AU200 Price trend remains bullish | IFCM Canada
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AU200 Price trend remains bullish

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The AU200, Daily price forecast was bullish in our October 09, 2020 technical analysis.

  • Market data after AU200, Daily technical analysis of Oct 09, 2020 continues to indicate bullish movement.
  1. AU200, Daily rose 0.4% since 09 October 2020.
  2. AU200 moved up from the 5-month neutral trend.

Here's what the indicators show as of October 19, 2020:

  • The Parabolic indicator gives a bullish signal.
  • The Bollinger Channel gives a bullish signal.
  • The MACD indicator gives a bullish signal.
  • The RSI oscillator gives a neutral signal.
  • Fractals give a bullish signal.
  • The MA (200) indicator gives a neutral signal.

Thus, the forecast for AU200, Daily is still bullish.

OrderBUY
Buy stopAbove 6200
Stop lossBelow 5900

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