Sunday, September 4, 2011

Technical 2 sep afternoon


GOLD (Spot) intraday: further advance.

Pivot: 1852.00
Our Preference: LONG positions above 1852 with 1888 & 1910 in sight.
Alternative scenario: The downside breakout of 1852 will open the way to 1800 & 1770.
Comment: the RSI is supported by a bullish trend line.

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