#XAU/USD# Like I pre...from Martin.phan

21 Nov 2022, 14:43 · Views 364

#XAU/USD# Like I predicted on last week, gold will move in downtrend.And actually, now it breaks MA200, it is more confirm that downtrend is strong and still go far deeply.So consider with sell options: +Sell:1745.060,S/L:1751,95,T/P:1730.19,1723,73

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Martin.phan

156 Posted · 212 Followers

I am here to talk about my definition, my points of view about Forex market.I am happy to be a part of your profit when my signals can help you!

XAU/USD

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Although margin trading empowers you to enter into positions larger than your account balance, it could also let you fall into margin calls if you don’t fully understand how it works. THREE things below are what you should pay attention to when trading on margin: Read the margin agreement between you and your broker carefully. Your positions could be partially or totally liquidated if your available margin falls below a predetermined threshold. But you may not receive a margin call before your positions are liquidated. Brokers may have different margin requirements for different currency pairs.

Martin.phan

NZDUSD now is also in sideway trend when 0.6329 and 0.6315 are two strong support and resistance.So, my advice is just wait and do nothing.We will want the price breaks out of sideway trend then easier to decide what best positions. +Sell: 0.6328,S/L:0.6332,T/P:0.6298

Martin.phan

#XAU/USD# #commodities: #oilprices gained on Friday in anticipation of 20% lower Russian crude exports from the Baltic region in December, offsetting worries of lower fuel demand due to the looming Arctic storm across the U.S this holiday season. Brent crude and U.S WTI crude traded more than 1% higher at $81.86 and $78.41 per barrel. Amid further demand concerns, China is still the market’s biggest wildcard to reverse the course.

Martin.phan

#EUR/USD# #currencies: Investors' keying on comments of the Fed slowing the interest rate hike pushed the dollar index down more than 1% to 105.69, and is on track for a 5.10% downtrend. The #dollar also cut 0.48% to 137.39 yen and was predicted to lose 7.39% this month. The #euro and #sterling added around 0.2% to $1.04325 and $1.2086 respectively. Antipodean currencies were buoyed by easing COVID-19 curbs in China.

Martin.phan

#NZD/USD# NZDUSD now is in Ichimoku cloud, so it shows that price is within sideway,but my expect is the price will go down to 0.6391 and has a slightly increase to retest at 0.6343. +Sell: 0.6341,S/L:0.6348,T/P:0.6317,0.6298

Martin.phan