Tuesday, December 4, 2012

GOLD‏ (Spot) intraday: further advance.


Pivot: 1703
Our preference: LONG positions above 1703 with 1722 & 1731 in sight.
Alternative scenario: The downside breakout of 1703 will open the way to 1698 & 1694.
Comment: the RSI lacks downward momentum.


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 ...