Tricky Friday presents us with AUD/JPY & XAU/USD

TGIF Traders,

Let’s see what the charts have for us before we get into the weekend

 

1. AUD/JPY

AUD/JPY is finally breaking out of resistance level 84.730, after consolidating for the past 24 hours.

As a conservative trader, my guess is that price will most likely hit 85.431 as the next possible resistance level

 

 

2. XAU/USD 

Gold for some reason today became heavily bullish and convincingly broke resistance level 1796.05

Presently price has broken the second resistance level (1812.17). Do you think the buyers will continue their aggressive buys tomorrow?

If YES, we may most likely see price hit 1844.40

 

What say you?

ATTENTION:

For those who are interested in joining our FREE trading group on Telegram, where trade ideas are discussed, which may assist your trading career while being infected by positive vibes

Smash the link: https://t.me/joinchat/FN30PxlwXbk2BcuTDdH5yg


Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)