Buy Brent around 62.35-60.38 | 09 Maret 2018

Brent weekly

Buy Brent around 62.35-60.38

 Technical observation

 Recently, Brent broke above a support zone,(62.35-60.83)while on an upward trend, it then retraced back to the zone twice before trading up to a key resistance line,70.16,Right now Brent is correcting to (62.35-60.38)and I expect a possible rejection of it within or around the zone  for bullish movements of price towards 70.16 or even a break out above it for a further increase in price. I would advise you wait for a pullback to the zone then buy Brent with your take profit at 70.16 and stop loss around 55.39.Only sell Brent in case of a break out below (62.35-60.38)and a correction to it.

 Trade signal

 Buy Brent around 62.35-60.38 with your take profit at 70.16 and stop loss around 55.39

 

 

       Gold  Weekly

Buy Brent around 62.35-60.38

Technical observation

 Gold has been trading on an upward trend, recently it went above a resistance zone (1315.87-1306.54),it then raced up to a resistance line 1366.42 before correcting to the zone ,right now Gold is rallying above the zone and I expect a rejection of it to  long Gold with my take profit at 1366.42 and stop loss  around 1288.02.In case there’s a clear break out below (1315.87- 1306.540 with a big red candle, then that would be the ideal time to enter short positions with your target at 1257.46 or even lower to 1205.44 if there’s a clear breach of price below 1257.46.You can either buy Gold now or wait for the current candle to close.

 Trade signal

 Buy gold within or around (1315.87-1306.54) with your take profit at 1366.42 and stop loss around 1288.02.

  

                  Platinum weekly

Buy Brent around 62.35-60.38

Technical observation

 The general trend for platinum is downward, it retraced at a key resistance line 1013.66 before declining down to a key line 885.25.Recently, Platinum was corrected to the line and got rejected then went down but could not reach line 885.25, right now it is pulling back again to1013.66 and I expect a possible rejection of it for bearish movements of price toward 885.25, I would advise you short platinum after a rejection around 1013.66 with your take profit at 885.25 and stop loss around 1067.21.If there’s  a clear breakout of price above 1013.66,wait for a correction to it before you enter long positions.

Trade signal 

Wait for a pullback to 1013.66 to sell platinum with your take profit at 885.25 and stop loss around 1067.21.

 

 

 

 

 

 

 

 

 

 

 

 

FreshForex cancels commissions!

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.