RTFX TraderTip >> XAU-USD Analysis - Monday 17 August 2009

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RTFX TraderTip >> XAU-USD Analysis - 17 Aug 2009 The RF Tradertip™ is the presentation of Nostromo system that includes all the technical indicators and resumes the selected currencies pairs' situation on a daily, weekly and monthly basis. DAILY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 940.2300 Scenario for today There is bearish potential for a fall to 940.5833 while 949.9666 - 953.6499 resist. After this fall a recovery up to 953.6499 or 957.3333 is expected. Key point 944.9250 Entry point 953.2694 Elliott 960.6900 Closing 947.9500 Projection 940.2300 Trendline 959.3483 Trendline 958.0099 Res 2 966.7166 Ex-High 959.3500 Res 1 957.3333 Pivot 949.9666 Sup 1 940.5833 Ex-Low 942.6000 Sup 2 933.2166 958.5503 954.9075 943.1185 939.4757   WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 954.2665 Scenario for this week No comment! Key point 945.4400 Entry point 949.3915 Elliott 971.8500 Closing 947.9500 Projection 925.8200 Trendline 960.6903 Trendline 949.5300 Res 2 970.0833 Ex-High 960.6900 Res 1 959.0166 Pivot 949.6233 Sup 1 938.5566 Ex-Low 940.2300 Sup 2 929.1633 961.6192 956.8777 941.5331 936.7916   MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 937.6844 Scenario for this month It should test 999.9402 area after which a sell off down to 918.0732 or extended to 884.7266 area is expected. Key point 975.2800 Entry point 940.2302 Elliott 905.1800 Closing 951.4200 Projection 990.2700 Trendline 958.9805 Trendline 927.6899 Res 2 992.3266 Ex-High 958.9800 Res 1 971.8732 Pivot 938.5266 Sup 1 918.0732 Ex-Low 905.1800 Sup 2 884.7266 978.6126 965.4152 922.7051 909.5076   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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