Forexfactory
Silver H4 viewsilver is in channel now we can see the bullish flag and there is a possibility to move down in ISM.
Xauusd Traingle Gold is strugling at its uper trend line
now we are expecting a long bearish move in Gold untill 1430
USDJPY BULLISH BIAS TO 109.20 ANALYSISREASONS:
-Monthly Timeframe candle is bullish with a wick at the bottom (sellers exhaustion)
-Weekly Timeframe candle shows reverse head and shoulder pattern
-Daily Timeframe candle shows exhaustion from sellers and buyer (wick at top and bottom of candle)
-4HR Timeframe shows sellers exhaustion with doji
-Lower timeframes correlating with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
USD/JPY OutlookFX:USDJPY #USD/JPY has been in an upward trend for a long time. The price was close to the key resistance zone 112.78-113.17. The creation of a sales signal in this area may activate sellers. The breakthrough of the growth channel support will be an additional signal for the deepening of the downturn. Currently, the target is the first level of price attack 112.15.
XauUsd September OutlookWe are expecting the yellow metal to continue its uptrend till the last week of September, that's when we can see some sort of sell off coming in.And that would make it a short term top for Gold.Gauging from the speed of up-move the prices could go to the levels between $1360-1380, that's 2-3% rise from current levels.
The severity of selling would have to be seen to anticipate, how long will the downtrend continue and whether it will be a pull-back or change in trend.
We will update when changing dynamics necessitates so.
