opinion

Trinad Trinad XAUUSD, 240, Short , 4 months ago
XAUUSD: Is Gold going to retest the October low at $1240 ?!
113 0 2
XAUUSD, 240 Short
Is Gold going to retest the October low at $1240 ?!

The last bullish movement in gold stopped at the EMA 200, 0.382 retracement, and the old trend channel. I would like to see the gold price going down to $1240 to retest the October low where it might continue the bearish trend towards $1200. We have important news for the USD this week and the US election is in 10 days. So there might be soon a lot of action in ...

Trinad Trinad USDJPY, W, Long , 4 months ago
USDJPY: USDJPY Weekly Chart. On the way to test the high from July??
81 0 4
USDJPY, W Long
USDJPY Weekly Chart. On the way to test the high from July??

Looks to me like the USDJPY pair is on the way to test the high from July 2016 at 107.50 Around that level is the EMA200 which will be a resistance. If the Bulls' have collect enough strength to break trough and close over the EMA200 and the High from July 2016, i will expect a bullish movement towards 111.00

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