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Wednesday, September 8, 2021

๐Ÿ‘‰ Gold: will we consolidate below market maker loss level?

๐Ÿ‘‰ Gold: will we consolidate below market maker loss level?

Gold OANDA:XAUUSD

๐Ÿ’  Over the past 24 hours, the asset has come close to the market maker loss level (1782. 05 ).
The nearest support level for today is the limit buyer (1781.45).
๐Ÿ“ In case of successful test of limit buyer (1781.45) we expect further rise with ultimate target before close of trading day,- limit seller (1796.50).
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✍️ EURUSD: heading for a test of the market maker's loss.

✍️ EURUSD: heading for a test of the market maker's loss.

EUR/USD OANDA:EURUSD

๐Ÿ“Œ The key support for today is the market maker loss level (1.1800).
The close proximity of the limit buyer level (1.1802) further strengthens it.
In case of successful test of market maker loss level (1.1800) we expect upside with targets: limit seller (1.1855) and market maker balance (1.1869).
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๐Ÿ’กDon't miss the great buy opportunity in USDTRY

๐Ÿ’กDon't miss the great buy opportunity in USDTRY

USD/TRY OANDA:USDTRY

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.3133).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.

Take Profits:
TP1= @ 8.4898
TP2= @ 8.5521
TP3= @ 8.6602
TP4= @ 8.7464
TP5= @ 8.8414

SL= Break below S2

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ForecastCity English Support Team ❤️



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