ojibala
liked and commented on
$XAG/USD (XAGUSD.FX)$ $XAU/USD (XAUUSD.CFD)$
Hope precious metal investors survived the black friday yesterday - to put it in context, if you survived 30th Jan, this is a mere scratch haha.
Gold continued a 4th consecutive day of red candles, but the bottom may be in, based on RSI (oversold territory). A longer wick at the bottom at closing today hints that selling pressure is being rejected. We may be due for a rebound (or at least the bleed is stemmed) coming next week, assuming TACO doesn't pull ...
Hope precious metal investors survived the black friday yesterday - to put it in context, if you survived 30th Jan, this is a mere scratch haha.
Gold continued a 4th consecutive day of red candles, but the bottom may be in, based on RSI (oversold territory). A longer wick at the bottom at closing today hints that selling pressure is being rejected. We may be due for a rebound (or at least the bleed is stemmed) coming next week, assuming TACO doesn't pull ...
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ojibala
liked
$XAG/USD (XAGUSD.FX)$ $XAU/USD (XAUUSD.CFD)$
The irony - Warsh takes over as Fed head today and metals does a dump.
Not as bad a diarrhoea as 30th Jan mind you - the date of PTSD for all metal investors! - but coincidentally, that was also the date Warsh was nominated to be Fed head by Trump.
Seems this Warsh dude and metals don't go well together LOL.
The irony - Warsh takes over as Fed head today and metals does a dump.
Not as bad a diarrhoea as 30th Jan mind you - the date of PTSD for all metal investors! - but coincidentally, that was also the date Warsh was nominated to be Fed head by Trump.
Seems this Warsh dude and metals don't go well together LOL.
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$XAG/USD (XAGUSD.FX)$ Woah drop so much. Where’s the best r/r entry? Can buy now?
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ojibala
liked and commented on
$XAG/USD (XAGUSD.FX)$
Based on technical indicators, SLV appears to be in overbought territory
RSI is high. Candlestick chart has a tall wick on top.
Silver has had a good run for the past few days - congrats to metal investors - but my gut feel is chasing FOMO at this price has a higher chance of getting one stuck at the peak, if a correction happens.
NFA. And of course, any Trump tweet can trump - no pun intended - any technical analysis.
Based on technical indicators, SLV appears to be in overbought territory
RSI is high. Candlestick chart has a tall wick on top.
Silver has had a good run for the past few days - congrats to metal investors - but my gut feel is chasing FOMO at this price has a higher chance of getting one stuck at the peak, if a correction happens.
NFA. And of course, any Trump tweet can trump - no pun intended - any technical analysis.
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ojibala
liked and commented on
Imagine you own a toll road.
Not a small one. The longest toll road on earth. One that every car, truck, and bus must pass through to move money from one place to another. You do not own the cars. You do not care where they are going. You just collect the toll. Every single time.
Now imagine that road just processed more traffic in three months than the entire United States economy produces in a year.
That is what Circle $Circle (CRCL.US)$ just reported.
In Q1 202...
Not a small one. The longest toll road on earth. One that every car, truck, and bus must pass through to move money from one place to another. You do not own the cars. You do not care where they are going. You just collect the toll. Every single time.
Now imagine that road just processed more traffic in three months than the entire United States economy produces in a year.
That is what Circle $Circle (CRCL.US)$ just reported.
In Q1 202...
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ojibala
commented on
$XAU/USD (XAUUSD.CFD)$ $XAG/USD (XAGUSD.FX)$
Not good for precious metals, as high inflation will trigger less chance of a rate cut from the Fed.
Market has priced in a 98% no rate cut for June's Fed meeting after this piece of news.
Not good for precious metals, as high inflation will trigger less chance of a rate cut from the Fed.
Market has priced in a 98% no rate cut for June's Fed meeting after this piece of news.
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ojibala
commented on
$XAU/USD (XAUUSD.CFD)$ Silver broke out above, hold and pushing again, Gold is next. Up only from here 🚀
(Will delete if wrong)
(Will delete if wrong)
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ojibala
reacted to
$XAG/USD (XAGUSD.FX)$
Grateful for the rise in silver and Miners today, but am selling 100% of miners and 50% paper silver.
A Trump tweet or bankster manipulation can easily flip the table, so taking profits first - a bird in hand is better than 2 in the bush.
Still have a remaining 50% silver position to catch any upside.
Will come back to buy on a red day, but wishing all silver investors who are staying for long, great prosperity!
Grateful for the rise in silver and Miners today, but am selling 100% of miners and 50% paper silver.
A Trump tweet or bankster manipulation can easily flip the table, so taking profits first - a bird in hand is better than 2 in the bush.
Still have a remaining 50% silver position to catch any upside.
Will come back to buy on a red day, but wishing all silver investors who are staying for long, great prosperity!
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$XAU/USD (XAUUSD.CFD)$ Have faith in gold. Everything else is noise.
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ojibala
liked
$XAG/USD (XAGUSD.FX)$ $XAU/USD (XAUUSD.CFD)$ $VanEck Rare Earth and Strategic Metals ETF (REMX.US)$ $MP Materials (MP.US)$ $Sprott Rare Earths Ex-China ETF (REXC.US)$
Precious metals and rare earths are ripping today! Am grateful to have earned more than my crappy monthly pay via swing trading.
My portfolio is rather unconventional - 30% in precious metals, 15% in rare earths - as of the start of this week.
Have been swing trading gold and silver the past few days, it's super volatile. But ironically, th...
Precious metals and rare earths are ripping today! Am grateful to have earned more than my crappy monthly pay via swing trading.
My portfolio is rather unconventional - 30% in precious metals, 15% in rare earths - as of the start of this week.
Have been swing trading gold and silver the past few days, it's super volatile. But ironically, th...
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ojibala : It was a powerful rejection nonetheless, probably result to Japan dumping UST aggressively. I bought in a bit more. Will add again if it hits 200SMA again. Ride or die![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)