Monday, December 3, 2012

GOLD‏ (Spot) intraday: further upside.


Pivot: 1703.00
Our preference: LONG positions above 1703 with 1731 & 1736 as next targets.
Alternative scenario: The downside penetration of 1703 will call for 1698 & 1694.
Comment: the RSI advocates for further upside.


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 ...