Trading Signal - 10 / 02 / 2023 - 16:00 (GMT +2)

Instrument: GOLD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1863

Change 0.09 %

Current 1863

52 Week High 2003

52 Week Low 1622

30 Days ATR 23

40 Weeks ATR 38

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

1852 1873
60min A Medium probability, entry signal to go SHORT will
SELL 1859 1873
CHART be given with the downward break of 1859 after the
1844 1882
· Downwards market found resistance at 1873. Only the upward
Trade P. TP1 TP2
Next 3 Days Weak break of 1873 would cancel the bearish scenario.
· 1825 1890

Neutral Medium 1844 1825

Position Entry SL

240min 1844 1890

CHART A Medium probability, entry signal to go SHORT SHORT 1859 1890
· 1818 1910 was given at 1859 after the market broke the
Downwards
Next 3 support level at 1859. Trade P. TP1 TP2
Strong
Weeks 1800 1925
·
Neutral Medium 1844 1818

Position Entry SL

Daily 1840 1959

The market is testing support at 1840. We are
CHART BUY - -
waiting to see reversal signals in order to reinstate
· 1800 2015
Next 3 Upwards LONG positions. Next important support the 1800
Trade P. TP1 TP2
Weak level.
Months 1730 2110
·
Oversold 1 - - -
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of investment research.

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