RTFX TraderTip >> XAU-USD Analysis - Monday 08 February 2010

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RTFX TraderTip >> XAU-USD Analysis - 8 Feb 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 : correction zigzag 1075.2756 Scenario for today It should try higher up to 1068.3250 - 1076.2750. Entry point 1060.3750 or 1056.0375. After this rise, a correction is expected. Key point 1078.4374 Entry point 1061.4572 Elliott 1044.4750 Closing 1067.6000 Projection 1075.2756 Trendline 1072.7463 Trendline 1041.0226 Res 2 1084.9501 Ex-High 1069.0500 Res 1 1076.2750 Pivot 1060.3750 Sup 1 1051.7000 Ex-Low 1044.4750 Sup 2 1035.7999 1107.2831 1099.5198 1074.3956 1066.6322   WEEKLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1044.4750 Scenario for this week There is bearish potential for a fall to 1056.0376 - 1033.0151 while 1079.0601 - 1096.3525 resist. After this fall a recovery up to 1096.3525 or 1113.6451 is expected. Key point 1050.4099 Entry point 1087.7576 Elliott 1125.1050 Closing 1067.6000 Projection 1044.4750 Trendline 1087.0410 Trendline 1087.0410 Res 2 1159.6901 Ex-High 1125.1050 Res 1 1113.6451 Pivot 1079.0601 Sup 1 1033.0151 Ex-Low 1044.4750 Sup 2 998.4301 1125.1170 1106.4313 1045.9596 1027.2738   Warning: End of trend - Engulfing pattern MONTHLY TECHNICAL ANALYSIS XAU-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month No comment! Key point 1074.3815 Entry point 1102.0505 Elliott 1226.5520 Closing 1081.6000 Projection 1027.9441 Trendline 1161.9973 Trendline 1097.4419 Res 2 1193.6659 Ex-High 1161.9969 Res 1 1137.6329 Pivot 1105.9640 Sup 1 1049.9310 Ex-Low 1074.2950 Sup 2 1018.2621 1169.5583 1143.5510 1059.3850 1033.3777   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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