When it comes to gold, Yes, shorting is still preferred. Crushing gold on August 9th, though, leaves long wick a little puzzled. So I'd like to see if gold can close as a bear candle at the end of the month. However, for the time being, a two-position high-low level is my preferred level for short-term long-term trading. Please check my previous gold trade...
Silver managed to breakout of a week of sideways trading last week, ending the week high at 24.87150. However, on the weekly chart, silver has already made a new bottom, and the current rise is probably a short-term retest of the previous weekly high 24.87150 So, if there is a rejection at level 22.72450 and a breakout at 23.59300, I see a chance to short-term...
A daily support breakout happened yesterday. For the time being, I see a pullback unless the price makes a new high. Please give me a thumbs up if you like this idea. Until then, happy trading!
EURJPY has been trading sideways for a few days... if price fails to break through a fresh high, it may be possible to ride this trend until target 1 is reached. For explanation, please refer to the previous trade plan. Please give me a thumbs up if you like this idea. Until then, happy trading!
Hello Traders ! Today we have a nice trading day ! USD is weak and most of the pairs like GBP/USD , AUD/USD are all the way up ! This could be change when US Stock Market will open up . For today I will bring you this trade, a short idea in my opinion and I tell you why AUDNZD entered in this low area in November 2018 and stay there, try several times to...