GOLD (Spot) intraday: the downside prevails. |
| Pivot: 1817.00 Our Preference: SHORT positions below 1817 with 1796 & 1770 in sight. Alternative scenario: The upside penetration of 1817 will call for a rebound towards 1840 & 1855. Comment: the price is capped by a declining trend line while the RSI has struck against a major resistance around 70% and is reversing down. |
Wednesday, September 21, 2011
Technical 21 evening
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