Friday, November 30, 2012

GOLD‏ (Spot) intraday: further upside.


Pivot: 1722.00
Our preference: LONG positions above 1722 with 1736 & 1745 in sight.
Alternative scenario: The downside penetration of 1722 will call for 1717 & 1706.
Comment: the RSI is mixed with a bullish bias.


USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...