Our preference: SHORT positions below 1331 with 1297 & 1274 as next targets.
Alternative scenario: The upside penetration of 1331 will call for a rebound towards 1343 & 1356.
Comment: the immediate trend remains down and the momentum is strong.
Friday, September 13, 2013
GOLD (Spot) intraday: the downside prevails.
Pivot: 1331.00
Our preference: SHORT positions below 1331 with 1297 & 1274 as next targets.
Alternative scenario: The upside penetration of 1331 will call for a rebound towards 1343 & 1356.
Comment: the immediate trend remains down and the momentum is strong.
Our preference: SHORT positions below 1331 with 1297 & 1274 as next targets.
Alternative scenario: The upside penetration of 1331 will call for a rebound towards 1343 & 1356.
Comment: the immediate trend remains down and the momentum is strong.
USDCHF Technical Analysis - Sell at 0.9955
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Our pivot point is at 3.47. Our preference: as long as 3.47 is support look for 4.22. Alternative scenario: the downside breakout of 3....
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Pivot: 0.825 Our preference: Short positions below 0.825 with targets @ 0.82 7 0.8175 in extension. Alternative scenario: Above 0.825 lo...
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Sell Gold (Intraday) at 1680-1682 For 1672-1665. Stop Loss above 1686.
