Tuesday, October 23, 2012

GOLD‏ (Spot) intraday: bounce.


Pivot: 1713.00
Our Preference: LONG positions above 1713 with 1731 & 1747 as next targets.
Alternative scenario: The downside penetration of 1713 will call for a slide towards 1707 & 1688.
Comment: the RSI is mixed with a bullish bias.
Trend: ST Consolidation; MT Ltd upside

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USDCHF Technical Analysis - Sell at 0.9955

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