Stein's Trading & Markets Ltd.
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Welcome to Stein's Trading And Markets Ltd. This company is registered in Nigeria RC: 1728507. Website: Steinstrading.com
A trading service focused at providing;
🎯 Free Signals,
🎯 Market Analysis,
🎯 Tutoring/Mentorship,
🎯 High Impact News Update.
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Stein's Trading & Markets Ltd.
SWISS BANKQUOTE RESEARCH TEAM XAUUSD (GOLD) OUTLOOK.
SWISS BANKQUOTE RESEARCH TEAM
XAUUSD (GOLD) TRADE OUTLOOK.
DATED 22nd May, 2020.
I seem to have two different setups for XAUUSD. This is really confusing because there are so many uncertainties I'm dealing with on my analysis for this week.
I'd share both setups here and we'll watch XAUUSD for any indications to support our move.
💥💥 These is my prediction for XAUUSD for the week. I'll put you through both scenarios below.

BEARISH SCENARIO: Following the recent price movement. The next move is likely to be a higher low and a lower low which might stop around 1710 - 1720 or even break depending on the bearish pressure created by price action. If all goes well and we have no sudden breaking news assuming the Hong Kong - China dispute doesn't escalate then it should get down to 1710 - 1700.

BULLISH SCENARIO: Although we have a bear in mind, a bullish scenario seems to be inevitable. Sooner or later XAUUSD will head to the 1780 - 1800.00 What may be key is when!. So for that we'll like to see it obey this setup and fall for a final time to retest some major support or even fall a little just to create a double bottoms at 1720.00 Then we can pick up a long order. It's the 5th month of the year and XAUUSD is up 14% already. I will tell you this, this commodity is likely to touch $2000 this year.
ᴡᴇʟᴄᴏᴍᴇ ʙᴀᴄᴋ ɢᴜʏs!

ᴍᴀʏ ᴛʜɪs ɴᴇᴡ ᴡᴇᴇᴋ sᴡᴇᴇᴘs ᴀᴡᴀʏ ᴀʟʟ ʏᴏᴜʀ ᴡᴇʀɪɴᴇss ᴀɴᴅ ꜰɪʟʟs ʏᴏᴜʀ ʟɪꜰᴇ ᴡɪᴛʜ ɴᴇᴡ ᴇɴᴇʀɢʏ ᴛᴏ ᴘᴜsʜ ᴏɴ ᴇᴠᴇɴ ʜᴀʀᴅᴇʀ.

ᴛʜᴇ ᴊᴏᴜʀɴᴇʏ ᴛᴏ sᴜᴄᴄᴇss ʙᴇɢɪɴs ᴡɪᴛʜ ᴀ sᴛᴇᴘ. ᴛᴀᴋᴇ ᴛʜᴀᴛ sᴛᴇᴘ ᴛʜɪs ᴡᴇᴇᴋ.
ʙᴇʟɪᴇᴠᴇ & ᴀᴄʜɪᴇᴠᴇ

ᴍᴀʏ ɢᴏᴅ ᴍᴀᴋᴇ ᴛʜɪs ᴡᴇᴇᴋ ɢʀᴇᴀᴛ ᴀɴᴅ ʙᴇɴᴇꜰɪᴄɪᴀʟ ꜰᴏʀ ᴜs!

ᴡɪsʜ ʏᴏᴜ ɢᴏᴏᴅ ʟᴜᴄᴋ👍
ᴛʜᴀɴᴋs
Times shown in GMT

🗞 Major news release date/times for the following week

Have an amazing trading week everyone💯
SIGNAL: SELL GBPJPY

ENTRY: 131.00

SL: 131.60 (60 PIPS)

TP 1: 130.60 (40 PIPS)

TP 2: 130.20 (80 PIPS)

TP 3: 129.80 (120 PIPS)

TP 4: 129.40 (160 PIPS)

TP 5: 129.00 (200 PIPS)

RISK REWARD RATIO = 1 : 5 #Newplan1
SIGNAL 📶: SELL USDCHF

ENTRY: 0.9720

SL: 0.9790

TP 1: 0.9680 (40 PIPS)

TP 2: 0.9640 (80 PIPS)

TP 3: 0.9600 (120 PIPS) #Newplan2
Stein's Trading & Markets Ltd.
SIGNAL: SELL GBPJPY ENTRY: 131.00 SL: 131.60 (60 PIPS) TP 1: 130.60 (40 PIPS) TP 2: 130.20 (80 PIPS) TP 3: 129.80 (120 PIPS) TP 4: 129.40 (160 PIPS) TP 5: 129.00 (200 PIPS) RISK REWARD RATIO = 1 : 5 #Newplan1
SIGNAL: SELL LIMIT GBPJPY (2)

ENTRY: 131.40

SL: 131.80 (40 PIPS)

TP 1: 131.00 (40 PIPS)

TP 2: 130.60 (80 PIPS)

TP 3: 130.20 (120 PIPS)

TP 4: 129.80 (160 PIPS)

TP 5: 129.40 (200 PIPS)

TP 6: 129.00 (240 PIPS)

RISK REWARD RATIO = 1 : 6 #Newplan3