Forex Trading recommendation on GOLD 6-06-2016 by AzaForex forex broker, live gold price, gold rate, gold prices today

Successful forex trading secrets for better trades.
Friday's news is very much reflected in the quotes of various currency pairs on the market Forex, as well as on the price of Gold. Valuable metal in price again and for many traders and investors has become an instrument – shelter. Such a drastic change quotes, over 3000 points, they attracted the attention of many market players. Were opened in large numbers and volume, pending orders and market orders. Such powerful movements, usually do not end a sharp turn, and almost always make the next step in the direction of the trend. Therefore, we expect a price break below 1249 and join the bulls.

The price is above a simple moving average 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.
 
If the resistance level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Buy
•             The level of entry into long position: 1249
•             The level of profit and close the position: 1260 (1100 pips)
 
Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 106.30
 
Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1370
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9745
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4350