Spot Gold

SPOT GOLD  closed @ 11085 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 1.5 Dollars from Precise Trader's Dly Level.   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 11230 holds and Daily Trend is Sideways Down while 11405 holds, so expect the price to be Choppy and Downside may be limited.  The  Daily Trend Plunged but  the Bears gave up mildly  towards the close . The  Hourly Trend  has  been in a Range Trading  with a limited  Downside  Bias , 11115-11230  are the critical  levels to watch to maintain the Bearish  Outlook . On the 5 min is along the Horizontal  Channel and the Patterns are suggesting a Choppy Session  with  a potential to Bottom soon. The Opening Price Principles  are mixed  so Cautious approach is needed  until the break.

BULLS:   11035   10975   10905       BEARS:   11125   11195   11265

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.       

Aggressive Traders :  SHORT near   11135   11190   with a tight stop and   6-8 pts   price targets.

NZDUSD

NZDUSD closed @ 7085 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 2.   The Hourly Oscillators are Bearish and the price is Within the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways Down while 7170 holds and Daily Trend is Turning Down while 7205 holds, so expect the price  to be Choppy with a Downside bias.   The  Daily Trend Plunged but  the Bears gave up mildly  towards the close . The  Hourly Trend  has  been in a Range Trading  with a limited  Downside  Bias , 7125-70  are the critical  levels to watch to maintain the Bearish  Outlook . On the 5 min is along the gradual Down  Channel and the Patterns are suggesting a Choppy Session  with  a potential to Bottom soon for some Pullback. The Opening Price Principles  are mixed  so Cautious approach is needed  until the break.

BULLS:   7030   6980   6925       BEARS:   7110   7145   7190

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.       

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

USDSGD

USDSGD closed @ 13985 which was ABOVE the open and breached the previous day's high.  The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 15 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the price is Above the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 13930 holds and Daily Trend is also Sideways while 14075 holds, so expect the price to be Choppy and Upside may be limited.  The Daily Trend breached  the  prior day's High  with the  Bulls holding their gains till the close. The  Hourly Trend has been in a Range Trading with a limited Upside Bias , 13950-00  are the critical  levels to watch to maintain  the Bullish Outlook .  On the 5 min is along the gradual Up Channel  and  the Patterns are suggesting Choppy Session with a potential to test  higher . The Opening Price Principles are mixed so Cautious approach is needed until the break.

BULLS:   13950   13920   13840       BEARS:   14025   14075   14130

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.       

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only