AceTrader 1-wk TRIAL
www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USDUpdate Time: 29 May 2009 14:30GMT
WEEKLY SPOT GOLD OUTLOOK - +980.00+
Last week's anticipated rally strongly suggests
correction fm 1006.20 (Feb 09') has ended earlier
at 864.40 n a daily close abv res at 967.00 wud
confirm n bring further gain to 980.00 n then twd
994.80, however, aforesaid top shud hold on 1st
testing due to o/bot condition.
Suggest to buy gold again on dips with stop as
indicated, break wud defer n risk stronger retrace.
twd 924.80 b4 up...
Rate: +980.00+
Strategy: +Target met+
Position: +Long at 952.00+
Objective: 980.00
Stop-Loss:
Resistance: 967.00/980.00/994.80
Support: 936.30/924.80/915.70
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Update Time: 29 May 2009 09:35GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0780+
As dlr has fallen after meeting renewed selling
at 1.0825, retaining our bearishness for decline to
resume twds 1.0770/75, however, loss of downward
momentum wud limit downside to 1.0740/45 n yield
rebound later.
Trade fm short side with stop now as indicated,
break wud risk 1.0865/70 b4 down...
Rate: +1.0780+
Strategy: +Target met+
Position: Short at 1.0820
Objective: 1.0780
Stop-Loss:
Resistance: 1.0871/1.0913/1.0954
Support: 1.0788/1.0740/1.0700
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Update Time: 29 May 2009 09:25GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6100+
Present firmness suggests recent upmove has
resumed n further gain to 1.6130/35 is likely,
however, o/bot condition shud cap price at 1.6185 n
bring a much-needed minor correction later.
Trade fm long side with stop as indicated,
break wud signal temp. top is made n bring retrace.
to 1.6016...
Rate: +1.6100+
Strategy: +Target met+
Position: Long at 1.6060
Objective: 1.6100
Stop-Loss:
Resistance: 1.6135/1.6185/1.6235
Support: 1.6016/1.5978/1.5918
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