XAUUSD sell signal (12 FEB 2016 10:00 AM UTC) from COSMOS4U adapted MACD Indicator

XAUUSD sell signal (12 FEB 2016 10:00 AM UTC) from COSMOS4U adapted MACD Indicator

12 February 2016, 11:13
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COSMOS4U MACD Indicator under 33, 124, 7 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (12 FEB 2016 10:00 AM UTC).

 

 

 

The sell signal is strong because the crossover has taken place above the zero line, thus determining the prevailing market trend.

 

The moving average MA(6) Hourly Volume is below the MA(33) Hourly Volume so the confirmation volume signal is weak.

 

The difference between the Bull and Bear Volumes for 33 hours is bullish.

Stay in touch for future signals so as to keep abreast with trader sentiment shifting.

 

For more info about COSMOS4U MACD Indicator optimized parameters for exchange rates from COSMOS4U Research department, please click here

 

For COSMOS4U financial markets toolbox please click here

 

For COSMOS4U Metatrader toolbox please click here