Tuesday, August 7, 2012

GOLD Aug 6 - 2012

TRADE IDEA GOLD (Spot) intraday: the bias remains bullish.
Pivot: 1600.00
Our Preference: LONG positions above 1600 with 1618 & 1625 in sight.
Alternative scenario: The downside breakout of 1600 will open the way to 1590 & 1584.
Comment: the RSI is above its neutrality area at 50%.
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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