Fundamentals : This is a USD market! Gold does not look favorable until 1600 or 1400. Technicals : It appears that we are in the wave 3. Price piercing the weekly 200 ema bearish technicals March 2020 Support Breaking Strong USD fundamentals
Fed speech last Friday made USD strengthen and DXY technically looks upwards till 110 zones which let other Major pairs will face effects, that too GBPUSD looks bearish till 1.15 zone, Expect a bounce back from the low there, Cant neglect the fact of NFP reports on Sep 2, Friday
So frens, Strong hit rock bottom, like in the screencap to see all we have to do is hold it here or give enough money in to break the bullish formation upwards Accumulation till 25th may. We can do this together right now -4million mc 110k circulation de.tradingview.com
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STRONG continuation long. No momentum required, swing up on fisher. Targets in the chart.
How low may gold go when yields recover from their recent lows?
Idea behind, I'm bias toward USD going strong for this week and will look for correction next week. Due to recent price action, buyer is not interested at recent low as the inflection reports are storming through out the internet regardless of other countries are doing well too... it's what it is... showing lower demand price is now a bigger interest for the...
Quick dip because of recent dollar strength, G7 32575 TP1 30360 TP2 can dip to 24K and lower off FUD
I was initially expecting a higher retracement, but due to the dollar being very strong at the moment, it was only a short retracement. I entered a sell position with a 30 pip Sl. The Monthly, Weekly and Daily are all showing bearish signs and a appears that price is ready to make the huge move of the Head and Shoulders pattern. I could be wrong, what's your...
Intraday long position for USDCAD, targets at 1.2880 - 1.2900
Intraday short position on AUDUSD below 0.7670, targets at 0.7620 - 0.7600
UPCOMING SHORT IS TRIGGERED WHEN TRENDLINE IS BROKEN
FED wants strong USD or not??? Tomorrow don't miss FED Meeting event! Watch out FX:EURUSD !!!
Based on price action in the weekly chart and DXY possibly edging higher to 100, it might still take more time before gold recovers. Most likely it will continue to go sideways. Entering sell stop order few pips below @1200 to continue riding bearish momentum of XAUUSD and take advantage of stronger dollar, with TP between @1180 - 1185, and SL near its recent...
Good ol' higher highs and higher lows. Things look equally good on 4H and 1D Chart. Set TP@ 0.9478 and SL@ 0.9347
continuing down trend. good retracement on the most recent down trend.