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Murrey Math Lines 09.08.2018 (USDCHF, GOLD)

09.08.2018

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF is trading above the 5/8 level and may continue growing to reach the resistance at the 8/8 one.

USDCHF1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the H1 chart, the pair may break the 2/8 level and then continue trading downwards to reach the support at the 0/8 one.

USDCHF2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

XAUUSD, “Gold vs US Dollar”

In the H4 chart, XAUUSD may test the support at the 5/8 level, rebound from it, and then resume growing towards the resistance at the 7/8 one.

XAUUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the H1 chart, the price is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.

XAUUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.


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