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Trading Signals Manual

Trading Signal - 12 / 10 / 2017 - 10:00 (GMT +3)


Instrument: GOLD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1296

Change 0.25 %

Current 1296

52 Week High 1340

52 Week Low 1132

30 Days ATR 7

40 Weeks ATR 20

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

Position Entry SL

1285 1300
60min
A Medium probability, entry signal to go LONG was LONG 1294 1285
CHART
1278 1309 given at 1294 after the market broke the resistance
Upwards
level at 1294. Trade P. TP1 TP2
Next 3 Days Strong
1265 1323

Neutral Medium 1300 1309

Position Entry SL

240min 1285 1301


A Medium probability, entry signal to go LONG was
CHART LONG 1294 1285
given at 1294 after the market completed a bullish
1275 1311
Next 3
Upwards trend reversal pattern. Only the downward break of
Trade P. TP1 TP2
Strong 1285 would cancel the bullish scenario.
Weeks 1260 1326

Neutral Medium 1301 1311

Position Entry SL

Daily 1280 1340


The market is testing support at 1280. We are
CHART BUY - -
waiting to see reversal signals in order to reinstate
1259 1356
Next 3 Upwards LONG positions. Next important support the 1259
Trade P. TP1 TP2
Weak level.
Months 1223 1400

Neutral - - -

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.

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