Gold Price Outlook: Gold Pops on Hot Inflation- Bulls Eyes Resistance2021-06-10 17:16:00Gold prices are contracting within the June opening ran..
Gold Technical Price Outlook: XAU/USD Near-term Trade Levels
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Gold prices are virtually unchanged since the start of the week with XAU/USD recouping early losses on the heels of today’s US Inflation data release. While the broader outlook remains constructive, the April rally may yet be vulnerable while below technical resistance just higher and our immediate focus is on a break of the monthly opening-range for guidance. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical setup and more.
Gold Technical Price Outlook: XAU/USD Near-term Trade Levels
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Gold prices are virtually unchanged since the start of the week with XAU/USD recouping early losses on the heels of today’s US Inflation data release. While the broader outlook remains constructive, the April rally may yet be vulnerable while below technical resistance just higher and our immediate focus is on a break of the monthly opening-range for guidance. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical setup and more.
Eurusd buy
As we can see, a local channel has been formed within the global one.
The fight at the strong level 1.21779 continues to exist.
Yesterday's short forecast would have been relevant for today, if the instrument had gone below 1.210,
but this did not happen, we just pushed off again from the formed support and returned to the long zone beyond the level of 1.21779.
We suppose that the price will stay in this local channel for some time, we expect a slight increase.
———————
As we can see, a local channel has been formed within the global one.
The fight at the strong level 1.21779 continues to exist.
Yesterday's short forecast would have been relevant for today, if the instrument had gone below 1.210,
but this did not happen, we just pushed off again from the formed support and returned to the long zone beyond the level of 1.21779.
We suppose that the price will stay in this local channel for some time, we expect a slight increase.
———————
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Investment for five working days
300$ <-----------------------> $3000
400$ <-----------------------> $4000
500$ <-----------------------> $6000
600$ <-----------------------> $6500
1000$ <----------------------> $10000
1500$ <----------------------->$12500
2000$ <-----------------------> $14000
3000$ <-----------------------> $16000
4000$ <-----------------------> $19000
If You Are Interseted In this offers contact admin now
@rosefx03
Five star FX TRADING SIGNALS
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Contact admin
@rosefx03
🔹NOTICE TO ALL SUBSCRIBERS🔹
🌐This platform is a business platform, its aim is solely to help people from all round the world make good profits. We do not entertain any chats or discussions which do not gear towards uplifting ones financial status. Please stick to the platform instructions to avoid being ignored.
✅When you contact, make your chats brief and straight to the point because there are lots of people here who also chat us daily for business.
❌We do not entertain inactive members, if what the platform offers isn't what you want, kindly EXIT the channel now...
✅We are always open for business, contact us at any time and wait for response.
❌We do not encourage SCAM here, every work done here are 100% legit, real and that's the major reason why We keep sharing proofs of our work, video testimonies of investors, etc... Invest with this platform and grow your money comfortably, that is what we do here!💡
Contact admin
@rosefx03
TOTAL SCORE FOR VIP SIGNALS
Monday 07/06/2021 score:
EURAUD BUY TP1 +20 pips✅
EURAUD BUY TP1 +20 pips✅
CADJPY SELL TP2 +50 pips✅
GBPNZD SELL TP3 +100 pips✅
USDJPY SELL TP2 +50 pips✅
AUDCAD BUY TP2 +50 pips✅
AUDCAD BUY TP2 +50 pips✅
CADJPY SELL TP2 +50 pips✅
CADJPY SELL TP2 +50 pips✅
XAUUSD SELL TP2 +50 pips✅
XAUUSD SELL TP1 +20 pips✅
TOTAL: +510 PIPS✅
Tuesday 08/06/2021 score:
EURCAD BUY TP2 +50 pips✅
EURCAD BUY TP2 +50 pips✅
USDCAD BUY TP1 +20 pips✅
GBPNZD SELL SL -40pips🚫
CADCHF SELL TP2 +50 pips✅
NZDUSD SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
EURAUD BUY TP1 +20 pips✅
CHFJPY SELL SL -40pips🚫
AUDCHF SELL TP1 +20 pips✅
AUDCHF SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
AUDUSD SELL TP1 +20 pips✅
Total = 370 PIPS ✅
Wednesday 09/06/2021 score:
NZDUSD SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
EURAUD BUY TP1 +20 pips✅
CHFJPY SELL SL -40pips🚫
AUDCHF SELL TP1 +20 pips✅
AUDCHF SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
AUDUSD SELL TP1 +20 pips✅
XAUUSD SELL TP3+100 pips✅
XAUUSD BUY TP3 +100 pips✅
Total = 400 PIPS ✅
Thursday 10/6/2021 score:
XAUUSD/GOLD SELL ✅ +50PIPS
GBPUSD BUY ⛔ -20PIPS
CHFJPY SELL ⛔ -35PIPS
EURUSD SELL ✅ +50PIPS
GBPUSD SELL ✅ +50PIPS
EURAUD BUY ✅ +50PIPS
USDCAD BUY ✅ +20PIPS
XAUUSD/GOLD SELL ✅ +100PIPS
US30 SELL ✅ +1000PIPS
AUDJPY SELL ✅ +20PIPS AND STILL RUNNING
GBPUSD SELL ✅ +100PIPS
GBPUSD SELL ✅ +100PIPS
GBPCAD SELL ✅ +50PIPS
CADJPY BUY ⛔ -45PIPS
GBPAUD BUY ✅ +74PIPS
Total = 718 PIPS ✅
Friday 11/6/2021 score:
AUDJPY SELL ✅ +50PIPS AND STILL RUNNING
GBPAUD BUY ✅ +100PIPS
US30 BUY ✅ +2000PIPS
EURAUD BUY STILL RUNNING
GBPUSD SELL ⛔ +37 PIPS
GBPUSD SELL ✅ +50PIPS AND STILL RUNNING
GBPUSD SELL ✅ +50PIPS AND STILL RUNNING
EURNZD BUY ✅ +86PIPS CLOSE
US30 BUY ✅ +1000PIPS
Total = 4791 PIPS✅
To join our VIP signals channel, send a direct message to
@rosefx0
Monday 07/06/2021 score:
EURAUD BUY TP1 +20 pips✅
EURAUD BUY TP1 +20 pips✅
CADJPY SELL TP2 +50 pips✅
GBPNZD SELL TP3 +100 pips✅
USDJPY SELL TP2 +50 pips✅
AUDCAD BUY TP2 +50 pips✅
AUDCAD BUY TP2 +50 pips✅
CADJPY SELL TP2 +50 pips✅
CADJPY SELL TP2 +50 pips✅
XAUUSD SELL TP2 +50 pips✅
XAUUSD SELL TP1 +20 pips✅
TOTAL: +510 PIPS✅
Tuesday 08/06/2021 score:
EURCAD BUY TP2 +50 pips✅
EURCAD BUY TP2 +50 pips✅
USDCAD BUY TP1 +20 pips✅
GBPNZD SELL SL -40pips🚫
CADCHF SELL TP2 +50 pips✅
NZDUSD SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
EURAUD BUY TP1 +20 pips✅
CHFJPY SELL SL -40pips🚫
AUDCHF SELL TP1 +20 pips✅
AUDCHF SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
AUDUSD SELL TP1 +20 pips✅
Total = 370 PIPS ✅
Wednesday 09/06/2021 score:
NZDUSD SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
EURAUD BUY TP1 +20 pips✅
CHFJPY SELL SL -40pips🚫
AUDCHF SELL TP1 +20 pips✅
AUDCHF SELL TP1 +20 pips✅
EURAUD BUY TP2 +50 pips✅
AUDUSD SELL TP1 +20 pips✅
XAUUSD SELL TP3+100 pips✅
XAUUSD BUY TP3 +100 pips✅
Total = 400 PIPS ✅
Thursday 10/6/2021 score:
XAUUSD/GOLD SELL ✅ +50PIPS
GBPUSD BUY ⛔ -20PIPS
CHFJPY SELL ⛔ -35PIPS
EURUSD SELL ✅ +50PIPS
GBPUSD SELL ✅ +50PIPS
EURAUD BUY ✅ +50PIPS
USDCAD BUY ✅ +20PIPS
XAUUSD/GOLD SELL ✅ +100PIPS
US30 SELL ✅ +1000PIPS
AUDJPY SELL ✅ +20PIPS AND STILL RUNNING
GBPUSD SELL ✅ +100PIPS
GBPUSD SELL ✅ +100PIPS
GBPCAD SELL ✅ +50PIPS
CADJPY BUY ⛔ -45PIPS
GBPAUD BUY ✅ +74PIPS
Total = 718 PIPS ✅
Friday 11/6/2021 score:
AUDJPY SELL ✅ +50PIPS AND STILL RUNNING
GBPAUD BUY ✅ +100PIPS
US30 BUY ✅ +2000PIPS
EURAUD BUY STILL RUNNING
GBPUSD SELL ⛔ +37 PIPS
GBPUSD SELL ✅ +50PIPS AND STILL RUNNING
GBPUSD SELL ✅ +50PIPS AND STILL RUNNING
EURNZD BUY ✅ +86PIPS CLOSE
US30 BUY ✅ +1000PIPS
Total = 4791 PIPS✅
To join our VIP signals channel, send a direct message to
@rosefx0
Eurusd sell
The price moved away from a strong level under the pressure of bears and enters a correction at the moment.
Notice how everyone was bred at the level of 1.21746.
Infected zone, tough place, a lot of news, a lot of level crossings on local timeframes.
In general, now the picture is more or less clear.
Finally, we can say more specifically that we are expecting a prolonged correction until the price channel is supported, but again, please do not forget that it is impossible to guess the market.
The price moved away from a strong level under the pressure of bears and enters a correction at the moment.
Notice how everyone was bred at the level of 1.21746.
Infected zone, tough place, a lot of news, a lot of level crossings on local timeframes.
In general, now the picture is more or less clear.
Finally, we can say more specifically that we are expecting a prolonged correction until the price channel is supported, but again, please do not forget that it is impossible to guess the market.
GBP/USD Forex Signal: Looking Prone to Bearish Breakdown
The price is sitting heavy near 1.4100 level.
Last Wednesday’s GBP/USD signals were not triggered, as there was no bullish price action when the support level at 1.4116 was first reached.
Today’s GBP/USD Signals
Risk 0.75%.
Trades may only be taken prior to 5pm London time today.
Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.4123 or 1.4200.
Place the stop loss 1 pip above the local swing high.
Move the stop loss to break even once the trade is 20 pips in profit.
Remove 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to ride.
The price is sitting heavy near 1.4100 level.
Last Wednesday’s GBP/USD signals were not triggered, as there was no bullish price action when the support level at 1.4116 was first reached.
Today’s GBP/USD Signals
Risk 0.75%.
Trades may only be taken prior to 5pm London time today.
Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.4123 or 1.4200.
Place the stop loss 1 pip above the local swing high.
Move the stop loss to break even once the trade is 20 pips in profit.
Remove 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to ride.
E-TRADE
GBP/USD Forex Signal: Looking Prone to Bearish Breakdown The price is sitting heavy near 1.4100 level. Last Wednesday’s GBP/USD signals were not triggered, as there was no bullish price action when the support level at 1.4116 was first reached. Today’s…
Long Trade Ideas
Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.4098 or 1.4010.
Place the stop loss 1 pip below the local swing low.
Move the stop loss to break even once the trade is 20 pips in profit.
Remove 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to ride.
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.
Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.4098 or 1.4010.
Place the stop loss 1 pip below the local swing low.
Move the stop loss to break even once the trade is 20 pips in profit.
Remove 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to ride.
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.
GBP/USD Analysis
I wrote last Wednesday that the technical picture was not changing, with the price continuing to range between 1.4200 and 1.4100. I thought that there might be a breakout on Thursday, but I saw the best opportunities here for Wednesday as likely to arise at any reversals which might set up at either 1.4200 or 1.4116.
The price did reach 1.4116 on Wednesday but continued to fall before turning bullish the next day after the 1.4100 held, so my prediction that the ranging environment support at 1.4100 would hold turned out to be correct.
The 1.4100 area is under pressure again, and we see this multi-week consolidation now starting to look heavy as the U.S. dollar seems to be emerging as the strongest major currency. This suggests that we are becoming increasingly likely to see a strong bearish breakdown below the lower boundary of the recent consolidation pattern at 1.4100.
I wrote last Wednesday that the technical picture was not changing, with the price continuing to range between 1.4200 and 1.4100. I thought that there might be a breakout on Thursday, but I saw the best opportunities here for Wednesday as likely to arise at any reversals which might set up at either 1.4200 or 1.4116.
The price did reach 1.4116 on Wednesday but continued to fall before turning bullish the next day after the 1.4100 held, so my prediction that the ranging environment support at 1.4100 would hold turned out to be correct.
The 1.4100 area is under pressure again, and we see this multi-week consolidation now starting to look heavy as the U.S. dollar seems to be emerging as the strongest major currency. This suggests that we are becoming increasingly likely to see a strong bearish breakdown below the lower boundary of the recent consolidation pattern at 1.4100.