Monday, September 24, 2012

GOLD Sept 24-2012

 Trade Idea GOLD (Spot) intraday: under pressure.

Pivot: 1772.00
Our Preference: SHORT positions below 1772 with targets @ 1753 & 1747.
Alternative scenario: The upside penetration of 1772 will call for a rebound towards 1779 & 1787.
Comment: the RSI is bearish and calls for further downside.


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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