Tuesday, October 1, 2013

GOLD‏ (Spot) intraday: rebound.

Pivot: 1320.00

Our preference: LONG positions above 1320 with 1352 & 1359 as next targets.

Alternative scenario: The downside penetration of 1320 will call for a slide towards 1306 & 1291.

Comment: the RSI has just broken above a bearish trend line.

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 ...