RTFX TraderTip >> XAU-USD Analysis - Monday 14 June 2010

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RTFX TraderTip >> XAU-USD Analysis - 14 Jun 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 1218.09 Scenario for today If market stays below 1228.78 a fall to 1218.47 is expected. If market breaks the point 1232.97 it could reach the sky. Key point 1228.07 Entry point 1225.18 Elliott 1252.20 Closing 1226.85 Projection 1218.09 Trendline 1226.58 Trendline 1226.12 Res 2 1239.08 Ex-High 1230.70 Res 1 1232.97 Pivot 1224.58 Sup 1 1218.47 Ex-Low 1216.20 Sup 2 1210.08 1242.86 1237.93 1221.98 1217.05   Warning: Harami WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1243.36 Scenario for this week Resistances lie around 1239.52 and 1249.13. It should test lower towards 1207.63 zone. A clear break of 1217.65 would be bearish. Key point 1229.37 Entry point 1225.47 Elliott 1166.05 Closing 1226.85 Projection 1249.45 Trendline 1216.45 Trendline 1227.15 Res 2 1271.42 Ex-High 1252.20 Res 1 1249.13 Pivot 1229.92 Sup 1 1207.63 Ex-Low 1210.70 Sup 2 1188.42 1254.33 1244.71 1213.59 1203.97   Warning: End of trend MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Strength can extend to 1232.85 or 1258.22 as declines are expected to find support at 1207.48 or 1186.50. A fall below 1165.52 could turn it bearish. Key point 1239.68 Entry point 1209.97 Elliott 1044.47 Closing 1216.25 Projection 1339.08 Trendline 1164.11 Trendline 1201.85 Res 2 1300.18 Ex-High 1249.45 Res 1 1258.22 Pivot 1207.48 Sup 1 1165.52 Ex-Low 1156.75 Sup 2 1114.78 1273.67 1250.82 1176.88 1154.03   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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