XAUUSD - Daily technical Outlook (11:03 CET)

05 November 2009 @ 08:11 am EDT

The parity stopped its movement below 1100. We advise to draw the fibonacci retracement of the last bullish movement to see levels of supports (located at 1081 (23.60%)). A break out of 1098 will offer a new buy signal. We will still advise to trade only long positions as far as the price is above 1080.

http://www.tribuforex.fr/img_vrac_2/xauusd05112009.png

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