Wednesday, September 18, 2013

GOLD‏ (Spot) intraday: key ST resistance at 1308

Pivot: 1308.00

Our preference: SHORT positions below 1308 with 1288 & 1279 as next targets.

Alternative scenario: The upside penetration of 1308 will call for 1318 & 1334.

Comment: the RSI is bearish and calls for further decline.
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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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