The price is below the moving average MA 200 and 20 MA, indicating the downward trend.
The 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 213.00
• Take Profit Level: 205.00 (800 pips)
If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 222.00
• Take Profit Level: 223.00 (100 pips)
GOLD
Possible long position at the breakout of the level 1265
EURUSD
Possible short position in the breakdown of the level 1.1190
USDCHF
Possible short position in the breakdown of the level 0.9750
USDJPY
Possible short position in the breakdown of the level 110.20
