RedstoneFx Analyst
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Redstone Technical Report 4/3/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1710.00 with a target price of 1754.00

Alternative.png Alternative Scenario 
Sell gold around 1689.00 with a target price of 1652.00

Comment.png Comments 
Trading above the support favours the rise but breaching the resistance line is required to confirm the trend
XAGUSD Up up.png
config.png First Scenario 
Buy Silver around 25.85 with a target price of 26.43

Alternative.png Alternative Scenario 
Sell silver around 25.28 with a target price 24.70

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

config.png First Scenario 
Buy Oil around 63.95 with a target at 65.80

Alternative.png Alternative Scenario 
Sell Oil around 62.90 with a target at 61.10

Comment.png Comments 
Trading above the support and moving averages favours the rise
GBPUSD Up up.png

config.png First Scenario 
Buy the pair around 1.3935 with a target price of 1.4083

Alternative.png Alternative Scenario 
Sell the pair around 1.3850 with a target price of 1.3700

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

config.png First Scenario 
Buy the pair around 107.00 with a target price of 107.87

Alternative.png Alternative Scenario 
Sell the pair around 106.50 with a target price of 105.63

Comment.png Comments 
Trading above moving averages and the support line favors the rise
US30 Up up.png
config.png First Scenario 
Buy the index around 31100.00 with a target price of 31685.00

Alternative.png Alternative Scenario 
Sell the index around 30890.00 with a target price of 30305.00

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

config.png First Scenario 
Buy the pair around 0.9150 with a target price of 0.9225

Alternative.png Alternative Scenario 
Sell the pair around 0.9110 with a target price of 0.9015

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

config.png First Scenario 
Sell the pair around 1.2650 with a target price of 1.2548

Alternative.png Alternative Scenario 
Buy the pair around 1.2710 with a target price of 1.2825

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

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