RedstoneFx Analyst
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Redstone Technical Report 1/4/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1705.00 with a target price of 1726.00

Alternative.png Alternative Scenario 
Sell gold around 1693.00 with a target price of 1672.00

Comment.png Comments 
Breach in the resistance line and trading above moving averages favors the rise
XAGUSD Up up.png

config.png First Scenario 
Buy Silver around 24.00 with a target price of 24.80

Alternative.png Alternative Scenario 
Sell silver around 23.60 with a target price 22.80

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

config.png First Scenario 
Buy Oil around 59.00 with a target at 61.35

Alternative.png Alternative Scenario 
Sell Oil around 57.65 with a target at 55.30

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

config.png First Scenario 
Sell the pair around 0.7550 with target at 0.7460

Alternative.png Alternative Scenario 
Buy the pair around 0.7600 with a target at 0.7685

Comment.png Comments 
Trading below moving averages and the resistance line favors the fall
NZDUSD Down down.png

config.png First Scenario 
Sell the pair around 0.6965 with target at 0.6860

Alternative.png Alternative Scenario 
Buy the pair around 0.7025 with a target at 0.7120

Comment.png Comments 
Trading below moving averages and the resistance line favors the fall
GBPJPY Up up.png

config.png First Scenario 
Buy the pair around 152.10 with expected target at 152.90

Alternative.png Alternative Scenario 
Sell the pair around 151.50 with expected target at 149.60

Comment.png Comments 
Trading above moving averages and the support line favors the rise
EURJPY Up up.png

config.png First Scenario 
Buy the pair around 129.65 with a target price of 130.50

Alternative.png Alternative Scenario 
Sell the pair around 129.20 with a target price of 128.60

Comment.png Comments 
Trading above moving averages and the support line favors the rise
US500 Up up.png

config.png First Scenario 
Buy the index around 3970.00 with a target price of 4025.00

Alternative.png Alternative Scenario 
Sell the index around 3940.00 with a target price of 3895.00

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

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