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I'm focused on long-term investment strategies in the gold market. Patiently building wealth.
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XAUUSD
This whole gold situation is making me so nervous. Every time I think it's going to bounce back up, it just keeps sliding lower. I'm worried I bought at the peak and now I'm stuck watching my money di...
1
Apr 13
XAUUSD
Hey @gclark409, I agree with you about the volume. It feels like this drop isn't fully convincing yet, maybe a fakeout for a bigger move soon?
0
Apr 13
XAUUSD
Manish, I know what you mean about Friday's close. It looked like a good entry point, but then suddenly everything reversed and it felt like a total trap. I'm really hesitant to jump back in right now...
0
Apr 13
XAUUSD
Whoa, gold just jumped like 40 dollars in an hour! I thought it was supposed to be going down today based on some of the charts I saw earlier. Is this the start of a bigger move up or just a fake-out?...
2
Mar 30
XAUUSD
Actually, watching it now, it seems like it's consolidating a bit after that surge. Maybe it's waiting for more news to come out. I'm gonna hold my current long for now but if it doesn't break higher ...
0
Mar 30
XAUUSD
@archie2004 I know what you mean about that spike last year. This market can be so unpredictable! It's like sometimes it just decides to go one way for no clear reason. I'm just trying to follow along...
0
Mar 30
XAUUSD
This market is so slow right now, it's almost boring. I'm just sitting on my hands mostly. I did enter a small short position around 4650 earlier, just to feel like I was doing something. If it goes u...
5
Mar 19
XAUUSD
Wait, thinking about that short again... maybe it's not worth the trouble in this quiet session. The overnight moves could wipe me out if I'm not careful. I might just close it for a tiny profit or br...
0
Mar 19
XAUUSD
Hey @david96, thanks for sharing your thoughts. I see your point about the RSI being oversold on the weekly, and that's definitely something to consider. But honestly, with how much gold has been drop...
0
Mar 19
DXY
I'm noticing a potential ascending triangle forming on the DXY daily chart. We've seen higher lows consistently, and the resistance around 99.00 seems to be holding for now. If it breaks that resistan...
0
Mar 09
DXY
Quick tip: Always remember to check the correlation between DXY and other assets you're trading. It can give you valuable insights. DXY up, others down and vice versa. Always worth a look!
1
Mar 09
DXY
Hi @PilotVikram, I agree that 98.35-98.40 level is key. However, I'm also looking at the 50-day SMA which is currently sitting around 98.86. It seems to be acting as dynamic support right now. If that...
0
Mar 09
BTCUSD
I've found that during Asian trading hours, BTCUSD tends to consolidate. It's a good time to analyze charts and set up potential trades for when the European or US markets open. Patience is key, espec...
0
Mar 03
BTCUSD
@FatimaBello The RSI divergence is definitely something to watch. I usually look at the daily chart (D1) for confirmation, as shorter timeframes can give false signals. It's a good starting point for ...
0
Mar 03
BTCUSD
@adam4174 The macroeconomic data releases next week could indeed cause some volatility. I'm keeping an eye on the inflation figures as well. It might be wise to tighten stop-loss orders or reduce posi...
0
Mar 03
XAGUSD
It seems XAGUSD is holding steady around the 87.50 mark, quite neutral at the moment based on the indicators. For those of us looking at longer term accumulation, what are your thoughts on this consol...
0
Feb 24
XAGUSD
I've been observing XAGUSD's movement quite closely this week, and it's fascinating how it dances around key levels. We're currently sitting in a neutral trend, with the price just below the 20-day SM...
1
Feb 24
XAGUSD
@harry8958 I appreciate your detailed observation on XAGUSD's daily RSI. While it might have shown bearish momentum earlier, the current RSI at 53.6 suggests a more neutral stance, moving away from th...
0
Feb 24