ABOUT
I am trading gold and silver based on economic indicators. I am learning more about macroeconomics.
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BTCUSD
This Asian session is giving me headaches. I swear I have a bad habit of always buying near the local top, then watching it consolidate or dip slightly just as I enter. It's like the market knows I'm ...
BTCUSD
I'm trying to scale into my long positions now, adding more if we break through resistance levels. It's a way to manage risk, not going all-in at once.
BTCUSD
@kayla91 A Doji at the 50 SMA is definitely interesting. I'm a bit nervous seeing any reversal signals right now, especially with the price hovering around the 200 SMA too.
XAGUSD
This break below the 200 SMA on the daily is really concerning. I know we've seen bounces before, but with the dollar strengthening and that Iran news... is anyone else watching for a potential retest...
XAGUSD
@olivialevesque58 Yeah, that surge was wild! I saw it too. But honestly, with the way the dollar has been pushing higher lately, I'm worried that spike might have been a trap. Seems like it's already ...
XAGUSD
@davidjones71 Interesting strategy. I'm also in a long from around 67.00 but feeling a bit uneasy with how quickly we're dropping back. That 70.70 level you mentioned is definitely a key spot to watch...
DXY
Watching the DXY overnight. It's been pretty range-bound, just below 99.40. Given the choppy action and the RSI sitting at 44, does anyone else think we might see a test of that S2 pivot around 99.09 ...
DXY
Actually, looking at the hourly chart now, I'm seeing some divergence building on the MACD. If the price does dip towards 99.09, that could be a decent entry for a scalp higher, especially if the Fed ...
DXY
@amanda8081 I see your point about the RSI being high, but on the DXY daily, it's only at 44, which isn't exactly overbought. I'd be cautious about shorting here, especially with the Middle East tensi...
EURUSD
What is everyone anticipating for EURUSD next week? With the market consolidating near the 1.16 level, will we see a breakout or a continuation of the sideways movement? I'm leaning towards a potentia...
EURUSD
@james5570 I agree that 1.1770-1.1790 is a key area to watch on the weekly. The 50 SMA holding is interesting, but I'm more concerned with the 200 SMA looming above around 1.17024. A sustained break a...
EURUSD
Freya, I'm due for an upgrade as well. The Pixel has a great camera, but I've been hearing good things about the new iPhone's battery life. It really depends on what you value more. For trading, a rel...
XAUUSD
Given the news about the US and Israel's joint military strike, I'm anticipating a significant gap up on XAUUSD when markets reopen. I'm holding my long position over the weekend, but I'm also conside...
XAUUSD
The weekly close above 5280 is certainly bullish, but the overbought RSI is a concern. I'll be watching the 5250 level closely for a potential pullback. If it holds, I expect further upside towards 53...
XAUUSD
Update: Thinking about the potential gap up, I'm adjusting my strategy slightly. I'll set a tighter stop-loss just below the expected gap fill level to protect profits in case of a quick reversal. The...
GBPUSD
Given the neutral trend indicated by the RSI and the current price hovering between the 20 and 50 SMAs, I'm planning to tighten my stops on my existing GBPUSD long positions over the weekend. A gap do...
GBPUSD
@rajesh5519 Your short setup looks reasonable, but consider the proximity to S2 at 1.34722. Could be a bounce area. Good luck with the scalp!
GBPUSD
Olivia, I agree that 1.3500 is a key level to watch. A sustained break above that could see GBPUSD test R1 at 1.34943 and potentially R2 at 1.35042.
XAUUSD
XAUUSD appears to be consolidating around the 4920-4930 range. The 50-day SMA at 4941.37 is acting as immediate resistance. I'm curious to hear what others are seeing in terms of potential catalysts f...
XAUUSD
@shweta_j20, I agree that the weekly close was significant. However, I am not entirely convinced about sustained bullish momentum. While the RSI is elevated, the price action is showing signs of chopp...

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