Friday, August 17, 2012

GOLD Aug 17-2012

TRADE IDEA GOLD (Spot) intraday: the bias remains bullish.

Pivot: 1610.00
Our Preference: LONG positions above 1610 with 1623 & 1630 as next targets.
Alternative scenario: The downside penetration of 1610 will call for a slide towards 1606 & 1600.
Comment: the 50 period moving average is heading up and in support.


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

No comments:

Post a Comment

Followers


Flag Counter

Subscribe via email

Enter your email address:

Delivered by FeedBurner