Thread: RTFX TraderTip >> XAU-USD Analysis - Friday 03 July 2009

RTFX TraderTip >> XAU-USD Analysis - 3 Jul 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 : flat correction down 923.5000 Scenario for today While above 928.2351 - 923.6968 zone a corrective upmove could test 935.8351 or 938.8967. After which it should resume its downtrend. Key point 927.1350 Entry point 933.3065 Elliott 946.5900 Closing 929.8200 Projection 923.5000 Trendline 927.1161 Trendline 928.2250 Res 2 947.9733 Ex-High 941.8500 Res 1 938.8967 Pivot 932.7734 Sup 1 923.6968 Ex-Low 926.6500 Sup 2 917.5734 946.6364 942.0101 927.0380 922.4116   Warning: Harami WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 948.5700 Scenario for this week It should trade higher to 954.8033 or above 969.3567 in extention. Supports at 926.7400 and 919.4633. Stop loss below 898.6766 zone. Key point 933.7700 Entry point 923.5012 Elliott 913.2300 Closing 940.2500 Projection 948.5700 Trendline 932.8004 Trendline 932.8004 Res 2 969.3567 Ex-High 948.5700 Res 1 954.8033 Pivot 934.0167 Sup 1 919.4633 Ex-Low 913.2300 Sup 2 898.6766 956.6075 947.5802 918.3656 909.3383   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It looks more likely that it would rise to 973.4366 - 1020.3734 from 919.8650 or 896.3966. After which a downside move is expected. Key point 947.5050 Entry point 937.2668 Elliott 865.0000 Closing 926.5000 Projection 952.4285 Trendline 912.7977 Trendline 945.9600 Res 2 1020.3734 Ex-High 990.2700 Res 1 973.4366 Pivot 943.3333 Sup 1 896.3966 Ex-Low 913.2300 Sup 2 866.2933 983.6423 968.4302 919.2001 903.9880   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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