rufffen XAU spot gold majors trades

[rufffen]

GBP JPY trade setup

LONG on break of triangle to the upside TP +400 pips SL * see chart
SHORT on break of triangle to the downside TP +400 pips SL * see chart

also please watch weekly z for this trade!

EUR JPY

break below 151.80 signals further downside capped with 146-148 area

GBP USD / EUR USD

targets remain the same

SPOT GOLD

break below 904 signals further downside capped with 870-880 area

Enhoy next trading week!

[rufffen]

GBP JPY quick update

new SL set at 200.00 (+170) - TP remains the same - 202.00.

...elsewhere GBP USD might SHORT at 2.0208-2.0272 with SL 100 TP 600
otherwside remain flat. Still targets on the SOUTH move are 9800 9600.

Nothing else exciting worth noticing this week. Some pretty good volatility on GBP JPY but I didn't manage to cash in as Im fly busy at work this week we are structuring two real estate funds.

[rufffen]

GBP JPY 1 hour chart

On this chart we see a clear ascending triangle pattern in the making conservative target is 202 then 206 however this patter might fail since it's not a continuation of an uptrend (uptrend has not been established).

Follow the recommendations of the previous post with a 2nd possible TP at 206.

New z for the trading week coming up at the weekend as usual.

[rufffen]

GBP JPY SL hit for +170

total this week is +170

GBP JPY forecast

4 hour chart still in downtrend channel lets see how it acts at key levels above 202. Break above recent high (201.70) will indicate further upside capped with 203.40 initiall on to 204.00 206.00 as the last target.

POSSIBLE setup to trade - LONG at 202.00 TP1 204.00 TP2 206.00 SL +100 pips

SPOT GOLD UPDATE

930-940 area critical break below indicates further downside capped with 890-910 area. Possible setup to trade is break below 930 TP 890 SL 940 (risk 10*100 to get 40*100 points) / PLEASE WAIT FOR CONFIRMATION!

elsewhere - EUR USD - topping action. GBP USD reversing for 9800 9600. Might consolidate within 9900-2200 range.

New z coming up this weekend!

[rufffen]

DJI weekly chart

Ok here's my take on DJI weekly mid-term I expect DJI to rally towards 13000 break above will indicate further upside capped with 13900. :)

This apparently also indicated USDx recovery confirms EUR USD GBP USD topping action.

I will post DJI weekly trading z for the next week for trading. :)

11754.50	BUY1
11918.00
12081.50	BUY2
12132.00
12560.00	SELL2
12610.50
12774.00	SELL1
12937.50

[rufffen]

NEXT WEEK TRADING Z :)

CURRENCY	EUR/USD	GBP/USD	USD/JPY	SPOT GOLD	USDX	EUR/CAD	EUR/JPY	GBP/JPY	ACTION
SUP ZONE2
A1	1.4998	1.9412	96.17	872	0.0000	1.5222	152.58	193.25	BUY1
A	1.5185	1.9567	97.12	888	0.0000	1.5433	153.75	194.85
SUP ZONE1
B1	1.5371	1.9722	98.07	905	0.0000	1.5645	154.92	196.46	BUY2
B	1.5429	1.9770	98.37	910	0.0000	1.5710	155.28	196.95
RES ZONE1
D	1.5918	2.0176	100.86	954	0.0000	1.6264	158.34	201.15	SELL2
D1	1.5976	2.0224	101.15	960	0.0000	1.6330	158.70	201.65
RES ZONE2
E	1.6163	2.0379	102.10