CommoditiesForexMarket Review

The range is now broken, markets will start moving…

Yesterday we saw a large move in price which was has shown the markets want to start moving out of this large range we have been in and this may soon provide swing trading opportunities. With that said, gold will likely decline over the course of today but we are looking to be buyers soon as we believe the price of gold will far exceed 2000$.

Foreign currencies could see declines over the course of today but we are now taking a bullish view and will soon seek buys once we get the last downside in prices.

EURUSD: SELL

Our target is 1.0890

GBPUSD: SELL

Our target is 1.2240

USDCAD: BUY

Our target is 1.3950

GOLD: SELL

Our target is 1680.90

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