Intraday Market Thoughts

Archived IMT (2009.04.20)

by Ashraf Laidi
Apr 20, 2009 15:59

Both gold and silver are are up sharply despite a stronger USD as stocks losses intensify, prompting sector rotation away from financials into metals. Silver eyes 200-day MA of 12.33, 12.90. Gold eyes 910. Subscribers of my twitter page obtained favourable updates on Friday afternoon, pointing out the bullish Divergence in RSI and Williams % . Today's CADJPY Hot-Chart Strategy is 70 pips in the money.


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