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CFDs on Gold (US$ / OZ)

Analysis of GOLD 10.07.2018

By Kate_111

The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is above 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 1245.00
• Take Profit Level: 1236.00 (1000 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1253.00
• Take Profit Level: 1260.00 (700 pips)


GBPUSD
Possible short position in the breakdown of the level 1.3220

EURUSD
Possible short position in the breakdown of the level 1.1680

USDCHF
Possible long position at the breakdown level 0.9960

USDJPY
Possible long position at the breakdown level 111.40
Trend Analysis
Kate_111

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