Thursday, November 29, 2012

GOLD‏ (Spot) intraday: under pressure.


Pivot: 1730.00
Our preference: SHORT positions below 1730 with 1706 & 1690 in sight.
Alternative scenario: The upside breakout of 1730 will open the way to 1737 & 1745.
Comment: the immediate trend remains down and the momentum is strong.


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 ...