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Leonid graduated from Donetsk National Technical University, specialization "Automation and process control". He came to the market five years ago. As a basis of trade he uses indicator «Murray levels» , also prefers the classical technical analysis.

GOLD has almost reached the key level 1375.00

After fixing higher than 2/8 (1312.50) price has almost reached its main goal at the level 4/8 (1375.00). Nevertheless, the last rebound from STH4, as well as the growing STD1 talk about the possible continuation of growth. The breakdown the level 4/8 at least a third of width of the levels will lead to test mark at the level 5/8 (1403.00). Having one level 4/8 it is not enough to make at least the price correction.

Trade recommendation:

Buy – 1386.00; sl – 1374.00; tp – 1401.00. 

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