Wednesday, December 5, 2012

GOLD‏ (Spot) intraday: rebound expected.


Pivot: 1689.00
Our preference: LONG positions above 1689 with 1708 & 1722 as next targets.
Alternative scenario: The downside penetration of 1689 will call for a slide towards 1684 & 1672.
Comment: the RSI is well directed.


By at

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 ...

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