xysoom's Blog

WTI crude oil embraced a steep rise in prices, up 4.5% to the high level of $43.68, compared to its low level of $41.76. It has recorded a fresh five-month high since March 6. Nevertheless, the outlook of oil remains uncertain because of the insufficient upward momentum in future oil prices resulted from the sluggish job growth in the United States.To get more news about WikiFX, you can visit wikifx official website.
　　U.S. ADP reported on August 6 that, payrolls increased by just 167,000 in July, which is well below market estimates of 1.2 million. Dragged by the prints, oil prices eased back to around $42.50.
　　Currently, U.S. non-farm payrolls, which is due to release on August 7, is estimated to add just 1.6 million, far below June's figures — a record high of 4.8 million at that time.
It is notable that the dollar is still a safe haven currency recognized by markets. Languishing DXY sends all other currencies, gold and U.S. stock markets to higher level, wherein gold has refreshed a record high of $2,055.8.


　　WikiFX warns that once the risk aversion grows, the dollar purchase may jump as investors seek safe haven in the greenback, which will limit further gains in oil prices.

On Thursday European trading session, USD witnessed a retreat in full, creating space for a rebound in EUR/USD. While spot gold hovered around $1,930, WTI eased back to $42.5.
　　The massive bond auctions dragged Treasury yields lower, and thats may be the reason for USD weakness. Early this week, DXY failed to keep the $94.00 zone, which prolonged its downtrend.
　　EUR/USD is extending its upside momentum and looks for chance to consolidate its 1.18 pivot key of the near term, which in turn is expected to boost the bullish momentum. Thus it will not be a surprise if it breaches the 1.19 in the short run.
　　GBP/USD gained some energy this Thursday, stopping its two-day decline with buyers keeping an eye on the 1.3100 barrier recovery.
　　Gold prices took a roller coaster rider from Tuesday to Wednesday and hovered around $1,930 on Thursday. Markets suggest that the sluggish USD may inspire bulls for gold.
　　Crude oil holds its initial support level at $42.30. According to the OPEC Monthly Oil Market Report, the global oil demand this year may decrease by 9.06 million barrel/day.

Having understood the workings of the currencies market and opened an account with a reliable broker, you are ready for the action. I use technical analysis to trade currencies because charts look more appealing.
　　#1 Select Your Trading Session
　　As mentioned, the London session is the most active session from 8am to 12pm GMT. Spreads are tight on the major pairs, and breakouts occur more often.To get more news about WikiFX, you can visit wikifx official website.
　　#2 Screen For Trades
You can increase your chances of success by adopting the triple screen method for screening. Start of by determining the duration you intend to hold your trade for. Ask if you are a day, swing or position trader.
　　A day trader looks to exit his positions within the same day. A swing trader looks to close his positions after a couple of days while a position trader looks to exit only after a few weeks or longer.
　　How does the triple screen method work？ View charts of a higher timeframe. If you are a position trader and execute trades using the daily chart, look at the weekly and monthly charts.
　　If you are a swing trader and executes on the 1-hour chart, look at the 4-hour and daily charts.


　　If you are a day trader and executes on the 1-minute chart, look at the 15 minute and 1-hour charts. Please take note that day trading is not for beginners, so until then, please stay away from this.
#3 Trade Plan And Execution
　　Open the monthly chart and youll realize that EUR/USD has been a downtrend for more than 10 years.
Plot your trendlines, support and resistance lines (as shown by the dashed lines). Thats all you need to do on the monthly chart.
　　Next, have a look at the weekly chart. Zoom in to the last few years. Start plotting the key support and resistance levels. Do you see that I have plotted a support and resistance level using dotted lines？
This is where you will mark out the critical areas you want EUR/USD to hit before taking action. Trading is like fishing as patience is rewarded.
　　Zoom in to view the prices in the past year. Mark out the key levels of support and resistance. This key level is shown in the grey zone. Remember that prices do tend to get stuck in a zone？
　　With your support and resistance zone drawn out, what do you do？ Wait for prices to reach the zone before considering an entry.
　　Since the primary trend of EUR/USD is down, you will want to short sell. It pays to remember that the trend is your friend.
　　In the example above, prices did hit the zone and crashed after. Youll want to short sell at the pink arrow, placing your stop loss at 1 ATR level above the previous high (shown by the distance marker and red line). Calculate how many lots you should sell by using the Position Sizing calculator.
　　Great! Now that you have your defensive part settled, lets discover where you should place your profit target. Recall that you have marked out the key support and resistance level on the weekly chart？ That is where you can aim to take profit.

Gold prices broke the barrier of $2,000 per ounce for the first time last week but saw a pullback on Friday. What strategy is acceptable for investors in future tradings？To get more news about WikiFX, you can visit wikifx official website.
　　Although the theme of bullish gold is far from new, the aggression occurred last week indicates that purchases for gold remain strong even in the absence of direct and significant drivers. The dollar’s weakness can explain at least some of the market fluctuation in last week.


Such pullback may continue through early this week, but the bigger question is, what will happen once gold prices ease back around the support level？ In terms of two potential support zones, the nearest one is 1987.95-2009.10, which straddles the 2000 psychological level; while the other deeper one is 1920.94-1941.25.
　　Long-term strategies may face challenges in such background. According to the monthly chart, RSI is now at its most overbought state since 2008, approaching to the level registered ahead of the Financial Collapse. Therefore, it is not an area for traders to get comfortable, even gold prices have achieved a new all-time-high from the level of $2000.

Prices of precious metals have been rising on the weak DXY since March and even soared in July, wherein silver and gold crowned the best performers with the biggest monthly gains in the decade. Prices of spot gold increased by 11.25% in July while spot silver even picked up 36.40%. Although palladium and platinum swelled 7.95% and 9.22% respectively, it is notable that platinum spot prices have been remaining stable since the beginning of this year, rather than seeing aggressive growth as other three precious metals.To get more news about WikiFX, you can visit wikifx official website.
　　Silver was the major precious metal in China before Qing dynasty, thus there have emerged silver-oriented institutions (banks today), the circulation of silver as currency, silver tickets (bank notes today) and so on. It is after the U.K. took the lead to adopt the gold standard between 1816 and 1821 that the status of silver was replaced by gold globally.


Precious metals have undergone profound adjustments over the past decade. No one had ever expected that platinum, the most precious metal all the time, would be much cheaper than palladium and gold. As of the time of writing, platinum spot prices hover around $966 while gold settles at $2,040, palladium stands at $2,180 and silver finds itself in $26.95. By this account, palladium has ousted platinum from the most precious metal.
　　Silver prices have been weak since 1980, lagging behind the market of precious metals. The major reason lies in the slump in industrial demands. Unlike gold, which shows significant power in inflation hedge and risk aversion, silver, palladium and platinum are mainly used for industrial purposes. While central banks' forex reserves and gold reserves sound familiar, silver reserves or platinum reserves are never heard.

Gold defeats silver in terms of the overall performance over the past ten to fifty years. The outstanding performance of silver in recent months, however, is because the silver ETF(exchange traded fund) was listed and even HKEX(Hong Kong Exchanges and Clearing Limited) has promoted silver futures. The rare prosperity in silver was fueled by people deliberately. Thus, there is no substantial evidence for this kind of boom. On the contrary, the uptrend in palladium and platinum is relatively rational without any foreign intervention. Gold is possible to fresh a new high based on both facts and analysis. Instead, silver prices is spiking in a farfetched way for me. In this regard, it should be alert whether you are on silvers free ride or last train.

Gold prices keep on the run up to other fresh highs after recording $1,920 on July 27. As of the time of writing, gold spot prices have set a new historic record of $2,075.00 for the moment on August 6, while COMEX Gold futures saw its most trading volume in December with the record high of $2,089.20. Financial markets are now enthused to discuss when gold will find its peak？To get more news about WikiFX, you can visit wikifx official website.
　　Currently, rational analyses suggest that gold prices will peak at $2,100-2,300. In other words, it may shrink at any time. Thus day traders should stay circumspect and prepare themselves to preempt risks and losses at every step. On the contrary, some other analyses exaggerate the peak at $3,000-10,000 for eye catching. I cannot deny them as they are possible to be true after decades. For the foreseeable future, however, they can find no chance unless there is a large-scale military conflict among nations in the short term.


Long-term investors might go bargaining hunting after the sharp correction in gold prices. Here are some suggestions for them:
　　Firstly, dont hold physical gold. Such way costs most considering the spreads and storage.
Secondly, many gold mining stocks may not fully catch the uptrend of gold prices. Whats worse, some of them are just nominally called so but taking other mineral products as the major part indeed while only keeping a fraction of gold. In this regard, it is necessary to check relevant company information before purchases.
　　Thirdly, gold holders with a long time horizon might think about the related ETF. It is quite suitable to be held for the long term because of its close lockstep with gold prices.

Classic WoW Dungeon Guide



Dungeons are a core feature of WoW Classic. Starting at level 10, there’s a vast variety of dungeons available for you to access up to level 60. Having enough wow gold may make your experience to Dungeons easier. We’ll be going over all you need to know about dungeons in this guide.To get more news about Buy WoW Items, you can visit lootwowgold official website.
Tanks absorb damage and prevent the enemy mobs from killing the healer and the DPS. A Warrior normally tanks, equips a shield, and uses appropriate threat-generating skills such as Sunder Armor and Shield Slam. Other than Warriors, Feral Druids and Protection Paladins can tank.

The most popular DPS for dungeons is Mage, Warrior, Rogue, Warlock and Hunter. Hybrids can DPS, but usually they will end up healing.

A healer keeps alive the group and resurrects dead members. Typically, a Holy Priest because of their powerful healing kit and buffs like Power Word: Fortitude, but Restoration Druids, Holy Paladins, and Shaman restore can also heal.

All dungeons in WoW Classic has a cap of 10 players, except for Blackrock Depths, Stratholme (Alive Side), Stratholme (Undead Side) and Scholomance, which all have a cap of 5 players.Players can level up in Classic WoW through dungeon grinding. With an efficient party, you can get drops and experience very effectively across instances, and also get drops which are usually improvements over quest rewards. You need a party to grind dungeons at all times though. You will need to find a group of like-minded players if you don't have a fixed party that does dungeons together when levelling up. Although any class can grind dungeons, there are two commonly recognised dungeon grinding metas: Melee Cleave, and Spell Cleave.
Melee Cleave uses Warriors' strength to inflict massive quantities of harm on several groups at once. Thanks to abilities such as Cleave, Whirlwind and the skill Sweeping Strikes, Warriors are able to reliably inflict heavy damage on enemy groups and have no downtime between pulls due to their Rage system. Melee Cleave groups are centred around providing for Warriors, with good compliments being Shaman because of the strong Windfury Totem or Blessing of Might Paladins. Certain groups of DPS and healing can join Melee Groups just fine, but they do not have as much potential damage as warriors do.

WoW Classic Stockades Guide



WoW Classic features many exciting dungeons: The Stockade is certainly one of them. The Stockades is a well-guarded prison inside of the Stormwind, the capital of the Alliance. The majority of the mobs inside The Stockade are members of the Defias Brotherhood. Interestingly, the only mob that drops any sort of Bind on Pickup loot is a rare spawn. Nevertheless, that’s countered by having six quests available from this dungeon.
As aforementioned, this dungeon is located within Stormwind: which is the capital city of the Alliance. If you are a Horde player, you will face great adversity in attempting to reach Stormwind, and it is recommended to seek an alternative.To get more news about wow classic, you can visit lootwowgold official website.

The dungeon can be cleared within an hour and is designed for players who are newer to raiding. The recommended level range is 25-30, you’re aiming to be level 26-27 before entering. If you’re playing a Tank character, consider being level 28+, as you’ll need to be able to absorb the damage for your team. With a full five-party setup, you’re going to want 1 tank, 1 healer, and 3 players focused on dealing damage. You will want one player to also have an ability that will slow down mobs or trap them. This prevents them from attempting to escape once they’re near death.
Completing the quests affiliated with the dungeon is the optimal path to take. The dungeon itself will not offer you with much loot, so completing these quests are very helpful and rewarding. The quests are the following:
Crime and Punishment. You can receive Ambassador Boots and Darkshire Mail Leggings from this quest. All you have to do is hand back the ‘Hand of Dextren Ward’, which is obtainable after defeating one of the bosses: Dextren Ward.
Quell the Uprising: you’ll receive experience for killing various different Defias mobs. A very passive quest, one that you’ll complete just by doing the dungeon a couple of times.
The Stockade Riots, a quest that starts a quest chain. There are some short prerequisite quests, starting from The Unsent Letter. However, this particular quest simply requires you to defeat Bazil Thredd and obtain his loot.
The Color of Blood, it rewards some experience for providing 10 Red Wool Bandanas. These bandanas are dropped by the Defias brotherhood mobs.
The Fury Runs Deep: this quest allows you to receive the Headbasher and Belt of Vindication, both green items. Like the other quests, you merely have to defeat a boss and obtain his loot, in this case, you’re going for the head of Deepfury.
What Comes Around, Guard Berton will ask you to get the Head of Targorr. The rewards are particularly great for this quest, as you can choose between a Lucine Longsword or a Hardened Root Staff.

WoW Classic Zul'Gurub Overview



Zul’Gurub is a very fun raid in World of Warcraft Classic! The recommended level for the raid is 58-60, and it is built for up to 20 players. Many players would be pleased to learn that this raid has over 100 items of Superior and Epic variety. As such, the rewards outweigh the learning process for this raid, quite heavily. The melee weapons in particular are quite extraordinary.To get more news about wow classic, you can visit lootwowgold official website.
This portion of the guide will cover the segments of the raid that aren’t the main bosses. Such as any puzzles or noticeable enemies you will encounter. However, with a large raid team and good coordination, things like puzzles aren’t really an issue: you can usually direct your teammates, or a smaller subset can solve them.

There are some enemies you will need to stay alert towards. There’s the Gurubashi Axe Throwers, who will do an area attack against you. They will spin in a circle, so you really need to watch out for it. However, these spinners are vulnerable to spells and abilities.

There’s also Gurubashi Blood Drinkers. They’re exactly what their name suggests, they’ll suck away life from you. This is where tanks are incredibly important, and coordination becomes key. Allow ranged damage to take priority here and allow tanks to lure them away from the rest of the raid party. Otherwise, you might find your DPS quickly drained of blood and dead.The final enemy you’ll want to be advised against (before any bosses) are the Gurubashi Champions. They have an effect to knockback, so if melee and tanks need to react in a quick and coordinated manner. Failure to do will result in your Priests and all-sorts being rushed by these champions.
The first boss you’ll encounter is High Priestess Jeklik. The spell you need to be most concerned about is Great Heal, as it has unlimited range and this boss summons minions. This can reverse any progress you make within the fight. Mind Flay is another important ability, which will cause about 200 damage and slow down an ally by 50%. You must also watch out for her charging an ally between phase 1 and phase 2, healers should be ready to respond at all times.

Secondly, you’ll face High Priest Venoxis. This boss isn’t too difficult, especially if you were able to defeat Jekilk. One thing to note is once this boss reach 50% health in its second phase, it will mutate into a snake and will deal a great deal more damage. This is where you need to concentrate highly on the damage. Holy Wrath is one ability to be concerned about: as it is a chain attack. If a DPS is in-range of this, they will likely die, you must ensure only tanks are in the range of the boss during its first phase.

Atom H1 Led Bulb 



Halogen Bulb Size, Extremely Compact,
– 4000 Lumens brightness, Comply to ECE standard Beam Pattern,
– Aircraft Aluminum Heat Sink, Stable and long-lasting,
– Insert intelligent temperature control system

1. 16 watts per bulb produce around 4000 lumens, a small size close to a halogen bulb, simulated the thickness and lighting position of a filament in halogen headlight bulb.To get more news about H1 LED headlights, you can visit iengniek official website.

2. Plug and play for a convenience install experience, emitting ECE/DOT standard light beam pattern in reflector headlight housing without any dark spot.

3. Design with aircraft aluminum heat sink, creating a stable heat dissipation function, a long lifespan for Atom LED bulb use in a vehicle

4. Atom LED Headlight bulb can apply to 99% vehicles on the market, with low return rate, low bad reviews and low after-sale cost, providing you a reliable user experience and helping you increase the rate of acclaim for business

NAOEVO LED headlight bulbs with 72W, 7600LM per pair and 6000K cool white. Super focused beam and stable light output provides wider and farther lighting range. 300% brighter than Halogen headlights, ensuring your safe drive.To get more news about H11 LED headlights, you can visit iengniek official website.
[10 Minutes Easy Installation] - NAOEVO LED bulbs compatible with over 95% vehicles without modification. They are made to fit for your original factory plug. Just Plug and Play.
[5,0000 Hours Lifespan] - Aviation aluminum body, built-in intelligent temperature control system and speedy turbo cool silent fan provide super cooling ability, extend their operating life to over 50,000 Hours.
[360° Adjustable Beam] - H11 LED bulb adopts 360°adjustable locker ring to enable your car finally obtain the best light beam pattern. Usually make the LED chips facing 3 O’clock & 9 O’clock.
[Service] - NAOEVO service team have rich experience in after-sales service, Emails will be quickly responded within 24 hours. NOTE:The filter system may not be 100% accurate or up to date, if you are not sure about the size, please contact us before purchasing.
1. What should I do if headlight bulbs don't work after installation?
------H11 are polarity design, if the bulbs don't work, please disconnect the bulbs from your vehicle plug flip the plug to reverse the positive and negative, and reconnect.
2. What should I do if the light flicker or your vehicle shows error code?
------A few vehicle requires the decoder (warning canceller)to be installed together to avoid the flicker or warning. If you own these types of cars, it's recommended that you buy the light bulb with the purchase of the decoder. Please Check if your car requires CANBUS before purchasing!

3. How to get better beam pattern?
------Please orientate the LED chips to 3 to 9 o’clock, facing side to side could get a better beam pattern.
Power: 72W(36W/per)
Voltage: 12V-24V
Waterproof: IP68
LED Type: Upgrade Flip Chip
Color Temperature: 6000K White
Lumen: 7600lumen (3800LM/per)
Shell Material: Aviation Aluminum