Monday, September 16, 2013

GOLD‏ (Spot) intraday: rebound.

Pivot: 1307.00

Our preference: LONG positions above 1307 with 1334 & 1343 in sight.

Alternative scenario: The downside penetration of 1307 will call for a slide towards 1297 & 1288.

Comment: a support base at 1307 has formed and has allowed for a temporary stabilisation.

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 ...