Wednesday, August 28, 2013

GOLD‏ (Spot) intraday: the bias remains bullish.

Pivot: 1411.00

Our preference: LONG positions above 1411 with targets @ 1440 & 1462.

Alternative scenario: The downside penetration of 1411 will call for 1395 & 1384.

Comment: the price and the RSI are supported by rising trend lines.

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 ...