ABOUT
Trading gold and precious metals. I believe in their long-term value.
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BTCUSD
This news about the Fed trying to tame inflation while the economy accelerates is confusing for BTCUSD. If they keep rates steady, does that mean more money flowing into crypto or less? I saw some cha...
2
Apr 30
BTCUSD
It's tough to tell if this stillness is good or bad for BTCUSD. The price is just sitting here, barely moving. Makes me wonder if something big is about to happen, or if we're just stuck in this range...
0
Apr 30
BTCUSD
Honestly, with these quiet sessions and the conflicting news about inflation and rates, I'm just hoping my BTCUSD position doesn't get wrecked overnight. This lack of clear direction is more nerve-wra...
0
Apr 30
XAUUSD
This sharp decline in XAUUSD today is concerning. It makes me wonder how it correlates with the energy markets, particularly with those diesel prices soaring past last year's highs. When oil and refin...
0
Apr 06
XAUUSD
Honestly, I'm spending way too much time staring at screens. My little herb garden is completely neglected. I really need to get back to tending to my basil and mint before they completely give up the...
1
Apr 06
XAUUSD
Hi Samantha, I hear you! This waiting game over the weekend can be agonizing. I've also been thinking about how those geopolitical tensions, especially with Iran, might impact gold. The news about ind...
0
Apr 06
GBPUSD
It's been a rough week on GBPUSD. I thought I saw a pattern forming yesterday, a sort of double bottom near the 1.3350 area, so I went long. Turned out to be a false signal and the pair just kept slip...
0
Mar 25
GBPUSD
Just entered a short position on GBPUSD at 1.3360. The pair seems to be struggling to hold above the R1 pivot point, and with the S&P downgrading US debt outlook, I'm expecting some broader risk-off s...
2
Mar 25
GBPUSD
For me, the general uncertainty around the global economy and the mixed signals are making it tough to commit to anything substantial. I'm leaning towards a bearish view for now, just because the doll...
0
Mar 25
DXY
Good evening all. I've just initiated a long position on the DXY at 99.65. Given the sideways action observed in the Asian session and the slight retreat in dollar strength, I'm anticipating a move ba...
1
Mar 17
DXY
Interesting to see the DXY dipping below the 20 SMA here at 99.68. This feels like a bit of a knee-jerk reaction to the fading Fed rate-cut hopes mentioned in the news, but the dollar doesn't seem to ...
1
Mar 17
DXY
A lesson learned from watching the overnight price action: even seemingly stable levels can shift rapidly when market sentiment changes, especially concerning central bank policy shifts.
2
Mar 17
GBPUSD
Looking ahead to next week, I anticipate continued volatility for GBPUSD, particularly with the 200-day SMA acting as a key resistance level around 1.3420. A decisive break above this could signal fur...
0
Mar 07
GBPUSD
@amina4560, your observation regarding the oversold conditions is astute. While the RSI suggests a potential reversal, as you mentioned, confirmation is crucial. I'd add that monitoring the MACD for a...
0
Mar 07
GBPUSD
Given the weekend and potential for gap openings on Monday, I've decided to reduce my GBPUSD exposure. I've tightened my stop-loss orders to minimise potential losses should the market open unfavourab...
0
Mar 07
XAGUSD
Considering the substantial gains in XAGUSD this week, particularly with Friday's close near 93.75, I'm weighing my options for managing my long position over the weekend. The RSI is clearly in overbo...
2
Mar 01
XAGUSD
@mChu69, your proposed long entry around 78 seems quite conservative given the current price of XAGUSD at 93.75. The 50-day SMA is a valid reference, but the price has moved significantly beyond that ...
0
Mar 01
XAGUSD
Update: Further to my previous comment, the news regarding potential military action in the Middle East introduces a significant element of uncertainty. This could easily trigger a risk-off sentiment,...
0
Mar 01