You are on page 1of 1

Trading Signals Manual

Trading Signal - 06 / 10 / 2017 - 16:00 (GMT +3)


Instrument: GOLD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1265

Change -0.32 %

Current 1265

52 Week High 1340

52 Week Low 1132

30 Days ATR 9

40 Weeks ATR 20

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

Position Entry SL

1259 1270
60min The TP1 has been reached. We closed 50% of our
SHORT 1270 1270
CHART position and have moved the Stop loss at the lock in
1252 1274
Downwards profits level (1270). Provided the market conditions
Trade P. TP1 TP2
Next 3 Days Strong will remain the same the TP2 will be reached soon.
1246 1280

Neutral Medium 1264 1252

Position Entry SL

240min 1259 1282


CHART A Medium probability, entry signal to go SHORT SHORT 1268 1282
1246 1292 was given at 1268 after the market broke the
Downwards
Next 3 support level at 1268. Trade P. TP1 TP2
Strong
Weeks 1230 1308

Neutral Medium 1259 1246

Position Entry SL

Daily 1259 1325


The market is testing support at 1259. We are
CHART BUY - -
waiting to see reversal signals in order to reinstate
1230 1356
Next 3 Upwards LONG positions. Next important support the 1230
Trade P. TP1 TP2
Weak level.
Months 1193 1400

Oversold 1 - - -

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
investment research.

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