Friday, November 2, 2012

GOLD‏ (Spot) intraday: the downside prevails.


Pivot: 1714.00
Our preference: SHORT positions below 1714 with 1701 & 1698 in sight.
Alternative scenario:The upside breakout of 1714 will open the way to 1718 & 1722.
Comment: the RSI is below 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 ...