RedstoneFx Analyst
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Redstone Technical Report 7/4/2021

XAUUSD Up up.png

config.png First Scenario
Buy gold around 1735.00 with a target price of 1760.00

Alternative.png Alternative Scenario 
Sell gold around 1720.00 with a target price of 1690.00

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 24.95 with a target price of 25.70

Alternative.png Alternative Scenario 
Sell silver around 24.50 with a target price 23.70

Comment.png Comments 
Trading above the support line and 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
GBPUSD    Down down.png

config.png First Scenario 
Sell the pair around 1.3800 with a target price of 1.3710

Alternative.png Alternative Scenario 
Buy the pair around 1.3825 with a target price of 1.3870

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

config.png First Scenario
Sell the pair around 109.90 with a target price of 109.35

Alternative.png Alternative Scenario 
Buy the pair around 110.20 with a target price of 110.75

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall
US30 Up up.png

config.png First Scenario 
Buy the index around 33400.00 with a target price of 33750.00

Alternative.png Alternative Scenario 
Sell the index around 33200.00 with a target price of 29700.00

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 0.9320 with a target price of 0.9250

Alternative.png Alternative Scenario 
Buy the pair around 0.9360 with a target price of 0.9430

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

config.png First Scenario 
Buy the pair around 1.2575 with a target price of 1.2655

Alternative.png Alternative Scenario 
Sell the pair around 1.2530 with a target price of 1.2450

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

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