Thursday, September 19, 2013

GOLD‏ (Spot) intraday: the bias remains bullish.

Pivot: 1338.00

Our preference: LONG positions above 1338 with 1374 & 1382 as next targets.

Alternative scenario: The downside penetration of 1338 will call for 1321 & 1308.

Comment: the immediate trend remains up and the momentum is strong.

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 ...