Tuesday, November 6, 2012

GOLD‏ (Spot) intraday: rebound in sight.


Pivot: 1668.00
Our preference: LONG positions above 1668 with 1692 & 1698 as next targets.
Alternative scenario: The downside breakout of 1668 will open the way to 1660 & 1645.
Comment: the price is bouncing off a support level at 1675.


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 ...