Remain neutral with #Gold | 30 Juni 2023

#NQ100 weekly

 Remain neutral with #Gold

Technical observation

On the chart above the value of #NQ100 has been trading with an increasing bullish bias for several weeks now and this week I expect it to ascend even further. If you are already holding bullish positions, I recommend that you remain bullish and pick your profits at 16572.1 , in case of a bounce at the level 16572.1, wait for another correction to the zone 10689.3-10455.3 to re-buy #NQ100,  I expect a further surge to the upper side. Should there be a clear penetration below the zone 10689.3-10455.3 with a big red candle, I expect the value of this index to plummet towards the supportive levels 6837.1 and 3430.6.

Trade recommendation

 

Remain long with your take profit at 16572.1.

#Brent weekly

Remain neutral with #Gold

Technical observation

#Brent retraced to the resistance zone 89.08-86.78 then bounced within it and since then it has been trading with an increasing bearish bias, this week I expect a further surge to the lower side and in case you sold this commodity within the zone I mentioned above, I recommend you remain in the trade with your take profit at 46.07 and stop-loss at 101.35. If there is a clear break below the level 46.07, wait for a correction and a rejection at it before you continue short towards the supportive level 19.15 or lower, on the other hand, if there is a clear break above the zone 89.08-86.78, I anticipate possible bullish movements towards 131.14.

Trade recommendation

Remain short with your take profit at 46.07.

#Gold weekly

Remain neutral with #Gold

Technical observation

#Gold rose to the resistance level 2034.17 then bounced at it and since then it has been trading with an increasing bearish bias. This downwards movement is a correction to the supportive zone 1661.65-1643.25 and I expect a possible rejection within it followed by a surge to the upper side. My advice, remain neutral and wait for a correction to the zone indicated above then buy a bounce within it with your take profit at 2034.17 and stop-loss at 1504.60. If there is a clear break above the level 2034.17, I expect the value of this commodity to ascend after a correction to the broken line, on the chart above, I can only recommend short positions below the zone 1661.65-1643.25.

Trade recommendation

Remain neutral.

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:


Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus