RTFX TraderTip >> XAU-USD Analysis - Tuesday 09 February 2010

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RTFX TraderTip >> XAU-USD Analysis - 9 Feb 2010 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 1055.7344 Scenario for today It looks more likely that it would rise to 1070.5916 - 1078.2832 from 1062.4125 or 1058.5667. After which a downside move is expected. Key point 1057.8625 Entry point 1065.9050 Elliott 1073.9500 Closing 1062.9000 Projection 1055.7344 Trendline 1061.9259 Trendline 1079.3751 Res 2 1078.2832 Ex-High 1073.9500 Res 1 1070.5916 Pivot 1066.2583 Sup 1 1058.5667 Ex-Low 1061.9250 Sup 2 1054.2334 1096.0011 1089.0723 1066.6488 1059.7199   WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 1075.2756 Scenario for this week There is bearish potential for a fall to 1056.0376 - 1033.0151 while 1079.0601 - 1096.3525 resist. After this fall a recovery up to 1096.3525 or 1113.6451 is expected. Key point 1022.7949 Entry point 1073.9502 Elliott 1125.1050 Closing 1067.6000 Projection 1044.4750 Trendline 1087.0410 Trendline 1087.0410 Res 2 1159.6901 Ex-High 1125.1050 Res 1 1113.6451 Pivot 1079.0601 Sup 1 1033.0151 Ex-Low 1044.4750 Sup 2 998.4301 1113.8425 1099.5276 1053.2009 1038.8860   Warning: End of trend - Engulfing pattern MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month No comment! Key point 1074.3815 Entry point 1102.0505 Elliott 1226.5520 Closing 1081.6000 Projection 1027.9441 Trendline 1161.9973 Trendline 1097.4419 Res 2 1193.6659 Ex-High 1161.9969 Res 1 1137.6329 Pivot 1105.9640 Sup 1 1049.9310 Ex-Low 1074.2950 Sup 2 1018.2621 1169.5583 1143.5510 1059.3850 1033.3777   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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