Tuesday, September 3, 2013

GOLD‏ (Spot) intraday: the downside prevails.

Pivot: 1398.00

Our preference: SHORT positions below 1398 with 1385 & 1374 in sight.

Alternative scenario: The upside breakout of 1398 will open the way to 1405 & 1411.

Comment: the RSI is capped by a bearish trend line.

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 ...