RTFX TraderTip >> XAU-USD Analysis - Monday 30 November 2009

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RTFX TraderTip >> XAU-USD Analysis - 30 Nov 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 1162.7749 Scenario for today It should test 1201.8501 area after which a sell off down to 1145.8500 or extended to 1090.8999 area is expected. Key point 1189.6251 Entry point 1190.1643 Elliott 1195.3500 Closing 1177.4000 Projection 1155.0873 Trendline 1192.6481 Trendline 1189.9501 Res 2 1224.2001 Ex-High 1192.6500 Res 1 1200.8000 Pivot 1169.2500 Sup 1 1145.8500 Ex-Low 1137.7000 Sup 2 1114.2999 1196.8855 1188.4995 1161.3604 1152.9744   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in an extended wave up 1162.8646 Scenario for this week While below 1186.3749 - 1202.5999 it is more likely to fall further towards 1157.5498 or 1144.9498. Premature rise above 1202.5999 could see it rising above 1227.7999 zone. Key point 1193.2969 Entry point 1175.0631 Elliott 1026.7500 Closing 1177.4000 Projection 1213.3459 Trendline 1153.5945 Trendline 1169.6832 Res 2 1227.7999 Ex-High 1195.3500 Res 1 1202.5999 Pivot 1170.1499 Sup 1 1144.9498 Ex-Low 1137.7000 Sup 2 1112.4999 1206.9419 1193.5815 1150.3442 1136.9839   Warning: End of trend - Imminent end of bullish move MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Strength can extend to 1058.1750 or 1082.0000 as declines are expected to find support at 1034.3500 or 1016.1249. A fall below 997.8999 could turn it bearish. Key point 1096.8000 Entry point 1041.4863 Elliott 905.1800 Closing 1045.5500 Projection 1265.6213 Trendline 987.1402 Trendline 1026.8000 Res 2 1118.4500 Ex-High 1070.8000 Res 1 1082.0000 Pivot 1034.3500 Sup 1 997.8999 Ex-Low 986.7000 Sup 2 950.2499 1169.7999 1133.0752 1014.2251 977.5004   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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