Monday, November 5, 2012

GOLD‏ (Spot) intraday: rebound.


Pivot: 1668.00
Our preference: LONG positions above 1668 with targets @ 1692 & 1698.
Alternative scenario: The downside penetration of 1668 will call for a slide towards 1660 & 1645.
Comment: the price is testing a support level at 1675 and a rising trend line is currently standing at 1670.



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 ...