Nhận định xu hướng& Chiến lược phiên Mỹ 5/1/2011
GOLD (Spot) intraday: the downside prevails.
Our Preference: SHORT positions below 1392 with 1372.5 & 1365 as next targets.
Alternative scenario: The upside penetration of 1392 will call for 1402.5 & 1409.
Comment: the break below 1392 is a negative signal that has opened a path to 1372.5.
Trend: ST Ltd upside; MT Bullish
Key levels Comment
1409** Intraday resistance
1402.5** Intraday resistance
1392*** Intraday pivot point
1381 Last
1372.5*** Intraday support
1365** Intraday support
1361.25** Intraday support
