Intraday Market Thoughts
Archived IMT (2010.07.09)
by
Jul 9, 2010 16:45
WEEKLY GOLD may appear to show a bullish candle, but due to the lack of a confirmed downtrend, the effectiveness of the candle is in doubt. A clearer formation is the weekly stochastics, which suggest 1155-60 is the next prelim target for the month. Such downside move in gold would most likely be associated with persistent EUR resilience. Expecting a shorter-term bounce to 1220-30 before a subsequent pullback.
Latest IMTs
-
Fed can Hike next Week
by Ashraf Laidi | Jul 24, 2026 13:22
-
Nasdaq Beware
by Ashraf Laidi | Jul 17, 2026 11:46
-
Intraday Gold Fibonacci
by Ashraf Laidi | Jul 16, 2026 13:19
-
Updating GoldBugs Ratio
by Ashraf Laidi | Jul 12, 2026 23:55
-
4 out of 4 Success Model
by Ashraf Laidi | Jul 10, 2026 10:10
