Wednesday, August 21, 2013

GOLD‏ (Spot) intraday: the bias remains bullish.

 
Pivot: 1352.00

Our preference: LONG positions above 1352 with 1384 & 1394 as next targets.

Alternative scenario: The downside penetration of 1352 will call for a slide towards 1345 & 1328.

Comment: the RSI is mixed to bullish.

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 ...