XAUUSD weekly forecast 2016-04-week4

25 April 2016, 12:35
oleksandr bilokon

Chart: http://bi0l.blogspot.com/2016/04/xauusd-weekly-forecast-2016-04-week4.html

 Estimated levels of the week:

Support (S1-w / S2 / S3 = 1227,75 / 1221,79 / 1212,15), resistance (R1-w / R2 / R3 = 1247,04 / 1253,00 / 1262,64).

Key resistance levels (1st from 1238.37 to 1244.26 at the end of the week, 2nd from 1239.71 to 1246.93).

Indicator OsMa marked increase in activity bears the sample (up H4 broken), which is the basis for planning of trading correction.

Given the state of the OS Oscillators Stochastics, expect a test levels (EMA120, S3, up H4 broken), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term sales, on condition of formation of recoil (up H4 broken) or key levels are equal objectives S1-w, S2, S3 and the EMA521.

Alternative shopping krektsiyi makes sense provided Flat extension, the return rate above key levels and (EMA120) with goals to levels R1-w, R2-w, R3-w.

Share it with friends: