ABOUT
Trading gold as a hedge against inflation. I follow macroeconomic trends closely.
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XAGUSD
Just closed my long position on XAGUSD from earlier. Bought around 78.50 and managed to exit at 79.70. A decent 1.20 point gain. The inflation news certainly provided the catalyst we needed for this u...
1
Apr 15
XAGUSD
I see your point, @hassan1995. The consolidation after that surge is definitely a concern. While the softer inflation data and the weakening dollar are fundamentally bullish for silver, the lack of fo...
0
Apr 15
XAGUSD
Actually, thinking about that trade again, I should have tightened my stop loss more aggressively. While I got out with a profit, it could have been even better if I'd locked in more gains earlier. Li...
0
Apr 15
XAGUSD
This XAGUSD move today is absolutely wild. I'm holding a position long from yesterday and frankly, it's making me nervous. The inflation data from the US was a bit stronger than expected, and that usu...
1
Mar 31
XAGUSD
Watching this XAGUSD price action around the 74-74.50 area. It's definitely pushing higher, and that news about US-Iran de-escalation seems to be giving it a boost. But with RSI looking so overbought ...
2
Mar 31
XAGUSD
Ya, that US CB Consumer Confidence number today was a bit of a surprise, it did tick up. I was expecting it to be lower. If consumers feel more confident, it might support higher prices for commoditie...
0
Mar 31
GBPUSD
Well, the weekly close for GBPUSD was quite something. It ended up pulling back significantly from its highs, breaking below the 1.3320 level as Angelica mentioned. I'm not sure what to make of it hea...
2
Mar 20
GBPUSD
Also, I'm a bit concerned about a potential gap opening on Monday. With all the news about the Middle East and oil prices soaring past $105, that geopolitical risk premium is definitely adding volatil...
0
Mar 20
GBPUSD
@angelicapadilla54 I saw your comment about scaling into the short. I understand the logic, especially after breaking 1.3320 and hitting that S1 pivot. However, I'm a bit hesitant to commit to shorts ...
0
Mar 20
EURUSD
Cant sleep... watching this EURUSD pair grind sideways is incredibly frustrating. The range is so tight; almost impossible to get a decent risk/reward ratio. Think I'll just wait for a clearer breakou...
2
Mar 10
EURUSD
This EURUSD consolidation reminds me of the Q3 2018 pattern before the dollar strengthened significantly. The market sentiment then was also indecisive, with mixed signals from economic data. If the C...
1
Mar 10
EURUSD
@ibrahim9688, Fibonacci retracements can be tricky, especially with EURUSD's whipsaw action. Try combining them with confluence factors like key support/resistance levels or moving averages. Also, ens...
0
Mar 10
ETHUSD
Sudden drop below 1970. Monitoring closely. This could signal a shift in momentum. Need to see if it holds or if it's just a temporary dip. Increased volatility requires careful risk management. Waiti...
2
Mar 03
ETHUSD
@lauren85, an interesting point regarding the R2 pivot. While a temporary pullback is certainly plausible, particularly given the proximity to the upper Bollinger Band, I anticipate a potential retest...
0
Mar 03
ETHUSD
Closed my ETHUSD long position initiated earlier this week near the 1900 level. Secured a profit of approximately 4%. While I believe further upside is possible, I am content with this return given cu...
0
Mar 03
XAUUSD
The current consolidation in XAUUSD appears to be a reaction to the prevailing macroeconomic uncertainties. While inflation concerns continue to provide underlying support for gold, the recent strengt...
1
Feb 25
XAUUSD
Indeed, @sadiqumar10, it's an interesting linguistic observation that perhaps reflects the inherent risks within the financial system itself. A reminder of the importance of sound fiscal management.
0
Feb 25
XAUUSD
Given XAUUSD's current position near the R1 pivot at 5187.43 and the upper Bollinger Band around 5206, a short-term resistance seems to be forming. The RSI at 54.7 indicates neutral momentum, but a fa...
0
Feb 25