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Monday, September 13, 2010

ForexTrade - Technical Gold - Midday Report September 13, 2010

Monday, September 13, 2010
ForexTrade - Technical Gold - Midday Report September 13, 2010Gold
Midday Report
 
The backlash that occurred from 1248.00 zones confirm the negative pressure of breaching the uptrend line that carried the short term upside wave from 1156.00 to 1162.00 zones. Thereby, our suggested head and shoulders formation is still in progress and we keep our bearish outlook for the rest of the day. A

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