RTFX TraderTip >> XAU-USD Analysis - Wednesday 30 September 2009

[RTFX-Trading]

RTFX TraderTip >> XAU-USD Analysis - 30 Sep 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 : irregular flat correction down 986.6628 Scenario for today It should trade higher to 997.1566 while 991.2033 or 988.8250 offers support. Stop loss below 986.4466 zone. Key point 994.1950 Entry point 991.4541 Elliott 1019.9000 Closing 992.4000 Projection 980.9871 Trendline 991.7169 Trendline 988.1967 Res 2 1001.9133 Ex-High 995.9600 Res 1 997.1566 Pivot 991.2033 Sup 1 986.4466 Ex-Low 985.2500 Sup 2 980.4933 1005.5679 1001.2916 987.4525 983.1762   WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week There is bearish potential for a fall to 976.4266 while 998.1633 - 1004.6000 resist. After this fall a recovery up to 1004.6000 or 1011.0367 is expected. Key point 983.1800 Entry point 1000.4527 Elliott 1024.2500 Closing 989.3000 Projection 966.1889 Trendline 1019.9001 Trendline 1015.5500 Res 2 1032.7734 Ex-High 1019.9000 Res 1 1011.0367 Pivot 998.1633 Sup 1 976.4266 Ex-Low 985.2900 Sup 2 963.5533 1015.5274 1008.3851 985.2706 978.1282   MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Strength can extend to 961.6000 or even 972.0334 as declines are expected to find support at 951.1667 or 940.8251. Stop Loss below 930.4834 zone. Key point 967.3099 Entry point 955.0851 Elliott 905.1800 Closing 951.3500 Projection 1042.8557 Trendline 930.3002 Trendline 955.4200 Res 2 992.7167 Ex-High 971.8500 Res 1 972.0334 Pivot 951.1667 Sup 1 930.4834 Ex-Low 930.3000 Sup 2 909.6167 1016.4666 998.0502 938.4501 920.0336   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.