Thread: RTFX TraderTip >> XAU-USD Analysis - Monday 11 May 2009

RTFX TraderTip >> XAU-USD Analysis - 11 May 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 : correction zigzag 910.4700 Scenario for today It should find support in 910.4601 - 907.3001 area for a rally to 928.1600. Unexpected fall below 899.0801 will dent this bullish view. Key point 915.9375 Entry point 916.5251 Elliott 925.5900 Closing 915.5200 Projection 906.9017 Trendline 919.9385 Trendline 914.2900 Res 2 928.1600 Ex-High 919.9400 Res 1 921.8401 Pivot 913.6201 Sup 1 907.3001 Ex-Low 905.4000 Sup 2 899.0801 923.3345 918.6290 903.4010 898.6955   WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 928.2214 Scenario for this week Currently uptrend should end around 920.5551 - 932.3567 area. A correction down to below 891.9167 is expected. A rise above 949.1934 will abort the expected correction. Key point 925.6700 Entry point 905.3742 Elliott 865.0000 Closing 915.5200 Projection 928.2214 Trendline 891.7385 Trendline 895.2250 Res 2 949.1934 Ex-High 925.5900 Res 1 932.3567 Pivot 908.7534 Sup 1 891.9167 Ex-Low 885.1500 Sup 2 868.3134 934.9823 925.6104 895.2806 885.9087   MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Current fall is near an end of wave around 857.8300 zone, a rally should then procede to above 926.0000. Fall below 827.3300 would cancel this scenario. Key point 918.0101 Entry point 903.6835 Elliott 1006.4700 Closing 888.3300 Projection 805.8549 Trendline 922.1177 Trendline 896.5200 Res 2 963.6700 Ex-High 933.1700 Res 1 926.0000 Pivot 895.5000 Sup 1 857.8300 Ex-Low 865.0000 Sup 2 827.3300 946.8788 929.3801 872.7501 855.2515   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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