FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Signals 28/05
Hey guys, today we will be once again looking at my top seven ideas for the next trading session
First, let’s look at how yesterday’s analysis panned out

As usual, we’ll start with EURUSD – I said there’s a 70% probability that this instrument will go up. The price held above 1.096, and then hit my target around 1.10, so that worked out great.

GBPUSD – Same picture, if the price holds below 1.2310, you were meant to short, and the price hit our Tp as well.

USDCAD – I recommended, you long after the false breakout, and honestly the idea still works, but the price didn’t quite touch our tp. Just stay in a position for now

Aussie-usd – I recommended you short, and the price hit my first target, so the idea worked very nicely.

Gold – I was bullish, I said that if the price forms a reversal model around the important level at 1700, you should long, with the first goal at 1720, and the price hit that.

I recommended you short Oil, and as you can see, the price hit our first target at 32/contract.

S&P 500 – I’m again quite bullish here, and I expected the price will form a pullback to 2980 and then go up again until 3040, and the price did hit our first target.


So that was yesterday, let’s move on to today’s signals.

Euro-dollar – The price is staying around an important level at 1.10, and if it holds above, you can long with a target at 1.1040, and if it holds below, short with a target at 1.095.

GBPUSD – same idea, the price is at a consolidation, and if it impulses out either way and then pulls back, use that as an entry with you first goal being 1.23 for a long and 1.2220 for a short.

USDCAD – I’m feeling bullish, my first target will be 1.1.3820 and the second - 1.3860

AUDUSD – It’s looking very similar to GBPUSD, the price is in a consolidation and can go either way. If you get a long scenario, you first target will be 0.6675, and 0.6560 for a short.

I’m still bullish in gold, but I expect a pullback to happen first from 1720 to 1716, but after the it’ll go up again and my first target is 1722, and the second is 1730

Oil, it’s in an important level at 31.50, and we have to wait for a reaction. If it impulses up and then pulls back, we can long with a target at 32.80, same if it impulses down, your first target will be 30.50

S&P 500 – I expect a pullback from 3040, to 3000. I recommend you wait for a reaction. If it impulses down, short, but there is a chance for a long if the opposite happens, and your first target will be around 3070


Well, that’s it for today, thank you very much for reading and I hope you found this useful. Have a great day.


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