RedstoneFx Analyst
by
on

Redstone Technical Report 12/4/2021

XAUUSD Down down.png

config.png First Scenario 
Sell gold around 1745.00 with a target price of 1719.00

Alternative.png Alternative Scenario 
Buy gold around 1760.00 with a target price of 1786.00

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

config.png First Scenario
Sell Silver around 25.20 with a target price of 24.40

Alternative.png Alternative Scenario 
Buy silver around 25.60 with a target price 26.20

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

config.png First Scenario 
Sell Oil around 59.25 with a target at 57.90

Alternative.png Alternative Scenario 
Buy Oil around 60.00 with a target at 61.30

Comment.png Comments 
Trading below the resistance line favors the fall
EURUSD      Up up.png

config.png First Scenario 
Buy the pair around 1.1880 with a target price of 1.1950

Alternative.png Alternative Scenario 
Sell the pair around 1.1840 with a target price of 1.1770

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

config.png First Scenario
Sell the pair around 1.3720 with a target price of 1.3570

Alternative.png Alternative Scenario 
Buy the pair around 1.3770 with a target price of 1.3890

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

config.png First Scenario 
Sell the pair around 109.60 with a target price of 108.90

Alternative.png Alternative Scenario 
Buy the pair around 110.00 with a target price of 110.70

Comment.png Comments 
Trading below moving averages and the resistance line favors the fall
US30 Up up.png

config.png First Scenario 
Buy the index around 33600.00 with a target price of 33950.00

Alternative.png Alternative Scenario 
Sell the index around 33400.00 with a target price of 33050.00

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

config.png First Scenario 
Sell the pair around 0.9270 with a target price of 0.9190

Alternative.png Alternative Scenario 
Buy the pair around 0.9310 with a target price of 0.9400

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

Ready to trade?

Get started with your RedstoneFX account today.

Easy funding & withdrawals

No deposit fees^