# Trade signal from FBS

### Forex Chart

#### Rawat

##### Banned
AUD/USD is looking down
14.11.2019

SELL 0.6790; TP1 0.6770; TP2 0.0.6730; SL 0.6805

The Asian trading session on Thursday wasn’t kind to the AUD: Australia released weak labor figures and investors got worried about the prospects of the trade deal between the United States and China. AUD/USD that has settled below the 100-day MA in the 0.6840 area. The pair is currently testing the 50% Fibo retracement level of the October advance around 0.6800. The loss of this support will lead the price down to 0.6770 (61.8% Fibo) and 0.6725 (78.6% Fibo). Resistance lies at 0.6815 (200-period MA on H4) and 0.6830/40.

#### Rawat

##### Banned
XAU/USD: a short-term trade

18.11.2019
Last week XAU/USD recovered 38.2% of the November decline. However, the advance of gold was limited by the declining 50-period MA on the H4: the price made two attempts to overcome this area and all of them failed. The price formed a lower high and the price action strongly resembles a “Head and Shoulders” pattern. The decline below $1,460 will open the way down to the$1,450 area, according to the size of the pattern. An advance above \$1,468 is needed for buyers to return to power.