FBS - Analytics


    555.25 6.25/10
    84% of positive reviews

    GOLD probably overcomes the level at 1312.50

    The price continues to test new marks, and has already achieved key level 8/8 (1312.50). No breakdowns STH4, which indicates the strength of the bulls. Despite growing STH4 and STD1, the expected pullback to the area of  STD1  can happen now. The key level is 8/8, the breakdown of which at least one third of the width of the levels will lead to a further increase to the level 1/8 (1328.13). The advantage is to give a bullish scenario, ambushed the breakdown 8/8.

    Trade recommendation:

    Buy – 1318.00; sell – 1312.00; tp – 1328.00. 

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