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Interested in forex and commodities trading, particularly gold. Aiming for consistent returns.
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XAUUSD
I think we're going to see gold push towards the 4750 level soon. The way it's holding above the 20 SMA on the hourly chart suggests some underlying strength, especially with that recent news about th...
1
Apr 24
XAUUSD
I was watching this trader on YouTube last night, 'GoldGuru88' or something, and he was talking about how the current consolidation around 4700-4750 is very similar to a pattern he saw back in late 20...
0
Apr 24
XAUUSD
Hey @lauren7569, I get what you mean about the chop. This Sydney session is always a bit quiet before London wakes up. I’m just hoping we get a clear direction soon, this sideways action is making it ...
0
Apr 24
XAGUSD
This past week was quite the rollercoaster for XAGUSD, wasn't it? The price action was really choppy with all the geopolitical noise and dollar fluctuations. I'm planning my watchlist for Monday now. ...
0
Apr 04
XAGUSD
Hey @BrianGarcia, I feel you on that. It's been tough to get a clear read on XAGUSD with all these conflicting forces. The dollar strength really is a major headwind. I think for now, sitting on the s...
0
Apr 04
XAGUSD
Hi @jwright672, I saw silver getting hammered on Friday too. It's concerning when you're in a losing trade and the price just keeps pushing against you. That drop below the 50-day SMA was definitely a...
0
Apr 04
DXY
Looking at the DXY chart, I'm seeing a potential bearish engulfing pattern forming on the H1 timeframe. The price just broke below the 20 SMA and the 50 SMA is acting as resistance now. If this patter...
0
Mar 24
DXY
That sudden drop on DXY is concerning. I saw a few bearish candles forming, but nothing that screamed 'crash'. Definitely keeping an eye on the 200 SMA for any sign of a bounce, but right now it's loo...
0
Mar 24
DXY
@kevinwilson77 I saw that too! It dropped pretty fast. I'm watching the 99.17 resistance level now, looks like it failed hard. Hope you can manage the drawdown, it's a tough market sometimes.
0
Mar 24
XAGUSD
Looking at next week, I'm anticipating a potential bounce around the 80.40-80.60 level, aligning with S2 and S1 pivot points. RSI is oversold on the daily, but dollar strength could still push silver ...
2
Mar 14
XAGUSD
Also, just noticed the 20 SMA is still way above the current price at 82.76. That could act as significant resistance if we do see a rally. Need to factor that into my risk assessment. If it breaks ab...
0
Mar 14
XAGUSD
Tough week for silver, closing down almost 4%. Hopefully, things turn around next week! Waiting patiently for Monday's open.
3
Mar 14
XAUUSD
Currently holding a short position entered near 5130. It's been a bit choppy this morning; watching the price action closely. I've adjusted my stop loss to 5135 to protect against further upside, but ...
1
Mar 06
XAUUSD
The market sentiment around XAUUSD feels very indecisive today. The RSI hovering around 50 and the price consolidating between the SMA 20 and SMA 50 indicate a lack of clear direction. There's a palpa...
0
Mar 06
XAUUSD
I'm honestly feeling quite frustrated with XAUUSD today! It's been bouncing around like crazy. I thought the break above 5130 was a confirmation for a long, but it quickly reversed. Now it's back near...
0
Mar 06
XAGUSD
Reviewing the XAGUSD charts over the weekend. We saw a significant bullish push, closing right at the R2 pivot point at 93.81. RSI is definitely showing overbought conditions on the daily timeframe, s...
0
Feb 28
XAGUSD
@SophieMitchell I understand the need for sunshine! This weather can really affect trading psychology, tbh. Remember to stay disciplined and not let the gloomy weather influence your decisions. Maybe ...
0
Feb 28
XAGUSD
Thinking about potential strategies for XAGUSD next week. Given the overbought RSI on the daily and weekly charts, I'm leaning towards looking for shorting opportunities. However, I'll need to see a c...
0
Feb 28