Can Sell half of the positions here and remaining half after retracement. I am expectecting fall down 1.3350-1.3330 area.
Market Overview Asset: Gold (XAU/USD) Timeframe: 1H Current Trend: Downtrend Market Context: Fundamental Drivers: Gold faces downward pressure due to a strengthening US Dollar, driven by the Fed’s hawkish outlook on April 28, 2025, with no anticipated rate cuts in Q2 2025. Rising US 10-year Treasury yields (near 4.6%) are reducing demand for non-yielding assets...
All other pairss could follow this. But it's the end of the month, and many banks have holidays tomorrow. NFP on Friday... Anything is possible.
Trade with patience on this pair as there was election in Canada on this week. It is just my analysis. Let us Check how it works.
Buy From here or buy after the retracement. Follow proper risk managment. Regards LearnFx Mohan
I am expecting a small pull back before it going to drop. Can short half from here and add another after half on retracement. Follow proper risk management. Regrds LearnFx Mohan
The previous full month(November 2024) GBPJPY was in bearish/ Now the volume flow change into Bullish. Can Long half lot here and another half after the bull back.
The GBPJPY (British Pound to Japanese Yen) Technical Analysis: Trend: The overall trend appears to bullish. Volume changing from Bearish to Bullish. A small correction might occur before it goes up. Can long half lot here and reamining half after the retracement level