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Precious Metals Keep Shining

By:
Tomasz Wiśniewski
Published: Apr 8, 2021, 08:51 UTC

In today’s Traders Edge Market Briefing, Tomasz found these amazing setups we thought you’d find interesting!

Precious Metals Keep Shining

Gold is not slowing down and continues to aim higher in an extremely handsome bullish price action setup.

Silver isn’t far behind and is moving higher after breaking the mid-term uptrend line.

The EURUSD is aiming for the 23,6% Fibonacci after bouncing from 38,2%.

The GBPUSD is in a big flag formation. Breakout to the upside is very probable.

The EURPLN is showing us how great false breakouts can be. The price collapsed after a fake rise above the horizontal resistance of 4.63.

The AUDUSD is in a long-term head and shoulders formation and a short-term inverted head and shoulders. Which one will win?

The USDCAD has slowed down below two major downtrend lines.

The NZDCHF’s sentiment is negative after the price dropped below the long-term up trendline.

For a look at all of today’s economic events, check out our economic calendar.

About the Author

During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.

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