#XAUUSD
#EURJPY
Morning guys 🌞🌞 yesterday was so peaceful, there was no huge fluctuation. Gold now is right at the major resistance zone 1753-1757. Let’s see how it goes. There are 2 scenarios for this:
+1st (green arrow): breaking out the major resistance and go up, target for this will be 1765, maybe it will pull back a little bit to 1757 when it reachs this line, then fly up to 1784.
+2nd (red arrow): the major resistance can be broken, Gold will need more time to retest, pulling back to the lower zones will be its next move. 1747, 1741 and 1731 will be the targets for this scenario.
About EUR/JPY: in contrast to Gold, this pair had a quite fluctuation yesterday. It broke out the major support 144.33, went down to 143.78, now going up back to retest zone of 144.33-144.8. I don’t think it can go over this zone, bearish market in short term is my opinion.
Friday is the day has the largest potential for reversal, but today is THANKS GIVING, low liquidity so I don’t think there is too much fluctuation today. However, DO NOT remove SL from your orders.
Good luck guys and HAPPY THANKS GIVING ! ❤️❤️🌹🌹
Jolie Do:
Forex Trading Specialist/ Relationship Manager at ForexCEC - DNBC Global Markets.
ForexCEC - DNBCグローバルマーケットの外国為替取引スペシャリスト/顧客関係マネージャー
Message me to discuss more. ❤️
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