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
-
Is that it for Oil?
by Ashraf Laidi | Mar 9, 2026 13:27
-
Oil Metrics & Gold Risks
by Ashraf Laidi | Mar 6, 2026 20:39
-
Oil Inflection 77, 78
by Ashraf Laidi | Mar 5, 2026 12:02
-
Gold Daily, Weekly & GoldBugs
by Ashraf Laidi | Mar 4, 2026 16:35
-
Gold and Silver Repeat June 13 Playbook
by Ashraf Laidi | Mar 3, 2026 13:35
