Thursday, July 12, 2012

Gold Jul 12 -2012


 Trade Idea GOLD (Spot) intraday: the downside prevails.

Pivot: 1582.00
Our Preference: SHORT positions below 1582 with 1564 & 1557 as next targets.
Alternative scenario: The upside breakout of 1582 will open the way to 1598 & 1611.
Comment: as long as 1582 is resistance, look for choppy price action with a bearish bias.


Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Indonesia Analisa yang kami berikan adalah berdasarkan perkiraan pergerakan rata rata harga dalam satu hari. Tidak menjamin apa yang kami sampaikan adalah sesungguhnya menjadi tepat dan benar. Segala hal yang terjadi dalam anda melakukan keputusan terhadap transaksi trading yang anda lakukan adalah menjadi tanggung jawab anda.
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