Forex & Gold Daily Forecast

FREE FOREX MEMBERSHIP CLUB RELEASES FREE FOREX SIGNALING BY EMAIL!!! EUR/USD, GBP/USD ONLY (H4 TREND - LIVE AND REAL-TIME NOTIFICATION) PLEASE CHECK IT OUT AT http://groups.google.com/group/free-forex-membership-club http://freefxmembership.herobo.com  (Free Forex Membership Service) http://www.worldwidemarketing.net16.net   (Worldwide Marketing Service) http://000freewebhosting.netne.net  (100% Free Web Hosting / Free domain / Free web builder - FOR LIFE) LIVE GBP-USD TRADING ACCOUNT SINCE 7 SEPTEMBER, 2011 > http://www.myfxbook.com/members/kecjung/gbp-usd/166768  SEE HOW MUCH IT'S GROWING EVERYDAY!!!! IF YOU WOULD LIKE TO HAVE THIS FOREX TRADING SYSTEM FOR FREE, DON'T HESITATE TO CONTACT US BY EMAIL AT worldwide.marketing.service(a)gmail.com BELOW INFORMATION IS ONLY FOR GOOGLE GROUPS MEMBERS' SHARING ONLY!! DAILY FOREX & GOLD FORECAST FROM GO MARKETS DAILY (QUOTES) FOR 18 OCT, 2011 EUR/USD GBP/USD USD/JPY EUR/JPY GOLD EUR/USD intraday: consolidation in place. Pivot: 1.3835 Our preference: Short positions below 1.3835 with targets @ 1.3685 & 1.3615 in extension. Alternative scenario: Above 1.3835 look for further upside with 1.39 & 1.394 as targets. Comment: the pair has broken below a rising trend line and should face further weakness as the RSI is badly directed. GBP/USD intraday: under pressure. Pivot: 1.5825 Our preference: Short positions below 1.5825 with targets @ 1.572 & 1.567 in extension. Alternative scenario: Above 1.5825 look for further upside with 1.5855 & 1.591 as targets. Comment: the RSI is bearish and calls for further downside. USD/JPY intraday: under pressure. Pivot: 77 Our preference: Short positions below 77 with targets @ 76.6 & 76.4 in extension. Alternative scenario: Above 77 look for further upside with 77.2 & 77.5 as targets. Comment: as long as the resistance at 77 is not surpassed, the risk of the break below 76.6 remains high. EUR/JPY intraday: under pressure. Pivot: 106.5 Our preference: Short positions below 106.5 with targets @ 105.1 & 104.4 in extension. Alternative scenario: Above 106.5 look for further upside with 107.1 & 107.7 as targets. Comment: the RSI broke below a bullish trend line. GOLD (Spot) intraday: rebound expected. Pivot: 1660.00 Our Preference: LONG positions above 1660 with targets @ 1684 & 1695. Alternative scenario: The downside penetration of 1660 will call for a slide towards 1654 & 1646. Comment: the RSI has just landed on a support around 30% and is reversing up.

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