Tuesday, October 23, 2012

GOLD Oct 22-2012

GOLD (Spot) intraday: rebound.

Pivot: 1713.00
Our Preference: LONG positions above 1713 with targets @ 1731 & 1747.
Alternative scenario: The downside breakout of 1713 will open the way to 1707 & 1688.
Comment: the RSI calls for a rebound.



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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