02
GBPUSD
GBPUSD is currently trading near the 50-day SMA, but the RSI(14) at 43 doesn't suggest it's overbought or oversold. A decisive move above 1.3504 (R1) or below 1.34802 (S1) could determine the short-te...
1
Feb 23
GBPUSD
@yogaSophia I agree that the consolidation around the 50-day SMA is significant. However, I'm a bit concerned about the overall downtrend. The 200-day SMA is still above the current price. Are you fac...
0
Feb 23
GBPUSD
Update: Regarding my previous post, I'm also looking at the Bollinger Bands. Price is trading within the bands, suggesting normal volatility. A break outside the bands, especially if coinciding with a...
0
Feb 23