GOLD (Spot) intraday: further advance.
Time: 21-05-2012 02:02:00
Pivot: 1579.00
Our Preference: LONG positions above 1579 with 1600 & 1608 as next targets.
Alternative scenario: The downside penetration of 1579 will call for 1572 & 1565.
Comments: technically, the RSI is above its neutrality area at 50.
Trend: ST Consolidation; MT Bullish
Key levels Comment
1612** Intraday resistance
1608** Intraday resistance
1600** Intraday resistance
1595.2 Last
1579*** Intraday pivot point
1572** Horizontal support
1565** Horizontal support
Technical Analysis
| Ticker | Time - (GMT+2) | Title | 1 Week | Chg | 1 Month | Chg | Last | Sup1% | Res1% |
|---|---|---|---|---|---|---|---|---|---|
| Gold | 21-05-2012 02:02:00 | GOLD (Spot) intraday: further advance. | - | 0 | ![]() | 0 | 1595.2 | 1579 | 1600 |
| AUD/USD | 21-05-2012 01:53:00 | AUD/USD intraday: key ST resistance at 0.9895. | ![]() | 0 | - | 0 | 0.9834 | 0.979 | 0.9895 |
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Client should ensure that financial instruments are suitable for his/her own investment needs and seek independent advice if necessary.
Any information contained above is not intended as an offer or solicitation for the purchase or sale of any financial instrument, or to provide any investment advice or service.
Client should ensure that financial instruments are suitable for his/her own investment needs and seek independent advice if necessary.














