Wednesday, September 19, 2012

GOLD Sept 18-2012

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

Pivot: 1747.00
Our Preference: LONG positions above 1747 with targets @ 1776 & 1788.
Alternative scenario: The downside breakout of 1747 will open the way to 1724 & 1716.
Comment: the RSI has just broken above a declining trend line.



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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