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Lukman_m

Flag continuation pattern on SILVER!The shakedown of US and Iran crisis and threat of war clearly gave a damaging impact on US Dollar. Investors are worried about the state of world economy and started to accumulate precious metals to protect their wealth against devaluation of Dollar. With a lot of alarming issues happening all around the globe, the demands for precious metals will continue to rise, increasing their prices. I would appreciate to hear any comment or idea from you guys. Whatever happen, Trade Safely!
TVC:SILVER
by Lukman_M
1
Ranging price movement for GOLD is about to end.Gold was trading in a bullish momentum for starting at the end of May until the mid of June. As we can see, the market is currently taking a break by making a ranging movement. In my personal opinion, the price is making a trend continuation pattern that seems to be a triangle. As for now, we can wait for the price to break the pattern with significant volume and initiate a trade. Trade Safely! I would appreciate if anyone would give any instructive comment!
TVC:GOLD
by Lukman_M
Area of Support for GBPJPYThis is an important area that will determine the movement of this pair next week. If the support line hold and there is presence of buying momentum, we should take the long position. If the support line is broken and the selling pressure does not diminish, we should continue to take the short position. I personally think that instantly taking long position near the support area without the presence of buying momentum is suicidal! Anyway, good luck on the next week's trade. For those interested in joining my free analysis channel, you are welcomed to do so here: t.me
Education
by Lukman_M