XAUUSD intraday forecast (technical side) 2016-03-14

14 March 2016, 13:06
oleksandr bilokon
0
45
Calculated level for today:
Support (S1 / S2 / S3 = 1247,17 / 1238,99 / 1225,76), resistance (R1 / R2 / R3 = 1273,43 / 1281,49 / 1295,04).
Key resistance levels (1st from 1255.01 to 1259.77 at the end of the day, the 2nd ox 1255.78 to 1262.22).
Indicator OsMa marked decrease in activity of bulls and bears increase in activity that provides the basis of planning of trading correction advantage of sales to date.
Given the state of the Stochastics oscillator, expect a test of key resistance levels, where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales (stored position), or turn on condition of formation of ox key resistance levels, goals are S1, S1-w, Up H4, S2, S3 ,.

Alternative purchase make sense provided the return rate above key resistance levels in the event of breakdown levels R1-m to R1, R2, R3.

Chart: http://bi0l.blogspot.com/2016/03/xauusd-intraday-forecast-technical-side_14.html 

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