Friday, September 13, 2013

GOLD‏ (Spot) intraday: key ST resistance at 1342

Pivot: 1342.00

Our preference: SHORT positions below 1342 with 1319 & 1297 in sight.

Alternative scenario: The upside breakout of 1342 will open the way to 1356 & 1368.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.

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 ...