Monday, October 1, 2012

GOLD , Oct 1 -2012

GOLD (Spot) intraday: the downside prevails.

Pivot: 1776.00
Our Preference: SHORT positions below 1776 with 1759 & 1752 in sight.
Alternative scenario: The upside breakout of 1776 will open the way to 1783 & 1787.
Comment: as long as 1776 is resistance, likely decline to 1759.


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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