Hello Traders,
how has your trading week been?
Personally, I can’t complain, the market has been throwing some good trading opportunities we analyzed together on Sunday
Let’s see if we could get some trading opportunities in the market.
1. NZD/JPY
NZD/JPY has been struggling to break through the 69.979 support level.
The Bears spent the entire London session thinking of stepping out of the zebra crossing.
In my opinion, there is a huge possibility price breaks the 69.979 support level, after which our next possible support level would be 68.787.
That said, we should be patient enough to wait for a confirmation before selling.
2. XAU/USD (GOLD)
Gold is gradually gaining bullish momentum.
A key resistance level I am watching out for is the resistance level 1815.51.
If that level is BROKEN, there is a huge possibility that price’s next bus stop would be 1878.09, which is over +600 pips for grabs.
What are your thoughts?
ATTENTION: For those who are interested in joining our trading group on Telegram, hit: https://t.me/joinchat/FN30PxlwXbk2BcuTDdH5yg
