RedstoneFx Analyst
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Redstone Technical Report 6/4/2021

XAUUSD Up up.png

config.png First Scenario
Buy gold around 1730.00 with a target price of 1755.00

Alternative.png Alternative Scenario 
Sell gold around 1715.00 with a target price of 1680.00

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 24.80 with a target price of 25.50

Alternative.png Alternative Scenario
Sell silver around 24.40 with a target price 23.70

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

config.png First Scenario 
Buy Oil around 59.20 with a target at 61.30

Alternative.png Alternative Scenario 
Sell Oil around 58.00 with a target at 55.90

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

config.png First Scenario 
Buy the pair around 1.1800 with a target price of 1.1870

Alternative.png Alternative Scenario 
Sell the pair around 1.1760 with a target price of 1.1690

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

config.png First Scenario
Buy the pair around 1.3895 with a target price of 1.4020

Alternative.png Alternative Scenario 
Sell the pair around 1.3820 with a target price of 1.3690

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

config.png First Scenario 
Buy the pair around 110.15 with a target price of 110.80

Alternative.png Alternative Scenario 
Sell the pair around 109.65 with a target price of 109.05

Comment.png Comments 
Trading above the support line favors the rise
US30 Up up.png

config.png First Scenario 
Buy the index around 33280.00 with a target price of 33770.00

Alternative.png Alternative Scenario 
Sell the index around 33000.00 with a target price of 32510.00

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 4060.00 with a target price of 4100.00

Alternative.png Alternative Scenario 
Sell the index around 4035.00 with a target price of 3990.00

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

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