GOLD: Will Keep Growing! The Next Goal is: 1960.91
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move up.
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Long-signal
GBPAUD: Long Signal Explained
GBPAUD
- Classic bullish pattern
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Buy GBPAUD
Entry Point - 1.93042
Stop Loss - 1.92106
Take Profit - 1.94453
Our Risk - 1%
Start protection of your profits from lower levels.
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US30USD Targets 78.6% Fibonacci ResistanceThe US30USD is currently experiencing a notable pullback, presenting an intriguing opportunity for a favorable risk-reward buying position. The breach of the downtrend trendline is a significant development that may indicate a potential reversal in the short or even long-term trend.
Our analysis suggests that we could witness a swift ascent toward the 78.6% Fibonacci resistance level.
EURUSD: Long Signal with Entry/SL/TP
EURUSD
- Classic bullish setup
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Long EURUSD
Entry Level - 1.09182
Stop Loss - 1.08835
Take Profit - 1.09702
Our Risk - 1%
Start protection of your profits from lower levels.
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BTCUSDT Breakout Sparks Excitement for Buying OpportunityBitcoin has achieved a significant milestone by breaking and closing above the downtrend trendline, indicating a highly positive price action. Following a minor pullback, we anticipate the price to continue its ascent toward the uptrend trendline.
However, there's an intriguing aspect to consider: BTC has two potential targets, either reaching the 161.8% Fibonacci level at $31.6k or the 1061.8% Fibonacci level at $43k. Currently, we advise adopting a cautious approach, but regardless of the outcome, this presents a captivating buying opportunity for both Bitcoin and altcoins. The timeframe for this opportunity could be either short-term or mid-term. Exciting times lie ahead.
USDCAD: Long Signal with Entry/SL/TP
USDCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Buy USDCAD
Entry - 1.31801
Stop - 1.31164
Take - 1.32757
Our Risk - 1%
Start protection of your profits from lower levels.
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EURUSD: Long Signal with Entry/SL/TP
EURUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Buy EURUSD
Entry - 1.09535
Sl - 1.09035
Tp - 1.10288
Our Risk - 1%
Start protection of your profits from lower levels.
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