Thursday, November 1, 2012

GOLD‏ (Spot) intraday: the bias remains bullish.

Pivot: 1708.00
Our preference: LONG positions above 1708 with 1730 & 1735 in sight.
Alternative scenario: The downside breakout of 1708 will open the way to 1698 & 1687.
Comment: the RSI is mixed and calls for caution.




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 ...