Tuesday, August 14, 2012

GOLD Aug 14-2012


TRADE IDEA GOLD 

Pivot: 1618.00. Our Preference: SHORT positions below 1618 with 1605 & 1598 as next targets.
Alternative scenario: The upside penetration of 1618 will call for a rebound towards 1626 & 1630.
Comment: the price has broken below its support level at 1618. Further consolidation seems likely.
Trend: ST Range; MT Range



This Week You Suggested Trade With : 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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