ran.wang.5095

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Joined China
Markets Allocation
50 % forex 50 % other
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XAUUSD 50% | 1 USDCNY 50% | 1
ran.wang.5095 ran.wang.5095 XAUUSD, W, Long ,
XAUUSD: GOLD is forming technical bullish pattern
114 3 1
XAUUSD, W Long
GOLD is forming technical bullish pattern

Gold price is standing on a long-term bullish trend line after cup and handle pattern breakout. My bias is the price will receive support in the green area and then bounce to the upside. The first target is 1425 and second target is 1560.

ran.wang.5095 ran.wang.5095 USDCNY, W,
USDCNY: Consolidation is a pause for bullish continuation
56 0 0
USDCNY, W
Consolidation is a pause for bullish continuation

From the monthly chart in Mar., the price formed a doji within a tight price range between 6.6-6.45. My bias is to keep bullish on US dollar against RMB, but short-term consolidation within 6.6-6.45 range is necessary to breakout 6.6 level.

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