Khamis, 13 Ogos 2009

Kemana Pergerakan Emas Seterusnya (14082009)

Pivot: 944.50

Our Preference: LONG positions @ 947 with targets @ 952.4 & 957.3.

Alternative scenario: The downside breakout of 944.5 will open the way to 940 & 932.5.

Comment: the immediate trend remains up and the momentum is strong.

Trend: ST Ltd upside; MT Bullish

Key levels Comment

962.5* Fib retracement (50%)
957.3*** Intraday resistance
952.4** Intraday resistance
951 Last
944.5*** Intraday pivot point
940** Intraday support
932.5*** Intraday support

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