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
-
Gold, Iran & Oil
by Ashraf Laidi | Feb 19, 2026 16:40
-
Trade Already in Profit
by Ashraf Laidi | Feb 17, 2026 18:16
-
I will go LIVE in 10 mins
by Ashraf Laidi | Feb 16, 2026 21:49
-
3 Stocks Against Nasdaq
by Ashraf Laidi | Feb 13, 2026 17:46
-
Revisiting Gold Bugs Ratio
by Ashraf Laidi | Feb 13, 2026 11:10
