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Perfect Sell Positions GOLD
2325 SL 2332
TP 2321/2317/2312/
Intraday: watch 2311.00.
XAU/USD may fall 7.00-15.00 USD
Our preference
Short positions below 2333.00 with targets at 2319.00 & 2311.00 in extension.
2344.00 Resistance
2339.00 Resistance
2333.00 Resistance.
2326.00 Last
2333.00 Pivot
2319.00 Support.
2311.00 Support..
2303.00 Support...
Comment
As long as the resistance at 2333.00 is not surpassed, the risk of the break below 2319.00 remains high.
Alternative scenario
Above 2333.00 look for further upside with 2339.00 & 2344.00 as targets.
Gold Buy Now 2320/18
SL 2314
TP 2424/2328/2332
Intraday: bullish bias above 2318.00.
XAU/USD may rise 7.00-13.00 USD
Our preference
Long positions above 2318.00 with targets at 2331.00 & 2337.00 in extension.
2345.00 Resistance
2337.00 Resistance..
2331.00 Resistance
2324.00 Last
2318.00 Pivot
2318.00 Support.
2311.00 Support..
2302.00 Support ...
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.
Perfect Account Managmet Service's
Gold Buy Posttions 2325/ 2322
SL 2318
TP 2328/ 2333
Intraday: intraday support around 2323.00.
XAU/USD may rise 6.03 16.03 USD
Our preference
Long positions above 2323.00 with targets at 2334.00 & 2344.00 in extension.
2355.00 Resistance
2344.00 Resistance
2334.00 Resistance.
2327.97 Last
2323.00 Pivot
2323.00 Support.
2316.00 Support..
2306.00 Support
Comment
The RSI is below its neutrality area at 50% but reversing up.
Alternative scenario
Below 2323.00 look for further downside with 2316.00 & 2306 00 as targets
GOLD buy 2325 2322
TP 2330
TP 2334
SL 2319
GOLD BUY NOW 2332 SL 2325
TP 2336
TP 2340/46
Intraday: further advance.
XAU/USD may rise 4.00-14.00 USD
Our preference
Long positions above 2327.00 with targets at 2341.00 & 2351.00 in extension.
2359.00 Resistance
2351.00 Resistance
2341.00 Resistance.
2337.00 Last
2327.00 Pivot
2327.00 Support.
2318.00 Support..
2311.00 Support...
Comment
The RSI is bullish and calls for further upside.
Alternative scenario
Below 2327.00 look for further downside with 2318.00 & 2311.00 as targets.
EURUSD BUY now
Tp 1.0760
Tp2 1.800
SL. 1.0720
Intraday: bullish bias above 1.0720.
EUR/USD may rise 24-44 pips
Our preference
Long positions above 1.0720 with targets at 1.0760 & 1.0780 in extension.
1.08000 Resistance
1.07800 Resistance
1.07600 Resistance.
1.07360 Last
1.07200 Pivot
1.07200 Support.
1.07050 Support..
1.06900 Support...
Comment
The RSI lacks downward momentum.
Alternative scenario
Below 1.0720 look for further downside with 1.0705 & 1.0690 as targets.
Gold Buy Now
TP 2335/2341/
SL 2322
Intraday: intraday support around 2324.00.
XAU/USD may rise 5.00-11.00 USD
Our preference
Long positions above 2324.00 with targets at 2335.00 & 2341.00 in extension.
2351.00 Resistance
2341.00 Resistance
2335.00 Resistance.
2330.00 Last
2324.00 Pivot
2324.00 Support.
2317.00 Support..
2307.00 Support
Comment
The RSI is above its neutrality area at 50%.
Alternative scenario
Below 2324.00 look for further downside with 2317.00 & 2307 00 as targets..
Destroyed It π
Complete Done Targetππ
Gold Sell Now 2319
SL :2324
TP:2316.
TP:2313.
EURUSD Forecast
EURUSD had a volatile week, gaining over 114 pips just hours before Wednesdayβs FOMC.
However, we knew the pair had confirmed a fakeout above its 2021 trend line the week before, and that 1.0860 was resistance.
The EURUSD came within 8 pips of that resistance level on Wednesday before dropping 180 pips at todayβs low.
Despite Wednesdayβs volatility, the price action this week is playing out as we might expect.
A sustained break below 1.0725 today flips that area to new resistance, but sellers should be aware of the November 2022 trend line at 1.0650 next week.
If EURUSD closes today above 1.0725, it would keep the level intact as support early next week.
Weekly Forex Forecast For June 17-21, 2024
DXY, EURUSD, GBPUSD, EURCAD, XAUUSD
Stay Tuned
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