Good day, traders!
Let's discuss our amazing forecasts that were for the previous week and speak about further potential buys in Gold (GC), Platinum (PL), Swiss frank (6S), and Japanese Yen (6J).
This 12-minute video is for you today.
Good evening, Traders!
🔻 Let's start from the leader of markets — DXY. From the previous analysis, we have designated a key level 106.72 and the price did not brokedown this level even by 1 tick. It became a real growing point from the start of the week. On Friday the price closed on the uptrend line and after its breakdown, I expect to see correctional movement to this magnet. (See)
🔻 What about Gold (GC), I really expected that the price will go up from Tuesday's bottom, but the unbelievable record inflation in the USA created high volatility. Funds opened a record short position, and OI rose by 8% during the reported week. Now according to the big amount of ask HFTs here reversal is also rather possible. (See)
Good evening, Traders!
Let's observe the market and prepare for the next week!
🔻 Gold (GC) showed entry points 3 times in a row that week, and honestly, I participated in each one. I expected this scenario before, you can see it in my previous reviews. Now I see that it is necessary to be patient and not react to local imbalances. Hier timeframes are in the game. Huge stop-losses were collected and there is enough fuel to go higher. It will be not a surprise if the price will go to 2000 from here. (See)
🔻 Silver (Si) is the same. The first magnet is volume level 20.8 and then we can go even higher. (See)
Hello Traders!
It was a volatile but not so good week, eventually for me. My expectations about US Treasury Bonds, the Australian dollar have not been realized and the Japanese Yen made a hard rock falling, without any correction, because of the very dovish monetary policy of the central bank compared with FED.
🔺 But still, Ultra US Treasury Bonds (UB) can show us buying opportunities on this level
It was my plan and I traded it, of course, the most important thing is to manage your risk, not to be suffered very much because of unexpected movements.
🔺 Even the Mexican peso (6M) returned to breakeven. Of course, I expect a further continuation, but it is not the proper picture.