Overall view of XAUUSD - Update of July 1st

2019年6月30日

The commodity has been on a continuous bull since the beginning of June's month, and settled on the resistance zone surrounding @1440.000. Prices are sideways and consolidating, waiting for a breakout. G20 meeting ended up with a series of agreements and negotiations, which might confirm and increasing odd of a bear pressure.

Possible targets: @1360.000 (+40.00 per unit or 4,000pips) if bearish trend confirmed or @1500.000(+60.00 per unit or 6,000 pips) if bullish trend confirmed.

Advice: Await for a confirmation.

2019年7月1日

註釋

@1400.00 level was successfully broken. The target to aim is @1360.00 (+40.00 per unit or 4,000 pips).

2019年7月3日

交易結束：達到停損點

Gold was strongly pushed up closing our trades. Let's wait for an upward breakout.

2019年7月5日

註釋

Our resistance zone has appeared to be very strong. Gold has confirmed the bearish trend due to the recent news : NFP and Unemployment rate.