Thursday, August 16, 2012

GOLD Aug 16-2012

Trade Idea GOLD (Spot) intraday: bounce.

Pivot: 1590.00
Our Preference: LONG positions above 1590 with 1608 & 1618 as next targets.
Alternative scenario: The downside breakout of 1590 will open the way to 1584 & 1575.
Comment: a support base at 1590 has formed and has allowed for a temporary stabilisation.


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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