Wednesday, September 21, 2011

Technical 21 sep afternoon


GOLD (Spot) intraday: the bias remains bullish.

Pivot: 1795.00
Our Preference: LONG positions above 1795 with 1822 & 1840 in sight.
Alternative scenario: The downside breakout of 1795 will open the way to 1770 & 1745.
Comment: the RSI is bullish and calls for further upside.

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