The price above MA 200 and 20 MA, indicating a growing trend.
MACD is above the zero line.
The oscillator Force Index is above the zero line in correction.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 124.50
• Take Profit Level: 125.50 (100 pips)
• Stop Loss Level: 124.10 (40 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 123.50
• Take Profit Level: 122.70 (70 pips)
• Stop Loss Level: 123.80 (30 pips)
GOLD
Possible short position in the breakdown of the level 1179
EURUSD
Possible short position in the breakdown of the level 1.0900
USDCHF
Possible long position at the breakout of the level 0.9540
GBPUSD
Possible short position in the breakdown of the level 1.5260
