Tuesday, November 6, 2012

GOLD‏ (Spot) intraday: bullish bias above 1683


Pivot: 1683.00
Our preference: LONG positions above 1683 with 1698 & 1705 as next targets.
Alternative scenario: The downside penetration of 1783 will call for a slide towards 1672 & 1668.
Comment: the RSI is bullish and calls for further upside.


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 ...