XAUUSD corrective sell signal on 19 JUN 2017 05:00 AM UTC by AdMACD Trading System (Timeframe=H1)

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Published in XAUUSD
Monday, 19 June 2017 05:01


COSMOS4U AdMACD Indicator under 9, 88, 6 parameters given by COSMOS4U technical analysis research department, generated a corrective sell signal for XAUUSD spot price in H1 timeframe (19 JUN 2017 05:00 AM UTC) due to trend reversal. The previous position closed with -0.04% loss.

The sell signal is weak because the crossover has taken place below the zero line, thus determining the prevailing market trend.

The moving average MA(6) hourly volume is above the MA(9) hourly volume, so the confirmation signal, given by COSMOS4U Volume Indicator, is strong. The difference between the Bull and Bear Volumes for the last 9 hours is bearish.

Stay in touch for future signals so as to keep abreast with trader sentiment shifting.

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COSMOS4U is a financial research & software development company for scientific and financial markets applications, indicators & auto trading software robots. AdMACD automated trading system for Metatrader has been developed recently. The site www.COSMOS4U.net provides technical analysis signals of stock markets based on AdMACD indicator and on actual data of real-world markets.

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