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Gives You A Trading Decision Edge

FXTechstrategy

Commodity Technical Strategy
Tuesday 04 Dec’13

Highlights:
GOLD: Triggers Recovery But With Caution.

12/04/2013

Commodity Technical
Research
www.fxtechstrategy.com

1
FXTechstrategy

Commodity Technical Strategy

Direction

Short Term

Medium Term

Long Term

GOLD

Bearish

Bearish

Bearish

GOLD
Support

1,200.00
1,180.00
1,150.10

Resistance

1,254.00
1,300.00
1,350.00

12/04/2013

2
FXTechstrategy
GOLD

Commodity Technical Strategy

F

GOLD: Triggers Recovery But With
Caution.
GOLD: Although GOLD is seen recovering
higher, its broader medium term
downside remains intact. This suggests
that the mentioned recovery is
temporary with an eventual return to the
1,211.65 level expected. A cut through
here will aim at the 1,200.00 level with a
turn below here calling for a retake of the
1,180.00 level. Further down, support
resides at the 1,150.00 level with a turn
below here shifting attention to the
1,100.00 level. Conversely, a follow
through higher on its recovery will set
the stage for a run at the 1,254.68 level.
A breach will target the 1,300.00 level
followed by the 1,350.00 level and
possibly higher towards the 1,399.79
level. All in all, GOLD remains biased
to the downside medium term
despite its recovery attempts.

12/04/2013

3
FXTechstrategy

Commodity Technical Strategy

About Fxtechstrategy & More…..
Whether you are an intra-day, a swing or a position trader, FXTechstrategy offers you exceptional
forex research with technical analysis expertise that makes trading decisions easy and painless.
FXTechstrategy co-won Best Technical Analysis (forex best awards) by fxstreet in 2011 and was
finalists, Star Awards by traderplanet in 2011 & 2012.
Do you find it tedious and challenging to analyze currencies each time you prepare to trade? Not
anymore, we help you overcome this by providing you easy-to-use and high-quality forex research
and tools to help you quickly and easily make better trading decisions and improve your
trading results.

Here's Everything We Offer
PRO Plan - PRO plan is produced and delivered daily by email and covers (7 currency pairs) EURUSD,
GBPUSD, USDJPY, AUDUSD, USDCAD, EURGBP and EURJPY. It is a Simple Analysis That Offers You ClearCut & Efficient Levels To Trade.
Basic Plan - Basic plan covers 4 currency pairs which include EURUSD, GBPUSD, USDJPY and EURGBP and
is produced and delivered by email daily. Simple Analysis That Offers You Clear-Cut & Efficient Levels To
Trade.
Extra Value Plan - Extra Value plan is a combination of The Professional Suite (7 currency pairs) and the
Commodity Technical Suite (GOLD, CRUDE OIL, SILVER, WHEAT & CORN). The commodity technical plus is
produced and delivered on Mondays & Wednesdays.
Commodity Plan - Commodity Technical plan focuses on the commodity market analyzing 5 commodities
twice a week: Mondays & Wednesdays. The commodities covered are GOLD, CRUDE OIL, SILVER, and
WHEAT & CORN.
4
FXTechstrategy

FXT Technical Strategist
Plus

Disclaimer

f

This report is prepared solely for information and data purposes. Opinions, estimates and projections
contained herein are those of FXTechstrategy.com own as of the date hereof and are subject to change
without notice. The information and opinions contained herein have been compiled or arrived at from
sources believed to be reliable but no representation or warranty, express or implied, is made as to their
accuracy or completeness and neither the information nor the forecast shall be taken as a representation for
which FXTechstrategy.com incurs any responsibility. FXTstrategy.com does not accept any liability
whatsoever for any loss arising from any use of this report or its contents. This report is not construed as an
offer to sell or solicitation of any offer to buy any of the currencies referred to in this report. Click here for
full disclaimer

12/04/2013

5
FXTechstrategy

FXT Technical Strategist
Plus

Disclaimer

f

This report is prepared solely for information and data purposes. Opinions, estimates and projections
contained herein are those of FXTechstrategy.com own as of the date hereof and are subject to change
without notice. The information and opinions contained herein have been compiled or arrived at from
sources believed to be reliable but no representation or warranty, express or implied, is made as to their
accuracy or completeness and neither the information nor the forecast shall be taken as a representation for
which FXTechstrategy.com incurs any responsibility. FXTstrategy.com does not accept any liability
whatsoever for any loss arising from any use of this report or its contents. This report is not construed as an
offer to sell or solicitation of any offer to buy any of the currencies referred to in this report. Click here for
full disclaimer

12/04/2013

5

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Commodity Technical Strategy 05 12 13

  • 1. Gives You A Trading Decision Edge FXTechstrategy Commodity Technical Strategy Tuesday 04 Dec’13 Highlights: GOLD: Triggers Recovery But With Caution. 12/04/2013 Commodity Technical Research www.fxtechstrategy.com 1
  • 2. FXTechstrategy Commodity Technical Strategy Direction Short Term Medium Term Long Term GOLD Bearish Bearish Bearish GOLD Support 1,200.00 1,180.00 1,150.10 Resistance 1,254.00 1,300.00 1,350.00 12/04/2013 2
  • 3. FXTechstrategy GOLD Commodity Technical Strategy F GOLD: Triggers Recovery But With Caution. GOLD: Although GOLD is seen recovering higher, its broader medium term downside remains intact. This suggests that the mentioned recovery is temporary with an eventual return to the 1,211.65 level expected. A cut through here will aim at the 1,200.00 level with a turn below here calling for a retake of the 1,180.00 level. Further down, support resides at the 1,150.00 level with a turn below here shifting attention to the 1,100.00 level. Conversely, a follow through higher on its recovery will set the stage for a run at the 1,254.68 level. A breach will target the 1,300.00 level followed by the 1,350.00 level and possibly higher towards the 1,399.79 level. All in all, GOLD remains biased to the downside medium term despite its recovery attempts. 12/04/2013 3
  • 4. FXTechstrategy Commodity Technical Strategy About Fxtechstrategy & More….. Whether you are an intra-day, a swing or a position trader, FXTechstrategy offers you exceptional forex research with technical analysis expertise that makes trading decisions easy and painless. FXTechstrategy co-won Best Technical Analysis (forex best awards) by fxstreet in 2011 and was finalists, Star Awards by traderplanet in 2011 & 2012. Do you find it tedious and challenging to analyze currencies each time you prepare to trade? Not anymore, we help you overcome this by providing you easy-to-use and high-quality forex research and tools to help you quickly and easily make better trading decisions and improve your trading results. Here's Everything We Offer PRO Plan - PRO plan is produced and delivered daily by email and covers (7 currency pairs) EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, EURGBP and EURJPY. It is a Simple Analysis That Offers You ClearCut & Efficient Levels To Trade. Basic Plan - Basic plan covers 4 currency pairs which include EURUSD, GBPUSD, USDJPY and EURGBP and is produced and delivered by email daily. Simple Analysis That Offers You Clear-Cut & Efficient Levels To Trade. Extra Value Plan - Extra Value plan is a combination of The Professional Suite (7 currency pairs) and the Commodity Technical Suite (GOLD, CRUDE OIL, SILVER, WHEAT & CORN). The commodity technical plus is produced and delivered on Mondays & Wednesdays. Commodity Plan - Commodity Technical plan focuses on the commodity market analyzing 5 commodities twice a week: Mondays & Wednesdays. The commodities covered are GOLD, CRUDE OIL, SILVER, and WHEAT & CORN. 4
  • 5. FXTechstrategy FXT Technical Strategist Plus Disclaimer f This report is prepared solely for information and data purposes. Opinions, estimates and projections contained herein are those of FXTechstrategy.com own as of the date hereof and are subject to change without notice. The information and opinions contained herein have been compiled or arrived at from sources believed to be reliable but no representation or warranty, express or implied, is made as to their accuracy or completeness and neither the information nor the forecast shall be taken as a representation for which FXTechstrategy.com incurs any responsibility. FXTstrategy.com does not accept any liability whatsoever for any loss arising from any use of this report or its contents. This report is not construed as an offer to sell or solicitation of any offer to buy any of the currencies referred to in this report. Click here for full disclaimer 12/04/2013 5
  • 6. FXTechstrategy FXT Technical Strategist Plus Disclaimer f This report is prepared solely for information and data purposes. Opinions, estimates and projections contained herein are those of FXTechstrategy.com own as of the date hereof and are subject to change without notice. The information and opinions contained herein have been compiled or arrived at from sources believed to be reliable but no representation or warranty, express or implied, is made as to their accuracy or completeness and neither the information nor the forecast shall be taken as a representation for which FXTechstrategy.com incurs any responsibility. FXTstrategy.com does not accept any liability whatsoever for any loss arising from any use of this report or its contents. This report is not construed as an offer to sell or solicitation of any offer to buy any of the currencies referred to in this report. Click here for full disclaimer 12/04/2013 5