Forex Trading recommendation on GOLD 24-03-2016 by AzaForex

Want to learn more about forex read these tips .
Gold yesterday lost a lot of value. Such sharp movements rarely stop immediately. We look forward to a continuation of the trend
The price is below a simple moving average 200 MA and 20 MA indicating bearish trend.
The MACD trend indicator is below zero level now, indicating bearish movement.
The oscillator Force Index is below zero level now, indicating the strength of bears.
 
If the support level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Sell
•             The level of entry into short position 1212.00
•             Take Profit Level: 1192 (2000 pips)
 
 
USDJPY
Possible bullish movement in the breakout of the resistance level 113.00
 
GBPUSD
Possible bearish movement in the breakdown of the support level 1.4050
 
EURUSD
Possible bearish movement in the breakdown of the support level 1.1144
 
USDCHF
Possible bullish movement in the breakout of the resistance level 0.9770