7/24/2019 EN-GOLD-20150602-M

http://slidepdf.com/reader/full/en-gold-20150602-m 1/1

Trading Signal - 02/06/2015 - 10:00 (GMT +3)

Instrument: GOLD

by: Chief Technical Strategist Avramis Despotis

Previous Close 1187

Change -0.18 %

Current 1187

52 Week High 1340

52 Week Low 1150

30 Days ATR 10

40 Weeks ATR 28

Time Trend & ConditionSupport &

ResistancesComments

Position & TradeProbability

Entry, Take Profit &Stop Loss Levels

60minCHART

·Next 3Days

Upwards Weak·

Neutral

1185 1193

1173 1197

1154 1204

The market is testing support at1185. We are waiting to see reversalsignals in order to reinstate LONGpositions. Next important support the1173 level.

Position Entry SL

BUY - -

Trade P. TP1 TP2

- - -

240minCHART

·Next 3Weeks

Downwards Weak·

Neutral

1179 1201

1158 1213

1152 1232

The market is dominated byuncertainty. The occasionallyprevailing trend lasts for a limitedtime and changes its direction toofrequently. As long as the marketremains unstable, we stay aside,waiting for the market to get back ontrack.

Position Entry SL

WAITING - -

Trade P. TP1 TP2

- - -

DailyCHART

·Next 3

Months

Upwards Weak·

Neutral

1176 1243

1142 1287

1127 1360

The market is dominated byuncertainty. The occasionallyprevailing trend lasts for a limitedtime and changes its direction toofrequently. As long as the market

remains unstable, we stay aside,waiting for the market to get back ontrack.

Position Entry SL

WAITING - -

Trade P. TP1 TP2

- - -

12, Richard & Verengaria Street Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus P.O.Box 50626, 3608 Limassol, Cyprus