RickyTang

RickyTang

long gold at 15mins demand zoon

RickyTang Updated 

The sentiment of risk aversion is spreading on the market which causes the GOLD rally, people are buying GOLD, to me this should ring the bell to those who are still long gold,as the view of majority is always wrong !

RickyTang

From current price look down could not find any significant demand zoon until $33, but there is one right above at 47.20.

RickyTang

Prob a Pin bar at key support level indicates up trend may continue.

RickyTang

Upside stop loss risk is minor, downside profit is relatively large.. worth a try!

RickyTang

We are optimistic to USD/JPY as long term view. Price hit a significant demand level today and rebounded as expected.

RickyTang

pessimistic to EUR as a long term view. If EUR could not make a new high which implies current uptrend is going to end. And the chart pattern is forming a HEAD. Looking for opportunity to short EUR.GAP at 1.0731 is the target.

RickyTang

No matter what fundamental or conventional analysis say, the chart tells us the GBP is going to rally, and it happens very soon, the breakout of previous high 1.30471 is going to be seen promptly.