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Bullish bounce?USD/JPY is falling towards the support level which is a pullback support that is slightly below the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 147.18 Why we like it: There is a pullback support level. Stop loss: 145.79 Why we like it: There is an overlap level that is slightly above the 50% Fibonacci retracement. Take profit: 149.28 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
XAU is down slightly but still in bullish territoryGold prices surged after Federal Reserve Chairman Jerome Powell spoke. While buyers also are careful approximately how hawkish the Fed will be Caution and profit-taking strain can be elements that save you gold from persevering with to rise. However, many latest forecasts display that the medium and long-time period fashion of gold continues to be pretty bright. Demand for this commodity is forecast to growth. Major finances withinside the global also are growing their gold reserves According to technical analysis, gold charges nevertheless generally tend to growth strongly withinside the quick time period
OANDA:XAUUSD
by NicoTradingMaster
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