#XAU/USD# We have se...من Mancy Lee

28 Nov 2022, 09:19 · Views 1,173

#XAU/USD# We have seen that tenka cut down kiju, a general downtrend is observed, we probably have to wait for sell signal at 1743. If it closed the candle at 1743, we can confidently sell with SL 1749, TP 1738, 1734,1732.

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Mancy Lee

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DNBC Global / Forexcec.com / https://www.dnbcmarkets.com I'm here to give you some advice, trading scenario. It would be great if you could earn something from Forex.

XAU/USD

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المزيد

#XAU/USD# Good morning, this is the weekly gold prediction Gold price this week has been under selling pressure when approaching the level of 1,800 USD/oz. Accordingly, after heading the threshold of USD 1,787/oz, the international gold price dropped sharply for 3 consecutive trading sessions, sometimes down to USD 1,747/oz and closed the week at USD 1,750/oz. The reason gold price is under downward pressure in the last trading sessions of this week is because FED officials stated that FED will continue to tighten monetary policy even though US inflation has dropped continuously for a while. Technically, after the up phase from 1618 to close to 1787, gold price showed signs of decreasing again after the price reaction around dynamic resistance with Weekly frame. can return to the area 1725-1700. If it sustains around this level and then moves up to break the 1800 round resistance, a new uptrend can be confirmed. Expected entry: Sell 1766, SL 1769, TP 1755, 1744, 1786 Buy 1670, SL 1665, TP 1708, 1715, 1724

Mancy Lee

#GBP/USD# We can expect it reached 1.1546 (in case it broke resistance 1.1514), it would begin to plumb to 1.1437. However, it could possibly begin to fall back to 1.1437 immediately. For that reason, we could place: Sell 1.1547, SL 1.1567 TP 1.1527, 1.1520, 1.1514 Buy 1.1440, SL 1.1420, TP 1.1459, 1.1474, 1.1494

Mancy Lee

#XAU/USD# morning guys, early this morning, we could expect gold to reach 1766, at this point, we will have to see what price action will be, maybe 2 or 3 H1 candle to see whether it is a reversal trend back to 1755 or even 1732, yet on the other hand we could expect it skyrocket to 1800 since DXY is now in the downtrend and it has reached resistance. Try to be stay alert and be secured with your profit. Today I will not open any position since the market is quite unpredictable. Good luck guys.

Mancy Lee

#GBP/USD# This is my expectation for GBPUUSD. Morning guys , Yesterday GU has suddenly broke the ascending trend. Therefore, it has formed a descending back to 1.3330. Therefore, I believe there two scenarios that we could possibly think for today’s GU. 1st: if it break through 1.1429, it could skyrocket to 1.1600, yet be careful the trendline,1.1500, once it broke 1.1500 we could confidently place buy position 1.1518, SL 1.1498, TP 1.1540, 1.1560. 2nd: if it plumbed to 1.1300, we could wait for retest signal at 1.1357 to start selling, SL 1.1387, TP 1.1320, 1.1300, 1.1270

Mancy Lee

#GBP/USD# Yesterday, My second scenario happened. Yet we can continue to expect it would sideway somewhere among 1.2000 and 1.1713. We probably have to wait for the next market signals such as market news. However, we can start sell position at 1.2000, SL 1.2020, TP 1.1967 for a litte bit of scalping or buy 1.1715, SL 1.1651, TP 1.1769, 1.180. Good luck guys.

Mancy Lee