Seica King’s verse says, “How the USD/JPY and gold market will move next week!”
Good work, this is Seigaou Shiji.
Gold prices have been tough since last week.
There were almost no entry opportunities in the latter half.
Fundamentals had a strong impact,
gold kept declining.
The RCI stuck at the bottom, and selling entries were hard to come by.
In an uptrend, due to rapid rises, dip-buying entries were at high levels.
The market was difficult for EA trading as well as discretionary trading, right.
This week news came in early that Iran and the United States reached a peace agreement.
I think the impact of fundamentals will settle down somewhat with this.
The dollar/yen rose aiming for 165 yen,
gold is seen as turning from a downtrend to an uptrend,
I’ve explained it in the video.
I hope this will be helpful for this week's trading.
Well then, let's work hard and make money this week as well!
