Monday, November 12, 2012

GOLD‏ (Spot) intraday: the bias remains bullish.

Pivot: 1726.00
Our preference: LONG positions above 1726 with 1742 & 1752 as next targets.
Alternative scenario: The downside breakout of 1726 will open the way to 1720 & 1711.
Comment: technically, the RSI is above its neutrality area at 50.


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 ...