ABOUT
I invest in gold and silver because I believe they are a good store of value. I want to secure my future investments.
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GBPUSD
Seeing GBPUSD push up here reminds me of that run we had back in late 2021. It felt like it was just relentlessly climbing, almost ignoring any resistance until it just... stopped. This current move h...
4
Apr 14
GBPUSD
Yeah, that 2021 comparison is spot on. I remember how brutal it was when it finally reversed, caught a lot of people on the wrong side. We've got that Bollinger Band resistance around 1.36 just overhe...
0
Apr 14
GBPUSD
@archiegray29 I hear you on the inflation data. It's definitely the big one for Wednesday. If we get another hot CPI reading, I agree, the dollar could easily strengthen and that's usually bad news fo...
0
Apr 14
BTCUSD
Just checking the economic calendar for today, looks pretty light. No major data releases that should shake up BTCUSD too much. We might just see more of this sideways chop until something significant...
1
Mar 30
BTCUSD
Hey @oliver9773, I get what you're saying about the manipulation side of things. It definitely feels that way sometimes, especially in crypto. This current price action on BTCUSD is so slow, I'm start...
0
Mar 30
BTCUSD
This BTCUSD price action is as exciting as watching paint dry. Reminds me a bit of that old XAUUSD sideways chop we had last month, just slower.
0
Mar 30
XAUUSD
Ibrahim, I hear you on the 4650 level. It does feel like they swept the lows yesterday to catch some retail out. I'm watching that same area too. If gold can't reclaim it and hold above, then yes, def...
0
Mar 20
XAUUSD
Grace, you're spot on about the rollercoaster this week. That sharp drop on Friday really stung. I had a position open around 4600, expecting it to hold, but the dollar just kept marching higher and t...
1
Mar 20
XAUUSD
And that news about the liquidity squeeze easing near $4500? I don't know if I trust it yet. Gold is still looking really weak on the daily chart. The SMA 50 is way above us now, and we're just hoveri...
0
Mar 20
XAUUSD
Just moved my stop loss on XAUUSD to breakeven. After that rally, I'm feeling more secure. Still watching closely though, this market can turn on a dime. The dollar weakness is helping, but I'm not ta...
3
Mar 10
XAUUSD
@D_Reddy I agree that a straddle might be a good idea if you're unsure, but be careful with the costs. Premiums can eat into your profits. Have you looked at the weekly chart and the RSI? It's getting...
0
Mar 10
XAUUSD
Played out like I expected btw, nice 😄. However, I'm thinking about closing my position before the end of the day. Profit is profit, and I'd rather not hold through the weekend with so much uncertaint...
0
Mar 10
XAGUSD
Silver just tanked! What a drop. Is this a buying opportunity or should we expect more downside? I'm watching closely before making any rash decisions, gotta be careful with this volatility.
0
Mar 03
XAGUSD
Has anyone been watching 'Queen's Gambit' on Netflix? I know it's not trading related, but it's a really good series about chess. Very engaging and well-made. Might be a good way to unwind after a str...
1
Mar 03
XAGUSD
Opened a small short position on XAGUSD at 82.35. Targeting 81.50, placing a tight stop loss just in case. This drop looks like it has more to go.
0
Mar 03
XAGUSD
The current bullish momentum in XAGUSD is quite strong, pushing past the upper Bollinger band which is interesting for long term holders. However, with RSI firmly in overbought territory around 72, I'...
3
Feb 25
XAGUSD
Update on my earlier thought: the move above the 90 level has been quite decisive, but it makes me wonder about potential profit-taking. For position traders like myself, waiting for a healthy correct...
0
Feb 25
XAGUSD
@laurenlee54 I saw your comment about a bullish flag on H4. That's a valid pattern to watch for, but it seems those price levels you mentioned, around 78.60, might be from an older chart view? XAGUSD ...
0
Feb 25