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#NZDJPY - Daily
With US trade deal with china progressing, I expect the Gold and JPY (safe haven currency) to depreciate in value and NZD and AUD which got hit pretty hard during trade war to recover a bit. so this is how I expect the price to move in near future.

The blue line(s): ideal entry

The green line(s): Target

Red line(s): stoploss.


(sorry the previous signal was the wrong photo! oops!)
Happy New Year! πŸŽŠπŸŽ‰πŸŽŠπŸŽ‰
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#Gold my long term analysis of gold is available in this channel if you search for the hashtag gold. but here, I wanted to show how I see the movements in gold. still within a flag pattern with three legs down and on its 6th wave about to touch the topline…
#Gold is running towards the 1575 price range. the move up is sharp so its normal to expect a correction before getting another move up towards 1600.

the boxes are the potential price reversal zones. in case you want to short it when the price reaches there ;)


but still, the longterm direction is still up, specially considering the US going indirectly to war with Iran inside Iraq borders (they killed a famous IRGC military commander in baqdad airport today) its likely for the price of gold to be leaning higher in coming days. (still we should expect the correction since the move up is sharp)
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#Gold is running towards the 1575 price range. the move up is sharp so its normal to expect a correction before getting another move up towards 1600. the boxes are the potential price reversal zones. in case you want to short it when the price reaches there…
by the way, the events in Iraq will most likely affect the price of oil too, so keep an eye on crude as well.
I think we can easily see 65-66 price range in the next 10 days!

still, remember the support level is 58-60 range.
European oil refineries are pulling out their employees of Basra, Iraq. #oil could reach $75 per barrel (edit: changed 80 to 75 which is a more realistic goal for trades due to technicals. And changed gallon to barrel which was a typo πŸ˜…)
Things are escalating fast between US and Iran. For now I suggest you stay bullish on oil. Gold is a bit over bought at the moment so even if it pulls itself to 1600 directly, there is no way but to give at least a 200 pip correction before moving higher (in case a direct conflict happens between the two)

For now, market is a panic. So we can expect it to cool down in a couple of days if nothing big happens.
my chart and small orders on WTI Crude #oil

as you can see, price jumped up and reached my desired area and after collecting the profit, now that I'm following the news of IRGC Iraqi branch (Hashad Alshabi) fighting US in Iraq, I'm sure over the weekend we will get more news on the conflict and next week we might see a big gap upwards.

I have entered two small 0.1 orders and have placed pending order to let the fluctuations till midnight activate as many of them as possible and then hold them for the target of 74 (or 65 if news isn't that heavy!)

obviously I expect the price to even reach 58 price range (bottom of my channel) but if somehow price reaches there, I'm going to add to my positions and hold for a retouch of 61.61 price and average out.


be careful and trade it on your own risk if you want to trade it.

have a nice weekend.
Trading With Linorth
my chart and small orders on WTI Crude #oil as you can see, price jumped up and reached my desired area and after collecting the profit, now that I'm following the news of IRGC Iraqi branch (Hashad Alshabi) fighting US in Iraq, I'm sure over the weekend…
Seems like it's going higher with the news of the first wave of attacks on US base in einol Asad, Iraq (not sure of the English spelling of it lol) but I'm not going to add to my orders now. I'm going to let it move around, cause oil can be wild like that sometimes with sharp sudden moves, so the trick is to not let the moves overwhelm you, so you start by a small order and just place pending orders for your bias and check back on it on Monday πŸ˜…πŸ˜„
The tentions are rising between US and Iran. A big possibility for a positive gap up on #Oil and #Gold.

For now I suggest you avoid shorting gold. It could break the historic high during the attacks in upcoming days.
OK so the situation seems to be getting worse. More than 50 people died in the Soleimani's funeral ceremony!
And now everyone expect Iran to react by attacking American bases around Iran.

The government is stuck between a rock and a hard place. Their supporters expect them to take revenge and attack the US, but on the other hand they know that if they attack they are not going to win the war.

There is a big possibility of Iran attempting to close the Hormuz strait. If that happens the price of oil will jump up. Seems like that will be the least military type response they can do to avoid a full confrontation with US in a battlefield. So Im guessing it might happen in the next couple of days.


Also, if any military attack happens on either side and they go to war, you don't want to be on the short selling side of the market!
There are some unconfirmed reports of massive explosions from rocket fired at US bases in Iraq.
Brace yourselves guys. It could turn into WWIII real quick πŸ˜…πŸ˜‚
Oil jumped with confirmation of rocket attacks on US base. I hope you got on when I posted about it πŸ˜…
The waves are rockets aren't ending yet.. More are coming from west side of Iran.

We are officially in war with US.

Gold will break the historic highs in the upcoming days.