Thursday, August 22, 2013

GOLD‏ (Spot) intraday: the bias remains bullish.

Pivot: 1359.00

Our preference: LONG positions above 1359 with targets @ 1379 & 1384.

Alternative scenario: The downside penetration of 1359 will call for a slide towards 1352 & 1347.

Comment: the RSI is mixed with a bullish bias.

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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