RedstoneFx Analyst
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Redstone Technical Report 22/2/2021

XAUUSD H1 Up up.png

config.png First Scenario 
Buy gold around 1787.00 with a target price of 1807.00

Alternative.png Alternative Scenario 
Sell gold around 1775.00 with a target price of 1754.00

Comment.png Comments 
Trading above moving averages favor the rise but breaching the resistance line is required to confirm the trend
XAGUSD H1 Up up.png
config.png First Scenario 
Buy Silver around 26.85 with a target price of 27.55

Alternative.png Alternative Scenario 
Sell silver around 26.80 with a target price 25.85

Comment.png Comments 
Trading above moving averages and the support line favors the rise
USOIL H1 Up 

config.png First Scenario 
Buy Oil around 59.60 with a target at 61.50

Alternative.png Alternative Scenario 
Sell Oil around 58.50 with a target at 56.60

Comment.png Comments 
Trading above moving averages and the support line favors the rise
GBPUSD H1 Up up.png

config.png First Scenario 
Buy the pair around 1.3995 with a target price of 1.4150

Alternative.png Alternative Scenario 
Sell the pair around 1.3900 with a target price of 1.3750

Comment.png Comments 
Trading above the support line and moving averages favors the rise
US500 H1 Down down.png

config.png First Scenario 
Sell the index around 3895.00 with a target price of 3850.00

Alternative.png Alternative Scenario 
Buy the index around 3920.00 with a target price of 3960.00

Comment.png Comments 
Trading below moving averages and the resistance line favors the fall
USDCHF H1 Up up.png
config.png First Scenario 
Buy the pair around 0.8980 with a target price of 0.9035

Alternative.png Alternative Scenario 
Sell the pair around 0.8850 with a target price of 0.8800

Comment.png Comments 
Trading above the support line and moving averages favors the rise
USDCAD H1 Down down.png

config.png First Scenario 
Sell the pair around 1.2655 with a target price of 1.2570

Alternative.png Alternative Scenario 
Buy the pair around 1.2705 with a target price of 1.2790

Comment.png Comments 
Trading below the resistance line favors the fall
AUDUSD H1 Up up.png

config.png First Scenario 
Buy the pair around 0.7850 with target at 0.7935

Alternative.png Alternative Scenario 
Sell the pair around 0.7800 with a target at 0.7710

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

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