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Gold Bulls Rewarded + Crypto DCA Strategies

Gold Bulls Rewarded + Crypto DCA Strategies

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GOLD has rewarded bulls by reaching the first targets, and we’ll be watching for it to keep climbing higher for our next upside target. What a nice gift for the holidays! The DXY stayed in a trading range during the festive period. This is…

+160 Pips from Gold and Dollar Bears Reject 93.430

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Price action traders are up almost +200 pips of profit after entering short for Gold yesterday. Despite Powell's optimistic comments, bears have regained control of the Dollar. Prior to the FOMC rate statement, Gold was presenting bearish…
NZDUSD Hits Final Target + Dollar Resumes Path to 93.430

NZDUSD Hits Final Target + Dollar Resumes Path to 93.430

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Price action traders are enjoying their longs for NZDUSD as the price has hit all respective targets. More moves are on the way in the market as the Dollar is ready to push to 93.430. Last Friday, price action traders witnessed a bullish…
Dollar Prints Doji + Gold and Oil Longs for Next Week?

Dollar Prints Doji + Gold and Oil Longs for Next Week?

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The Dollar ends the week off in indecision as price prints a doji candle. It seems to be a real possibility for traders to long both Gold and Crude (Oil) next week as both commodities approach this year's high. For the past four weeks, the…
Dollar Stuck Below 90.850 + Bitcoin Lies Below 50,000

Dollar Stuck Below 90.850 + Bitcoin Lies Below 50,000

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After yesterday's positive CPI news, the US Dollar Index (DXY) has found itself stuck below 90.850. Additionally, the crypto markets are also in a slumber as Bitcoin finds itself below 50,000. The Dollar had a great trading day yesterday…
Gold Trade in Profit After Lackluster NFP Job Numbers

Gold Trade in Profit After Lackluster NFP Job Numbers

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Today's Non-Farm Payroll (NFP) job numbers were certainly worse than anticipated and the US Dollar Index (DXY) has shown that on the charts. With technical and fundamental pressure from bears, we expect a weaker Dollar in the coming weeks and…
Gold Short Ready to Enter + DXY to 91

Gold Short Ready to Enter + DXY to 91

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In today's live trading session, we went over our pending Gold trade and where the US Dollar Index (DXY) is headed. Last week, Gold made its move down to 1790. Gold is under pressure with several successful vaccine trials. This morning Moderna…
Gold Swing Short in Play + DXY Near Consolidation Zone

Gold Swing Short in Play + DXY Near Consolidation Zone

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In today's live trading session, we went over our current Gold trade and the current status of the US Dollar Index (DXY). For months we waited for Gold to breach 1845 on the daily timeframe, and finally, it occurred yesterday. We wanted to…
Pfizer Vaccine Revives US Dollar

Pfizer Vaccine Revives US Dollar

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In today's live trading session, we went over the current status of the US Dollar Index (DXY) and the Forex majors. Last week the media announced that Joe Biden had won the 2020 US Election. This announcement resulted in the selling of the…
EURUSD and GBPUSD Profits + GBPJPY to 143.666?

EURUSD and GBPUSD Profits + GBPJPY to 143.666?

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In today's live trading session, we went over the status of our EURUSD and GBPUSD trades. We then found trades for Gold (XAUUSD), Silver, and GBPJPY. During yesterday's live session, we identified long setups for both EURUSD and GBPUSD. We…