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 1275.00 • Take Profit Level: 1265.00 (1000 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1285.00 • Take Profit Level: 1290.00 (500 pips)
GOLD Possible short position in the breakdown of the level 1.3200
EURUSD Possible short position in the breakdown of the level 1.1535
USDCHF Possible long position at the breakout of the level 0.9915
USDJPY Possible long position at the breakout of the level 109.50
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