Friday, November 2, 2012

GOLD‏ (Spot) intraday: key ST resistance at 1722

Pivot: 1722.00
Our preference: SHORT positions below 1722 with 1709 & 1701 as next targets.
Alternative scenario: The upside breakout of 1722 will open the way to 1728 & 1735.
Comment: the RSI advocates for further downside.




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 ...