Prime Trader Signals💰
Intraday and swing trading signals for Forex, commodities, indices.
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Put tp at 2397
And also put buy limit there with:
Stop at 2373
Tp at 2415
👍 1
Sell limit Gold @ 2420
SL @ 2435
TP @ 2375
Each 0.01 trade has a risk of 15usd
Keep it overnight and tomorrow also
#XauUsd update before CPI
Ahead of the CPI release, the gold market (XAU/USD) is poised for potential volatility.
While stronger-than-expected inflation data could pressure gold prices lower, a surprise to the downside could buoy prices higher.
However, analyzing the current price action and the market's tendency to anticipate news, I anticipate a continuation of the uptrend. Key support levels are at $2370 and the crucial $2350, with a breach of the latter potentially shifting the outlook to bearish.
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#EurUsd - Could rise to 1.11 this summer
The EUR/USD exchange rate has recently found a solid foundation near the 1.07 level, paving the way for a potential upswing.
After the NFP report on Friday, the pair has been consolidating, but it's now testing the highs reached that day. A breakout could lead to a rapid appreciation, targeting 1.11 in the medium term.
The 1.10 level presents initial resistance, but the May-June highs are unlikely to pose significant obstacles for the bulls, suggesting a smooth path forward.
👍 1
Buy Limit Gold @ 2360
SL @ 2343
TP @ 2390
Each 0.01 trade has a risk of 17usd
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#EUR/CAD: Potential Revisit of Recent Lows
In early June, EUR/CAD tested the key 1.5000 level, prompting sellers to drive the pair down to 1.4600. A subsequent corrective move brought the price to 1.4750, where it currently trades.
Notably, the 1.4800 level presents significant technical resistance, and the recent upswing appears to be a corrective move contained within a flag pattern. This suggests a high likelihood of a new leg down.
I am looking to sell into rallies with a risk-reward ratio of 1:3.
👍 1
Sell Limit EurCad @ 1.4770
SL @ 1.4810
TP @ 1.4610
Each 0.01 trade has a risk of 3 usd
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