Skeptic | This Week's Most Profitable Setups: Gold, Forex & SPX!

hey, traders, it’s Skeptic ! 😎 Our last watchlist was straight fire, racking up some sweet profits with tons of setups. This week’s looking just as juicy, so stick with me to catch these killer opportunities! 🚖 Welcome to my Weekly Watchlist, where I lay out the markets I’m trading with active triggers—forex pairs, commodities, and CFD indices. No FOMO, no hype, just pure reasoning to keep your trades sharp. Let’s jump in! 📊

DXY (Dollar Index)

Let’s kick off with DXY, ‘cause getting this right makes analyzing other indices and pairs a breeze. After multiple failed attempts to break support at 98.8, it’s still ranging. This is a monthly support, so confirmation of a break needs to come on a monthly or at least weekly chart. Personally, I’m betting it’ll bounce from here. A break above 99.36 gives early confirmation of a rise, but the real deal is breaking resistance at 100—then you can short USD pairs like EUR/USD. If 98.8 gives way, look for longs, but this monthly zone is tough, so expect some chop! 😬

EURX

EURX seems to be in a weak upward channel. A break above 1063 could push us to 1071. On the flip side, breaking the channel’s midline at 1058 might drag us to the floor or even support at 1049. So, our EURX game plan is clear.

Watchlist Breakdown

Let’s hit the watchlist, starting with XAU/USD (Gold).

Triggers here are tricky, but I cloned last week’s downward channel and placed it above—this trick often gives us solid setups. If we bounce off the channel’s floor, a break above resistance at 3340 opens a long. For shorts, I don’t have a trigger yet since the market’s already dumped. If we form a 1-hour range, a break below its floor could trigger a short targeting 3249 or the previous channel’s midline.

Now, XAG/USD (Silver)

—no triggers this week. Our long trigger from last week’s analysis at 33.68 smashed it, spiking 8%! 🎉 That’s a lock even Bitcoin traders would drool over, but in Skeptic Lab :)

Next, EUR/USD.

The long trigger is set at a break above resistance at 1.14555, which lines up with the DXY support break I mentioned. Heads-up: this trade won’t be easy. Reduce risk ‘cause we’re in for a big fight at this level—wild swings and tight stop losses get hunted fast. Stay sharp! 😤

GBP/USD Update
My GBP/USD long got stopped out, so let’s break it down. I went long after a resistance break, with crazy uptrend momentum and RSI hitting overbought (which I see as a long confirmation). Everything looked dope except my stop loss placement. The prior move was so sharp that my stop had to be wide, tanking my R/R. It hit the box ceiling target but then dumped, nailing my stop. Lesson? Either jump in before the main momentum or let the move play out and skip it. Mid-move entries with big stops? Recipe for pain...

SPX 500

Our SPX 500 long trigger from breaking the box ceiling already fired and seems to have pulled back. My target’s 6128.55, and my open position has a stop loss below 5952.51. If you missed last week’s trade, a new trigger could be a 1-hour resistance break at 6014.20. If you’re already long, no need to double up.

Final Note
my max risk per trade is 1%, and I suggest you stick to that or lower. I’m cooking up a Money management guide soon, diving deep into why it’s the key to outpacing 90% of traders and boosting your odds of consistent profits. Stay tuned! 🚨 No FOMO, and have an awesome week!

💬 Let’s Talk!
If this watchlist lit a spark, hit that boost—it means a ton! 😊 Got a pair or setup you want me to tackle? Drop it in the comments. Thanks for rolling with me—keep trading smart! ✌️