Thursday, September 12, 2013

GOLD‏ (Spot) intraday: under pressure.

Pivot: 1369.00

Our preference: SHORT positions below 1369 with targets @ 1347 & 1335.

Alternative scenario: The upside penetration of 1369 will call for a rebound towards 1379 & 1393.

Comment: the RSI broke below a rising 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 ...