HSI weekly
Technical observation
Last week the value of #HSI is rose with a big green candle and closed bullish between the supportive level 17385 and a resistance zone 22455-22167, and this week I expect a continuation of this upwards movement to the zone mentioned above followed by a rejection within it to pick short positions with my take profit at 17385 and stop-loss at 24703. In case of a clear break below the level 17385 with a big red candle, I expect the value of #HSI to descend further towards the supportive level 11921, however, in case of a break above the zone 22455-22167, I expect it rise to the resistance level 30210 or even higher.
Trade recommendation
Wait for a correction to the zone 22455-22167 to sell #HSI.
#SP500 weekly
Technical observation
On the chart above #SP500 bounced within the zone 3633.8-3682.8 then rose steadily for a while, however, for the past two weeks the value of the commodity above has been trading with an increasing bearish bias, this is a slight correction to the zone mentioned above and I expect a loss of it followed by a surge to the upper side. If you are currently holding long positions I would advise that you remain in the trade and pick your profits at the level 4785.0 and stop-loss at 3267.6 and in case you are flat, remain neutral and wait for another correction to the zone 3633.8-3682.8, or a break above the level 4785.0 to pick long positions.
Trade recommendation
Remain long with your take profit at 4785.0.
#XAUUSD weekly
Technical observation
Last week Gold declined with a big red candle and closed above the supportive zone 1698.9-1675.2 and this week I expect further bearish movements to the same zone followed by a rejection within it. My advice, remain flat and wait for a correction to the zone 1698.9-1675.24 the buy a bounce within it with your take profit at 2037.38 and stop-loss at 1569.76, if there is a clear break above the level 2037.38 with a big green candle, wait for a correction to it before you continue long, on the other hand, in case of a break below the zone 1698.9-1675.24, you can expect a possible rally towards the supportive level 1372.29.
Trade recommendation
Pick long positions with your take profit at 2037.38.
en 
cn 
id 
ar 
ru 
vn 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
