shahid0088

shahid0088

Last tqo weeks analysis on gold were superb and meet the target now we have two senario trend line is at 1930-28 so if we bounce back from that level then target 1965 the penetration of ,1930 will lead the target to 1905 and 1894 the final tp

shahid0088

Sell eurusd from the resistance mentioned and set tp at 1.7700-1.6600 Usd is strong and eur is still weak so current supply zone is 1.8850-40

shahid0088

As far the $ is rising we are shorting gbpusd and the current supply zone is 25100-25400 While the support is 23200-22800 So sell from the supply zone and tp 23200

shahid0088

As far the trendline is supporting we are long on us oil and first target is 75.2 If the trendline breaks then our target will be 69-67

shahid0088

Sell from 1997-98 area and tp 1964-1954-1942 As far we are below 2003 we are in sell zone.no confirmation of rate pause yet.so till 14th june sell on rise is still valid.the lower trend line is 1926-24 area so this is the last support.

shahid0088

Short us30 from 33600-480 zone nd tp 32800-700 Stronger $ will dominate all pairs and indices this month and so on till August

shahid0088

A pullback to 72.4 -6 is expected and then go for short 67-66.5 are the target

shahid0088

Sell gbpusd from 25400 area till 23800 First expect a bounce till 25400 thwn go for short till 23800 Stronger usd is the key for now untill we have a clear recession

shahid0088

Sell area 2026-28 Tp 2001-1993 if 1990 breaks then next 1982.50tp 1970 is the final support of this uptrend and if we drop below then 1918 is the target formlong term Upper tp is still 2080-2100 wait for bounce back from the support area

shahid0088

Buy tp 2027 Buy the dip is still valid and we have to retest 2029-30 zone Dont sell untill Friday

shahid0088

Xauuad is overall in uptrend as far we are above 200 ma but for now a move towards 1960-1950-1940 is expected.trend will change if we closed below 1920 on daily basis.dxy ia getting momentum another rate hike of 25bps is expected in may which is bearish for gold.rate cut and recession these are positive for gold as a cycle june july august these are negative...