Analysis of GOLD 10.01.2019

Analysis of GOLD 10.01.2019

The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1298.00
• Take Profit Level: 1308.00 (1000 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position

Source:: Analysis of GOLD 10.01.2019

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