MONDAY TRADING
- 2024-03-11
BUY GOLD 2160 and below target 2190
SELLGOLD 2210 and above target 2158
BUY EURUSD 10895 target 10990
SELL EURUSD 10980 target 10920
BUY GBPUSD 12830 target 12890
SELL GBPUSD 12920 target 12834
BUY USDJPY 14666 target 14740
SELL USDJPY 14755 target 14680
No need to be exact entry/exit prices
You can enter/exit and within $3-5 difference from ALL of the above prices.
PLEASE PLEASE DONT FORGET to place STOPLOSS always ok. $10 for Gold and 25-35pips for Forex.
Not necessary to be exact prices
Can differ between $3-5 for entry and also when exiting ok. Meaning if I say 1900 you can either decide 1903 or 1897
Retail trader data show 42.92% of traders are net-long with the ratio of traders short to long at 1.33 to 1.The number of traders net-long is 2.18% lower than yesterday and 6.78% lower from last week, while the number of traders net-short is 0.19% lower than yesterday and 45.36% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests Gold prices may continue to rise. Thus keep buying on all kinds of drops. I’m super bullish on Gold and don’t forget that the trend is your friend
Analyzed by: Mr. Sam Kima, Senior Vice President
Disclaimer:
Goldwell Capital Co., Ltd. endeavours to ensure the accuracy and completeness of this research report. However, as the market is subject to change, the Company and our subsidiaries do not guarantee its completeness and accuracy, and the information is for reference only. Any person shall not regard such information as Goldwell Capital Co., Ltd. on leveraged foreign exchange, precious metals, stocks, and other financial products to provide real quotes, suggestions, solicitation and inducement of investment. Guests should be aware of the risks involved in the investment, the volatility of the investment market and the risk of loss can be very big, guests must carefully consider their own financial situation and investment purposes, to decide the direction of investment and the kind of investment products that are suitable for their owns.