Our preference: SHORT positions below 1332 with targets @ 1306 & 1291.
Alternative scenario: The upside penetration of 1332 will call for 1346 & 1358.
Comment: as long as 1332 is resistance, look for choppy price action with a bearish bias.
Wednesday, September 25, 2013
GOLD (Dec 13) intraday: the downside prevails.
Pivot: 1332.00
Our preference: SHORT positions below 1332 with targets @ 1306 & 1291.
Alternative scenario: The upside penetration of 1332 will call for 1346 & 1358.
Comment: as long as 1332 is resistance, look for choppy price action with a bearish bias.
Our preference: SHORT positions below 1332 with targets @ 1306 & 1291.
Alternative scenario: The upside penetration of 1332 will call for 1346 & 1358.
Comment: as long as 1332 is resistance, look for choppy price action with a bearish bias.
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 ...
