-
Gold - Sharp upside day
• Gold has sharply moved higher on Friday. The next horizontal resistance is at 1762 (27/02/2012 low). • The target at 1730 (implied by the bullish breakout from the symmetrical triangle) has been reached. • The long-term support at 1523 has held and the long-term succession of lower highs has been invalidated. We therefore favour a longterm sideways move. Given the current strong bullish momentum, we think that the next attractive move on a risk/reward basis will be on the short side. • EUR/USD has broken its strong resistance at 1.2748 (see also down trendline and rising wedge). The next resistances are ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Sep 10, 2012 9:11am Sep 10, 2012 9:11am
- rameshl
- | Joined Sep 2012 | Status: Junior Member | 1 Comment
- Comment #2
- Quote
- Sep 10, 2012 10:55am Sep 10, 2012 10:55am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #3
- Quote
- Sep 10, 2012 11:08am Sep 10, 2012 11:08am
- Dr.Zain
- Joined Sep 2008 | Status: Member | 1472 Comments
- Comment #4
- Quote
- Sep 10, 2012 11:41am Sep 10, 2012 11:41am
- billv
- Joined Dec 2011 | Status: Member | 1068 Comments
Have a nice day
- Comment #5
- Quote
- Edited 4:40pm Sep 10, 2012 12:42pm | Edited 4:40pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #6
- Quote
- Sep 10, 2012 12:55pm Sep 10, 2012 12:55pm
- Guest
- | IP XXX.XXX.12.203
- Comment #7
- Quote
- Sep 10, 2012 12:57pm Sep 10, 2012 12:57pm
- Subestian
- | Joined Sep 2012 | Status: Member | 76 Comments
- Comment #8
- Quote
- Sep 10, 2012 2:08pm Sep 10, 2012 2:08pm
- Gold-god
- Joined Aug 2012 | Status: Member | 307 Comments
- Comment #9
- Quote
- Sep 10, 2012 2:19pm Sep 10, 2012 2:19pm
- Hft.master
- | Joined Aug 2012 | Status: Member | 28 Comments
- Comment #10
- Quote
- Sep 10, 2012 3:43pm Sep 10, 2012 3:43pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #11
- Quote
- Sep 10, 2012 4:06pm Sep 10, 2012 4:06pm
- Hft.master
- | Joined Aug 2012 | Status: Member | 28 Comments
- Comment #12
- Quote
- Sep 10, 2012 4:29pm Sep 10, 2012 4:29pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #13
- Quote
- Sep 10, 2012 9:03pm Sep 10, 2012 9:03pm
- Gold-god
- Joined Aug 2012 | Status: Member | 307 Comments
- Comment #14
- Quote
- Sep 10, 2012 11:20pm Sep 10, 2012 11:20pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #15
- Quote
- Sep 11, 2012 7:17am Sep 11, 2012 7:17am
- Guest
- | IP XXX.XXX.246.12