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GOLD (Spot) intraday: further advance.
Help!
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
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TickerTime - (GMT+2)Title1 WeekChg1 MonthChgLastSup1%Res1%
Gold21-05-2012 02:02:00GOLD (Spot) intraday: further advance.-001595.215791600
AUD/USD21-05-2012 01:53:00AUD/USD intraday: key ST resistance at 0.9895.0-00.98340.9790.9895
Alerts
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TickerTime - (GMT+2)TitleMA20MA50MA20-50MACD_SLMACD_0BollingerRSI70RSI30VolumePeriod
S&P 50018-05-2012 22:46:00S&P 500-------01 day
EUR/GBP18-05-2012 22:45:00EUR/GBP-------01 day
Candlesticks
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TickerTime - (GMT+2)TitleCandlestickLastOpinionInvalidationPeriod
USD/CAD18-05-2012 22:25:00USD/CADHanging man1.02071.0231 day
NZD/USD17-05-2012 22:25:00NZD/USDTweezer bottom0.7630.7621 day
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Client should ensure that financial instruments are suitable for his/her own investment needs and seek independent advice if necessary.