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Free signal

BUY XAUUSD at 1769

Stop Loss 1765

Take Profit 1 at 1772
Take Profit 2 at 1778
Take Profit 3 at 1820

APPROPRIATE LOT SIZE 2% risk

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https://www.forexcracked.com/analysis/intraday-market-analysis-triple-tested-support/

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UPDATE: XAUUSD - Shift Sl to entry ✅

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XAUUSD - TP1 HiT✅ +20pips

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3rd UPDATE - CADJPY - moving well +80pips✅

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1st UPDATE - CADJPY - moving well +40pips✅ close 20%! Sl to entry!

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CADJPY - reached successfully 1stTP✅ +20pips

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GBPUSD - reached successfully 1stTP✅ +20pips

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EURCAD - reached successfully 1stTP✅ +20pips

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UPDATE on #COMMODITIES

#XAUUSD or #GOLD

- Gold stabilized enough after a sharp break the previous session to close higher on Friday as U.S. Treasury yields dipped and the U.S. Dollar eased off its session highs. The 10-year U.S. Treasury yield hovered around its 14-month high on Friday after the Federal Reserve declined to extend a rule expiring at the end of the month that relaxed the supplementary leverage ratio for banks during the pandemic. The yield on the benchmark 10-year Treasury note rose to 1.732% at the close. The yield on the 30-year Treasury bond rose to 2.451%.
- The rule allowing banks to hold less capital against Treasurys and other holdings was implemented to calm Treasury markets during the crisis and encourage banks to lend. The decision could have some adverse effects, traders have warned, it in response banks sell some of their Treasury holdings. That could send yields even higher at a time when a rapid rise in rates is already unnerving investors.

Technically View: The main trend is down according to the daily swing chart however, the minor momentum shifted to the upside on Tuesday when buyers took out a pair of minor tops at 1739.00 and 1742. If we break down below the lows of the previous weekly candlestick, we could expect that the gold market has much further to go, possibly down to 1500 in the next leg. Also target resistance is now seen near the 50-day moving average at 1794.
- A sustained move over 1744 will indicate the presence of buyers. If this move creates enough upside momentum then look for a potential acceleration to the upside with 1760-1787. A sustained move under 1745 will signal the presence of sellers. This could trigger a quick break into the major Fibonacci level at 1712.


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UPDATE: XAUUSD - massive profit running 730pips from last 2 trades!✅✅

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Free signal


SELL EURUSD at 1.2090

Stop Loss 1.2136
Take Profit 1 at 1.2070
Take Profit 2 at 1.1970
APPROPRIATE LOT SIZE 2% risk

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1st UPDATE - XAUUSD - moving well +40pips✅

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Free signal | Market Execution
Note:
BUY XAUUSD at 1793
Stop Loss 1789
Take Profit 1 at 1795
Take Profit 2 at 1800
Take Profit 3 at 1830
APPROPRIATE LOT SIZE 2% risk

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2nd UPDATE - CADJPY - moving well +65pips✅

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1st UPDATE - GBPUSD - moving well +40pips✅ close 20%! Sl to entry!

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free Signal

SELL CADJPY at 86.35
Stop Loss 86.88
Take Profit 1 at 86.12
Take Profit 2 at 85.20

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UPDATE - XAUUSD - moving well +60pips✅

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UPDATE on #COMMODITIES

#XAUUSD or #GOLD

⁃ Gold prices edged higher on Friday as yields whipsawed and eventually fell. The dollar rose pushing through the February highs. The U.S. Treasury yields surged following a larger than expected employment report. Nonfarm payrolls jumped by 379,000 in February and the unemployment rate fell to 6.2%. That compared with expectations of 210,000 new jobs and the unemployment rate holding steady from the 6.3% rate in January. Technical View: Resistance is seen near the 10-day moving average at 1749. Target support is seen near the June lows at 1670. Also prices are oversold as the RSI is printing a reading of 27, below the oversold trigger level of 30. Stochastic is printing a reading of 6, below the oversold trigger level of 20 which could foreshadow a small correction.
⁃ In the meantime, we have to recognize that gold prices are still in a full bearish formation given recent price declines.

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