Wednesday, November 21, 2012

GOLD‏ (Spot) intraday: under pressure.

Pivot: 1735.00
Our preference: SHORT positions below 1735 with targets @ 1717 & 1711.
Alternative scenario: The upside penetration of 1735 will call for a rebound towards 1743 7 1749.
Comment: the RSI is capped by a declining trend line.


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 ...