Thread: RTFX TraderTip >> XAU-USD Analysis - Monday 22 March 2010

RTFX TraderTip >> XAU-USD Analysis - 22 Mar 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 1098.40 Scenario for today Market should not go lower than 1104.25 - 1096.60. After this move down it should go up to 1117.07 - 1122.25 area. Key point 1105.24 Entry point 1115.94 Elliott 1133.30 Closing 1106.95 Projection 1098.40 Trendline 1125.95 Trendline 1124.80 Res 2 1137.55 Ex-High 1127.20 Res 1 1122.25 Pivot 1111.90 Sup 1 1096.60 Ex-Low 1101.55 Sup 2 1086.25 1131.73 1126.47 1109.46 1104.20   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1096.71 Scenario for this week While below 1120.12 - 1126.38 it might drop to 1094.43 or 1081.92. Key point 1104.92 Entry point 1117.16 Elliott 1145.00 Closing 1106.95 Projection 1088.45 Trendline 1130.83 Trendline 1128.80 Res 2 1145.82 Ex-High 1133.30 Res 1 1126.38 Pivot 1113.87 Sup 1 1094.43 Ex-Low 1101.35 Sup 2 1081.92 1131.52 1124.12 1100.16 1092.76   Warning: Harami MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should be subject to more sell off towards 1080.74 or 1063.97. Corrective upward swings should face resistance around 1180.27 area. A break of 1184.08 is bullish. Key point 1152.33 Entry point 1098.40 Elliott 1044.47 Closing 1117.00 Projection 1157.00 Trendline 1106.51 Trendline 1100.10 Res 2 1184.08 Ex-High 1131.05 Res 1 1150.54 Pivot 1097.51 Sup 1 1063.97 Ex-Low 1044.47 Sup 2 1010.93 1158.61 1138.03 1071.44 1050.86   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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