Wednesday, October 17, 2012

GOLD‏ (Spot) intraday: rebound expected.


Pivot: 1738.00
Our preference: LONG positions above 1738 with 1757 & 1766 as next targets.
Alternative scenario: The downside penetration of 1738  will call for a slide towards 1729 7 1724.
Comment: the RSI is bullish and calls for further upside.


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USDCHF Technical Analysis - Sell at 0.9955

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