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CFDs on Gold (US$ / OZ)

Analysis of GOLD 13.07.2018

By Kate_111

The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero level.
If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1236.00
• Take Profit Level: 1222.00 (1600 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1249.00
• Take Profit Level: 1256.00 (700 pips)


GBPUSD
Possible short position in the breakdown of the level 1.3100

EURUSD
Possible short position in the breakdown of the level 1.1610

USDCHF
Possible long position at the breakdown level 1.0070

USDJPY
Trend Analysis
Kate_111

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