XAUUSD intraday forecast (technical side) 2016-02-11

11 February 2016, 13:19
oleksandr bilokon
0
62

Chart: http://bi0l.blogspot.com/2016/02/xauusd-intraday-forecast-technical-side_11.html

 

Calculated level for today:

Support (S1 / S2 / S3 = 11085,80 / 1181,96 / 1175,75), resistance (R1 / R2 / R3 = 1198,23 / 1202,071208,29).

Key support levels (1st from 1193.12 to 1191.03 at the end of the day, the 2nd ox 1172.91 to 1189.09).

Indicator OsMa marked decrease in activity of the bears and the bulls increase in activity late last trading day,

resulting in the breakdown of trend (down H1) and the calculated resistance levels at the beginning of the trading day.

Currently OsMa marked divergence indicator. It is preferred for planning trading operations for today correction.

Given the state of OB oscillators Stochastics, forward rate return to the levels punched R3 / R2 / R1,

where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term purchases, provided rollback ox slain R1,R2, or key levels are equal objectives achieved highs.

Alternative sales goals make sense of the correction to the trend levels (Up H1),

and provided the breakdown below target levels are calculated levels S1 / S2 / S3. 

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