Friday, August 23, 2013

GOLD‏ (Spot) intraday: further advance.

Pivot: 1359.00

Our preference: LONG positions above 1359 with targets @ 1384 & 1394.

Alternative scenario: The downside breakout of 1359 will open the way to 1352 & 1347.

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 ...