XAUUSD INTADAY FORECAST (TECHNICAL SIDE) 2017-06-23

23 June 2017, 08:53
oleksandr bilokon
0
23
Estimated levels for today:
Support (S1 / S2 / S3 = 1247.92 / 1246/01 / 1242.92), resistance (R1 / R2 / R3 = 1254.10 / 1256.01 / 1259.10).

Key support levels (1 st from 1244.45 to 1249.80 at the end of the day, 2nd alley 1244.04 to 1247.63).

gold

In the past trading day, the OsMa indicator signaled an increase in the activity of the bulls at breakdowns at key levels and at the testing of levels (S1W1 broken, EMA120) at the beginning of the trading day, and the growth of bear activity when returning to the key levels, which prefers to plan for trade corrections today.
Given the state of the Stochastics oscillators, expect a S1W1, R1, up H1, and key levels, where you will need to consider the activities of the parties on the charts of smaller timeframes.
For short-term purchases, with the condition of forming reversal signals (3-point up W1), the targets are R1, R2, 61.8 Fibo, and with a breakdown higher than R3, EMA521,50 Fibo, down H4.

Alternative sales have meaning from R2, 61.8 Fibo with correction targets to 1 key levels, and (or) S1, S2, S3, if (upH1) and key levels will bebroked to (R3, up W1).

Compiled according to the trading platform MT4 from RBFXPRO.com


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