Tuesday, July 24, 2012

Gold Jul 24 -2012


Trade Idea GOLD (Spot) intraday: further upside.

Pivot: 1569.00
Our Preference: LONG positions above 1569 with 1582 & 1594 as next targets.
Alternative scenario: The downside breakout of 1569 will open the way to 1563 & 1554.
Comment: the RSI is mixed with a bullish 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. Visit Us www.deryworldscorp.web.id
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