Market commentary Feb 21 – Gold & FX are accumulating

avatar
· Views 450

#ChươngTrìnhThủLĩnhÝTưởng#

Overview of the market on February 21


Gold:


Gold has risen above the old peak resistance last week but the buying power has disappeared after it was reported that Mr. Biden and Mr. Putin had agreed to talk.

Technical analysis: Candlestick H4 is showing a bearish signal, but the selling force is still not clear. The closing candle body is a doji candle, so we will wait for a sell signal

Forecast: Gold trend still has room to increase but the signal is uncertain so we will not enter the trade for the time being.

Market commentary Feb 21 – Gold & FX are accumulating

 

EURUSD:


EURUSD bounced back when the USD weakened. The current price zone is at the resistance level and it is possible that the price will have a signal to increase again. However, the uptrend may not be strong

The 1.131 support level is quite sensitive and we will not fomo buy at this time

Forecast: Entry signal may be in this afternoon session

Market commentary Feb 21 – Gold & FX are accumulating

 

GBPUSD:


GBPUSD is also showing signs of an upside correction but the resistance above the figure still holds.

In the current trend I don't think we should buy GBPUSD

Forecast: price is likely to stay flat, I'm still waiting for a sell signal

Market commentary Feb 21 – Gold & FX are accumulating

면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.

이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
댓글 3

  • tradingContest