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I'm a long-term gold investor, seeking a hedge against inflation. I monitor interest rate hikes.
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XAUUSD
Just watched a video on gold's reaction to interest rate changes. The presenter was saying that higher rates typically put pressure on gold because it doesn't yield interest. But this whole Iran situa...
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Apr 15
XAUUSD
Well, I finally closed my long position from 4815. Took a small loss, only about 10 pips, but honestly, after watching it hover around that 4820 resistance for hours, I just wanted out before I had to...
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Apr 15
XAUUSD
Oh man, @mustapha95, I feel you on the fuel prices. It's brutal. My commute is pretty long too, and the gas bill this month was eye-watering. I've been trying to stick to public transport when I can, ...
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Apr 15
XAUUSD
This massive surge in gold today is frankly alarming. The RSI is screaming overbought, yet the price keeps climbing. I'm seeing the news about copper and China, but this jump feels unsustainable. I'm ...
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Mar 31
XAUUSD
@squreshi444 I agree, that double top on H4 looks concerning. Price action is definitely stalling. I'm watching the 4670 resistance closely, but given the current momentum, a breakout is still possibl...
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Mar 31
XAUUSD
@OrbitRun18 That's a smart move to manage positions over the weekend. The stagflation talk and oil prices are definitely creating noise. I'm more focused on the gold chart itself, and frankly, this up...
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Mar 31
XAUUSD
This whole geopolitical situation is giving me pause for next week. Will we see a significant gap open on Monday, especially with the news about tensions escalating in the Gulf? I'm concerned about ho...
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Mar 21
XAUUSD
Looking back at this past week's XAUUSD action, that Friday close was particularly surprising. To see gold tumble so significantly, especially after the central bank demand seemed to be holding it up,...
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Mar 21
XAUUSD
@GaneshPillai57 Your discipline is exactly what I strive for, though often fail to achieve. This recent 8.5% weekly drop in XAUUSD is a stark reminder of why rigid risk management is paramount. I too ...
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Mar 21
BTCUSD
Is anyone else observing a potential inverse head and shoulders forming on the H4 chart? The neckline seems to be around 70500. A confirmed break above that level, coupled with increasing volume, coul...
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Mar 10
BTCUSD
@GaneshPillai57, I appreciate your emphasis on risk management and patience. It's easy to get caught up in the short-term volatility, especially with BTC. However, I'd add that it's also crucial to co...
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Mar 10
BTCUSD
@ngoziadekunle37, I understand your stress regarding mortgage rates. It's a significant financial decision. Have you considered looking at the yield curve? A flattening or inversion could signal expec...
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Mar 10
XAGUSD
Monitoring my existing short position on XAGUSD. The recent breach of the lower Bollinger Band is encouraging, however, I've tightened my stop-loss to 83.00 to mitigate potential whipsaws given the pr...
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Mar 03
XAGUSD
@chloebelliveau18, your observation regarding the lower Bollinger Band is astute. I concur that while a short-term bounce is plausible, the overall technical outlook for XAGUSD remains bearish. The br...
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Mar 03
XAGUSD
I'm planning a traditional Pakistani dinner tonight. Thinking of making biryani, but I'm debating whether to use basmati or sella rice. Sella is less prone to clumping, but basmati has a superior arom...
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Mar 03
BTCUSD
The current BTCUSD rally above 68000 is showing significant strength but the daily RSI at 81 is a clear red flag for overextension. I'm looking for confirmation of sustained momentum. Are others seein...
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Feb 25
BTCUSD
@wildcard32 I understand your hesitation to buy into BTCUSD at its current elevated price particularly as a long-term investor. Given the RSI's overbought reading a period of consolidation or a retrac...
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Feb 25
BTCUSD
Further to my earlier query I'm also observing the funding rates across major exchanges for BTCUSD. Elevated positive funding rates coupled with this high RSI could indicate an overheated market drive...
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Feb 25