Analysis on GOLD 17.03.2015.

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
MACD histogram is below the zero line, but in the correction.
The oscillator Force Index to be corrected, but again under the 0-th level.

If the level of support is broken, you shall follow recommendations below:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position  1146.76
• Take Profit Level: 1130.97 (1579 pips)
• Stop Loss Level: 1151,56 (480 pips)

If the price rebound from support level 1203.44, you shall follow recommendations below:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position  1150
• Take Profit Level: 1163 (1300 pips)
• Stop Loss Level: 1147 (300 pips)

 
EURUSD

 Possible long position in the breakdown 1,0620. 
 
GBPUSD

According to recommendations GBPUSD  short position is open. 
 
USDJPY

 According to recommendations USDJPY  we are expecting  when  the order will be opened. 
 
USDCHF

 According to recommendations USDCHF  we are expecting  when  the order will be opened.