Monday, September 10, 2012

GOLD, Sept 10 -2012

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

Pivot: 1710.00
Our Preference: LONG positions above 1710 with 1747 & 1760 as next targets.
Alternative scenario: The downside penetration of 1710 will call for a slide towards 1697 & 1688.
Comment: the break above the resistance at 1710 triggered an upward acceleration to 1747.


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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