Monday, October 17, 2011

Technical of gold 17 oct evening


GOLD (Spot) intraday: further upside.

Pivot: 1670.00
Our Preference: LONG positions above 1670 with targets @ 1715 & 1737.
Alternative scenario: The downside breakout of 1670 will open the way to 1661 & 1654.
Comment: the price remains in a bullish channel.

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