Sunday, December 20, 2009

aud/usd gold

choppy trade.. .8915 resistance holding so far. .8811 support. lack of follow through to go higher so far.gold making a charge higher. support 1112. resistance 1121.57. buying interest so far are descent with no major sell-offs yet. looking at the daily and 4hr gold chart I have to be skeptical of the slight up-move at this point and believe to still be in a downtrend but he hourly appears strong.

1 comment:

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