RedstoneFx Analyst
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Redstone Technical Report 1/3/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1750.00 with a target price of 1780.00

Alternative.png Alternative Scenario 
Sell gold around 1732.00 with a target price of 1700.00

Comment.png Comments 
Trading above the support line favors the rise but breaching the resistance line is required to confirm the trend
XAGUSD Up up.png
config.png First Scenario 
Buy Silver around 26.80 with a target price of 27.50

Alternative.png Alternative Scenario 
Sell silver around 26.40 with a target price 25.70

Comment.png Comments 
Trading above the support line favors the rise but breaching the resistance line is required to confirm the trend
USOIL Up 

config.png First Scenario 
Buy Oil around 62.20 with a target at 63.60

Alternative.png Alternative Scenario 
Sell Oil around 61.70 with a target at 60.45

Comment.png Comments 
Trading above the support line favors the rise
GBPUSD Up up.png

config.png First Scenario 
Buy the pair around 1.3965 with a target price of 1.4070

Alternative.png Alternative Scenario 
Sell the pair around 1.3900 with a target price of 1.3800

Comment.png Comments 
Trading above the support line favors the rise but breaching the resistance line is required to confirm the trend
US30 Up up.png

config.png First Scenario 
Buy the index around 31100.00 with a target price of 31500.00

Alternative.png Alternative Scenario 
Sell the index around 30900.00 with a target price of 30460.00

Comment.png Comments 
Trading above the support line favors the rise
USDCHF Up up.png
config.png First Scenario 
Buy the pair around 0.9075 with a target price of 0.9110

Alternative.png Alternative Scenario 
Sell the pair around 0.9035 with a target price of 0.8985

Comment.png Comments 
Trading above the support line and moving averages favors the rise
AUDUSD Down down.png

config.png First Scenario 
Sell the pair around 0.7760 with target at 0.7680

Alternative.png Alternative Scenario 
Buy the pair around 0.7800 with a target at 0.7880

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall
NZDUSD Down down.png

config.png First Scenario 
Sell the pair around 0.7280 with target at 0.7200

Alternative.png Alternative Scenario 
Buy the pair around 0.7320 with a target at 0.7400

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall

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