Friday, November 9, 2012

GOLD‏ (Spot) intraday: bullish bias above 1720


Pivot: 1720.00
Our preference: LONG positions above 1720 with targets @ 1742 & 1752.
Alternative scenario: The downside breakout of 1720 will open the way to 1711 & 1702.
Comment: the RSI is mixed with a bullish bias.


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 ...