Gold Weekly Review
Wave Analysis
After establishing a swing high around 2100.40, Gold is currently pulling back to the lowerside. The current rally to the lowerside is a corrective wave count and could see price break and close below 1801.60 towards 1501.20. If you are looking at this chart, we recommend you keep looking for long term sell positions expecting the impulsive wave (c) to push price much lower with an ultimate target set at 1441.60. A break below this level will push the price much lower towards 1202.20.
Trade Recommendations:
Sell Gold from 1961.27 with your target at 1742.0.
Dow Jones Weekly Review
Wave Analysis
Dow is currently in an active corrective mode. After establishing a swng high around 31081, Dow declined a few points but could not go below 29661. We expect this decline to be a correction and that a clear rebound from around 29661 will give us the best place to consider a possible long term buy position. If you are looking at this chart right now, keep looking for more momentum to the upperside expecting a break above 31441 towards 32000 and could breakout much higher.
Trade Recommendations:
Buy a rejection from 30011 towards 31441.
UK100 Weekly Review
Wave Analysis
This index is currently attempting a break below the lower trendline. If the price can breakout of this expanding wedge formation, then this will be a good place to consider a possible long term sell position. The anticipated bearish price rally will be the contrinuation of a corrective wave count and could see price break and close bwlow 6273.5. If you are looking at this chart now, keep looking for long term sell position especially if the price can break below the lower trendline, if this is the case, we are sellers towards 6104.3.
Trade Recommendations:
Sell a break below 6387.1 towards 5990.0.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to school@freshforex.com with your account number funded.
en 
cn 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 
