WEEKLY ANALYSIS AND TRADE IDEA OF GOLD, EURUSD AND USDCAD!!

GOLD– BULLISH CHANNEL BREAK BUT WE ARE LOOKING FOR BREAKOUT CONFIRMATION FOR SELL ENTRY!!

Gold, last Friday, was able to break the long-time remaining bullish channel! But, it just breaks, we can’t take any directional mood without

more confirmation, because it could be a false break. So we are looking for a breakout confirmation. If Gold sustains the breakout of the

Range and bullish channel, then it will be a bearish trend movement in the daily chart. However, Gold closed below the 50ema and 21 EMA

in the daily chart. And there is a sign of bearish momentum. We expect that, if gold holds under the price label of 3292.00, then it could go

down to a label of 3175.00 or more.

USDCAD – A SELL ENTRY IS READY!!

USDCAD is entirely in a downtrend as per the daily and weekly charts. A nd bearish momentum is high.USD/CAD is also moving in a bearish

channel. Our price action strategy is giving us a sell entry signal!! So, after the market opens, take a sell entry, within the price range

1.36900- 1.36720. set tp- 1.35700, sl-1.37270!

EURUSD- WE ARE IN FULLY BULLISH MOOD IN EURUSD PAIR!!

Last week, the EURUSD pair broke a key resistance level of 1.16920. And the price has remained above the label. If eurusd can sustain the

breakout confirmation, then the eurusd price could go up to the label 1.18000/ 1.19000! A huge bullish trend is going on in the EURUSD pair, and

bullish momentum is high. So, we are looking for a buy entry as per the price action signal this week.