XAUUSD intraday forecast (technical side) 2016-05-11

11 May 2016, 13:38
oleksandr bilokon


Calculated level for today:

Support (S1 / S2 / S3 = 1259,035 / 1256,02 / 1251,13), resistance (R1 / R2 / R3 = 1268,80 / 1271,81 / 1276,69).

Key level (1st from 1274.14 to 1262.57 at the end of the day, the 2nd of 1278.71 to 1276.07).

Indicator OsMa marked increase in activity of bulls on the return rate in mmezhi key levels that are the basis for planning trading operations for today correction.

Given the state of the OS Oscillators Stochastics, expect a test of 2 key levels and R3, 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 reversal purposes is equal R2, R1, and provided to the first breakdown below key levels.

For shopping, subject to continued growth course aims resistance levels R3, and promising to aim breakdown (down H1). 

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