Gold:
Resistance Levels:
$ 1595.1 - $ 1602.6 - $ 1612.2
Support Levels:
$ 1578.0 - $ 1568.4 - $ 1560.9
Strategy:
Sell on Strength
IBD/TIPP Economic Optimism @ 1900 (GMT + 5)
Short below $1592.97 targeting $1571.00. A break above $1592.97 will call for $1609.00.
Silver:
Resistance Levels:
$ 27.567 - $ 28.828 - $ 28.177
Support Levels:
$ 26.957 - $ 26.608 - $ 26.347
Strategy:
Sell on Strength
Short below $27.50 targeting $26.67. A break above $27.50 will call for $28.40.
Crude Oil:
Resistance Levels:
$ 86.81 - $ 87.89 - $ 89.29
Support Levels:
$ 84.33 - $ 82.93 - $ 81.85
Strategy:
Sell on Strength
Short below $86.41 targeting $83.20. A break above $86.41 will call for $88.30.
CURRENCIES:
AUDUSD :
Resistance Levels:
$ 1.0227 - $ 1.0248 - $ 1.0285
Support Levels:
$ 1.0169 - $ 1.0132 - $ 1.0111
Strategy:
Sell on Strength
GBPUSD :
Resistance Levels:
$ 1.5549- $ 1.5574 - $ 1.5613
Support Levels:
$ 1.5485 - $ 1.5446 - $ 1.5421
Strategy:
Sell on Strength
Manufacturing Production @ 1330, Trade Balance @ 1330, NIESR GDP Estimate @ 1900 (GMT + 5)
EURUSD :
Resistance Levels:
$ 1.2339 - $ 1.2366 - $ 1.2408
Support Levels:
$ 1.2270 - $ 1.2228 - $ 1.2201
Strategy:
Sell on Strength
French Industrial Production @ 1145, Italian Industrial Production @ 1300, ECOFIN Meetings ALL DAY (GMT + 5)