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RTFX TraderTip >> XAU-USD Analysis - Wednesday 24 June 2009
RTFX TraderTip >> XAU-USD Analysis - 24 Jun 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 : zigzag or flat correction 931.8751
Scenario for today
It should test 936.5399 area after which a sell off down to 916.8633 or extended to 908.0866 area is expected.
Key point
931.0901
Entry point
922.1614
Elliott
913.2300
Closing
925.6400
Projection
931.8751
Trendline
927.1324
Trendline
921.1000
Res 2
935.9267
Ex-High
927.1500
Res 1
930.7833
Pivot
922.0067
Sup 1
916.8633
Ex-Low
913.2300
Sup 2
908.0866
938.4827 934.8340
923.0260 919.3773
WEEKLY TECHNICAL ANALYSIS XAU-USD
Scenario
Technical points
Supports / Resistances
Channels & Oscillator
Elliott : flat correction down 912.8531
Scenario for this week
One more dip to 930.9000 - < s1> is likely followed by a grind higher to 944.1333.
Key point
916.9100
Entry point
922.3438
Elliott
990.2700
Closing
935.8000
Projection
912.8531
Trendline
936.6529
Trendline
921.1500
Res 2
952.4667
Ex-High
943.4000
Res 1
944.1333
Pivot
935.0667
Sup 1
926.7333
Ex-Low
926.0000
Sup 2
917.6666
945.4156 939.3253
919.6156 913.5253
MONTHLY TECHNICAL ANALYSIS XAU-USD
Scenario
Technical points
Supports / Resistances
Channels & Oscillator
Elliott : crucial reversal point
Scenario for this month
Current rise seems to be over near 979.5950 or 1012.6266 for a retracement towards 946.5633 - 929.6599 area.
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