DragonCaptain

DragonCaptain

Continous bullish trend and formation of the bullish flag above the support level hint the buying opportunity for traders. The target at the top is 1.2300 level in the near term.

DragonCaptain

Gold wild moves all the day would have shattered scalpers but have been a get opportunity for the buyers at the dip. Long term bullish overview and forecast still persist. Target early 1960.

DragonCaptain

Range resistance is in the way of bulls with the half-hearted moves. USDJPY is moving in the sideways range with a potential opportunity to enter a sell trade from 104.400 to 103.400 a potential 100 pips trade setup.

DragonCaptain

Gold has had fake out the bearish dip and GOLD sustained the selling pressure which was just a balancing act and continues its salary rally. You will find an interesting pattern on Gold, as a breakout now holding above the support and resistance line of previous trade channels.

DragonCaptain

The pound has the potential to hit the 1.37800 level. The pound hovered below a 2-1/2-year high on Friday after Britain and the European Union struck a narrow Brexit trade deal, while overall sentiment in currency markets was tempered by a stalled U.S. coronavirus economic relief package.

DragonCaptain

Update- Bulls finally break above the ascending channel- perfect spot to enter buy positions. Check analysis on the chart for XAUUSD forecast and signal. Good luck with your trades.

DragonCaptain

Aussie outperformed top currencies after a pandemic dip, after that it turned to buy bulls heaven, never let down in a signal trade to me. Enter the support point dip and target the 0.7700 level now. I have explained trade range, buy signal, entry-level, and bullish bais in the chart.

DragonCaptain

GOLD sustained the selling pressure on Tuesday which was just a balancing act and continues its salary rally. You will find an interesting pattern on Gold, as a breakout now holding above the support and resistance line of previous trade channels.

DragonCaptain

EURUSD and XAUUSD are moving in perfect correlation. Euro showed strength against USD while Gold remain in dips but a strong correlation shows that Gold is in a bullish trend as the Euro is.

DragonCaptain

Inverse Head and shoulder patter along with higher highs - ascending support. Gold is technically bullish. Buy on dips.

DragonCaptain

New fear of mutant covid spread and travel restriction on Britain by multiple countries will result in pound fall. Although one week needed to see the results of new reports every news will feul the moves. Sell is a trading strategy for the week.

DragonCaptain

A day full of dramatic situations as the news made a wild move but Gold again gave a great buying opportunity on the dip to trades. Target is 1940 and above, amid stimulus packages and new travel restrictions over a mutant covid breakout in Europe and Britain.

DragonCaptain

USDJPY breaks below after trading in the sideways range with a potential opportunity to enter a sell trade from 103.700 to 102.700 a potential 100 pips trade setup.

DragonCaptain

NZDUSD is moving higher after breaking above the resistance at 0.7000 and 0.7100 level. Moving up to 0.7200 level. The entry point is 0.7080 level.

DragonCaptain

USDJPY is moving in the sideways range with a potential opportunity to enter a sell trade from 104.400 to 103.400 a potential 100 pips trade setup.

DragonCaptain

After falling to the 1760 level, Gold sharply moved up 1400 pips straight. Retracement level is holding a supporting at 1880, bulls are intact and eyeing to stay above 1900, psychological level until unless see get dramatic news out for Gold.

DragonCaptain

GOLD showed a strong push today towards 1900 but multiple rejections at resistance showing some reluctance, we will buy Gold at a little lower level to enter a rally towards the target. Copy the setup in your trade. Good luck.

DragonCaptain

EURGBP opened lower at 0.9200 level at resistance and getting a fall towards 0.9000 level. The pair have broken the ascending channel and the next support it can ind is 0.88500 till then we are short at it.