JustinNGng

JustinNGng

CADJPY is flying so high in the premium zone and we just don't wanna touch it with any trade when it's in this area where all the worse things could happen. Other than that, we can wait when the trend eases and drops to Discount Zone where the neckline was broken after forming double bottom by the previous trend.

JustinNGng

Gold is less attracting to investors as US bonds yield higher interest. Any Gold-backed security/crypto could be then affected by this event causing their price to go down as least demand.

JustinNGng Updated 

Bear side too strong that that broke last low and rejecting to make a higher high due to strong bear force. We see a short opportunity here. Trade on your own risk

JustinNGng

XAUUSD is recovering after a slight down yesterday and will remain it uptrend from last week. ---------------------------------------------------------------------------------------------------------------------- #--!!!YOU MUST CONSIDER NEWS, ECONOMIC EVENTS WHEN TRADING!!!--# #--!!!TAKE INTO ACCOUNT BANK MONETARY POLICY OF CURRENCY YOU TRADE AND READ IT FOR...

JustinNGng

EURUSD is rejecting the low formed last Friday (~1.09110) so we can think of it had just retested the level and will keep continuing its uptrend. ---------------------------------------------------------------------------------------------------------------------- #--!!!YOU MUST CONSIDER NEWS, ECONOMIC EVENTS WHEN TRADING!!!--# #--!!!TAKE INTO ACCOUNT BANK...

JustinNGng Updated 

Gold prices rose from a three-month low as the dollar and bond yields fell after U.S. economic data, although worries over more Fed rate hikes capped gains.

JustinNGng Updated 

- Formed higher low - MA20 crossed up MA50 - Bullish trendline

JustinNGng Updated 

XAUUSD could slightly heal from the drop due to unchanged interest rate from the latest report denoting that the US economy may have stopped going down so badly. Gold price is rejecting the level 1940 (a very strong support zone). We could take a small risk here with 1.5 RR or buy up from the support zone where it...

JustinNGng

- Fair Value Gap should be filled - RSI starts leaving overbough zone. - Risky Trade 1:2 RR

JustinNGng Updated 

XAUUSD has created a LOWER LOW in comparison with its high last Friday and also a LOWER LOW. This indicates a short term sell trend as we are all waiting for Core CPI report which surely will be strongly affecting gold price. Bears and Bulls are now being very careful as they know there will be something tomorrow so price could bounce back and forth between...

JustinNGng Updated 

NAS100 broke through resistance and now is bouncing up and down (consolidating) between 2 major levels 14670 - 14509, however it created a HIGHER low and the bearish side seems not so interested in pushing the price down or they are still waiting for the price to come test the upper resistance to sell down so we can say that it is still in an up trend. The...

JustinNGng Updated 

EURUSD has been affected by lately jobless claim report which helped boost it near 13-DAY Resistance Zone. A retest is a likelihood so suggestion here is a medium risk of a buying opportunity should be taken into account. The pattern has formed a bullish momentum candle creating a temporary valid short-term resistance to push the price near somewhere resistance...

JustinNGng Updated 

XAUUSD is seemingly rejecting the resistance above it at around 1968. A medium risk of short position should be considered. RSI is also leaving its overbought level indicating a weaken in bulls.