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forexacademe

With rising US Bond Prices and profit booking going around with vaccine rollout and shift in a positive upward bias in USD possible gold scenario.

forexacademe

Despite calmer tones in the market so far in European morning trade, the dollar is still keeping bid as there is still an air of uncertainty ahead of US trading later. As much as the dollar is keeping firmer so far today, a lot still rides on the overall market sentiment and how the bond market plays out ahead of the weekend. On the other hand, CAD is doing good...

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With Safe-Heaven demand diminishing and the vaccine rollout Gold is seen moving down for some time until something comes up. A possible scenario explained. Rectified.

forexacademe

With Safe-Heaven demand diminishing and the vaccine rollout Gold is seen moving down for some time until something comes up. A possible scenario explained.

forexacademe

Details are given on chart.

forexacademe

Details provided on chart.

forexacademe

Buy USDTRY Around 5.8245 Stop below 5.7888 Target 5.9200 With all the ongoing drama we are looking to go long.

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Details provided on chart.

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Short trade all details on chart.

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Sell @ 118.20 Stop above 118.75 Target 117.60 then 117.20

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According to current behaviour I see BTC going down in the short term. Trade details are available on the chart and based on technical point of view and current market sentiment.

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Gold is a safe haven at this time. A rate cut is priced in of US Fed after worse than expected ISM Manufacturing and Non-Manufacturing PMI.

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Everything explained in charts are based on technical analysis. Trade Details are included in the chart. This is just for education purposes.