Friday, November 9, 2012

GOLD‏ (Spot) intraday: 1752 in sight


Pivot: 1720.00
Our preference: LONG positions above 1720 with targets @ 1742 & 1752.
Alternative scenario: The downside penetration of 1720 will call for 1711 & 1702.
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 ...