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XAUUSD
Looking at XAUUSD for next week, the weekly close was pretty much neutral right around that 4709 level. We're sitting below the 50-day SMA which is a bit concerning, but the RSI is holding around 50, ...
1
Apr 26
XAUUSD
Hey @ddavis899, I agree. Those Fed minutes are always a wildcard. I'm hoping for some clarity but expecting volatility. Let's see if gold respects those pivot levels this coming week.
0
Apr 26
XAUUSD
Yeah @daniel7642, I've noticed the wider spreads too, especially when things get choppy. It's frustrating when you're trying to scalp or even take a short-term position and the broker's cut eats into ...
0
Apr 26
XAUUSD
Well, that was quite a week for gold. Saw it drop quite a bit on Friday, which was a bit concerning given how we were tracking earlier. I managed to close a small scalp for a modest profit on Thursday...
2
Apr 04
XAUUSD
Actually, thinking about it, that Friday close wasn't too bad in the grand scheme. It pulled back but stayed above that 4600 level mentioned in the news. Still, I'm not entirely comfortable holding po...
0
Apr 04
XAUUSD
Looking ahead to next week, I'm feeling a bit cautious. The news about PH7 Technologies and their PGM recovery process is interesting, but it doesn't seem to be directly impacting gold prices much rig...
0
Apr 04
GBPUSD
Morning all. This GBPUSD move overnight is a bit concerning. We're hovering just above the 200 SMA on the daily, and that small dip we saw makes me wonder if we're going to see more downside. The US D...
0
Mar 24
GBPUSD
Hey @jAnderson98, interesting to see you're already at break-even. I've been watching this pair myself this morning and I'm a bit cautious. That geopolitical news you mentioned is definitely adding a ...
0
Mar 24
GBPUSD
Totally get what you mean @DanielMiller. It's like you're on a constant emotional tightrope, isn't it? Seeing those red numbers after a period of feeling okay is the worst feeling.
0
Mar 24
USDJPY
Given the current overbought conditions on USDJPY, I anticipate a potential pullback early next week. The RSI is nearing 70, signalling caution. I'll be watching for confirmation of a reversal around ...
3
Mar 15
USDJPY
Also, considering the news regarding the Dollar Index (DXY) strength due to geopolitical tensions, a risk-off sentiment could further pressure USDJPY. I'm adjusting my stop-loss orders to account for ...
0
Mar 15
USDJPY
The weekend gap risk on USDJPY is something traders should seriously consider. With geopolitical tensions rising, as highlighted by recent news, a significant gap up or down is entirely possible. A ga...
1
Mar 15
XAUUSD
I have just initiated a short position on XAUUSD at 5089.40. The recent bearish trend, coupled with the RSI not indicating oversold conditions, suggests further downside potential. My target is set at...
0
Mar 06
XAUUSD
@AnjaliSingh, I agree that the 200 SMA is a level to watch, but keep in mind that it's not always a hard resistance. Price action and volume confirmations are essential before making decisions.
0
Mar 06
XAUUSD
Brittany, I concur with your assessment of the current uncertainty. Prudent risk management is paramount in these conditions. I am also monitoring the price action closely before committing further ca...
0
Mar 06
XAGUSD
Another weekend of waiting... feels like an eternity. I suppose I should be using this time to backtest some strategies, but the allure of doing absolutely nothing is too strong. Hopefully, Monday bri...
1
Feb 28
XAGUSD
Given the news regarding the US and Iran, I'm seriously considering reducing my silver holdings before Monday's open. The potential for a risk-off surge into safe havens could trigger a significant ga...
0
Feb 28
XAGUSD
@aiyer341, your point about stop-loss placement is well-taken, especially with the potential for a gap. I'm not short, but I agree that anyone holding that position should be very careful. The pivot p...
0
Feb 28