Gold is playing around 2400 and market is neither trending nor sideways.
By US Session if market breaks yesterday's low of 2384, we can look for 40-50 pips sell.
As market bounced from 2384 yesterday, so the support of 2378 is little unclear now.
if market surprises us with heavy sell, we can continue with the sell.
We can look for a sell around 2420
High...
XAUUSD : Too many levels and too many opportunities but TIMING IS THE MOST IMPORTANT FACTOR. Don't trade in the middle, trade at the levels when market will be in our favour.
Option1: If market bounces from the support zone of 1750-40, we can BUY.
Option2: As the market has...
USDJPY: We had plenty of opportunities in the past hopefully we will get another good trade again. Though the market is standing at a very strong resistance, still market is not going down. It clearly shows the presence of BUYERS in the market. And considering the trend of the market, we should mainly look for BUY opportunities only. Option 1: If market retraces...
On the weekly chart we can see that after an uprun of 1400 pips GBPAUD is retracing, taking rest. Though it has slipped below the weekly support of 1.8670, still we saw some price rejection from below. Therefore, If price goes up from here and and start trading above the safe zone of 1.8670, we can BUY with an SL below the support. TARGET: 350-400 pips
DXY : Though USD was very bullish for many days but right now USD is trading on a range. 93.80-93.60 as the SUPPORT & 94.50 as the Resistance at the TOP. But unlike the previous time, USD is bouncing like the way it should have. Let's see on Monday
![DXY: USD [DXY] 18 oct to 22 oct](https://s3.tradingview.com/e/eEhHxv0T_mid.png "USD [DXY] 18 oct to 22 oct")
