TECHNICAL's IN FOCUS
Gold:
Resistance Levels:
$ 1737.80 - $ 1748.90 - $ 1766.30
Support Levels:
$ 1709.30 - $1691.90 - $1680.80
Strategy:
Buy on Weakness
(Market may test its support level around 1700 but if it break its support and sustain below will lead to 1680 level. Buy positions above 1703-1709 with 1730 & 1738 in sight. The downside penetration of 1703 will call for 1690 & 1680.)
Silver:
Resistance Levels:
$ 34.03 - $ 34.32 - $ 34.85
Support Levels:
$ 33.22 - $ 32.69 - $ 32.40
Strategy:
Buy on Weakness
Crude Oil:
Resistance Levels:
$ 100.98 - $ 102.27 - $ 103.14
Support Levels:
$ 98.82 - $ 97.95 - $ 96.66
Strategy:
Buy on Weakness
(Buy positions above 99.20-99.30 with 101.35 & 101.75 as next targets. The downside breakout of 99 will open the way to 98.25 & 97.5.)