yurell

yurell

A Bear breakout from all-time high due to effect of stronger dollar and closer monitoring of copper market in China and lesser demand. Watch out the levels.

yurell Updated 

XAUUSD gold on a retracement path after testing the 1900 level; eyeing 1885 and 1870 support levels. DXY looks supportive.

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Silver XAGUSD might move further to the next resistance leve @28+ . Stoploss at 26.90.

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Possible technical scenarios for copper to reach 4.3 in the next week. Stop-loss at 4.0

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Technicals are supporting a short-term upside move of xauusd gold. The bullish bias is supported by dobble bottom on daily chart and the last two breakout candles, targeting the resistance level at 1800 soon.

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Worth watching Gold at this interesting position! It may break up- or downward.

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Bullish case: Today's NFP will make it or break it. Strong NFP data could push this even more to the upside and break the roof. There is still room for a spike in CCI, and DXY is bullish. Bearish case: Weak or bad NFP push this pair to the downside (or maybe it stays and consolidate in the same levels). We are at a strong resistant level, which makes retracement...

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This pair might break above the 109 resistance or take a short trip downward.

yurell Updated 

Probable retracement & opportunity for downward continuation to the next support level.

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bearish bias

yurell

UKOIL bearish bias as of today ...