Friday, July 27, 2012

Gold Jul 27-2012


Trade Idea GOLD (Spot) intraday: the bias remains bullish.

Pivot: 1608.00
Our Preference: LONG positions above 1608 with targets @ 1623 & 1630.
Alternative scenario: The downside penetration of 1608 will call for a slide towards 1598 & 1589.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.



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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