Thursday, September 26, 2013

GOLD‏ (Spot) intraday: bullish bias above 1320

Pivot: 1320.00

Our preference: LONG positions above 1320 with 1346 & 1358 as next targets.

Alternative scenario: The downside penetration of 1320 will call for a slide towards 1306 & 1291.

Comment: the break above the 1329 former resistance area is a positive signal calling for further advance.
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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 ...

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