Thursday, July 26, 2012

Gold Jul 26-2012


Trade Idea GOLD (Spot) intraday: bullish bias above 1595

Pivot: 1595.00
Our Preference: LONG positions above 1595 with targets @ 1615 & 1623.
Alternative scenario: The downside breakout of 1595 will open the way to 1589 & 1579.
Comment: the RSI is above its neutrality area at 50%.



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. CONNECTED Visit Us www.deryworldscorp.web.id Sign up for OKPAY and start accepting payments instantly.

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