Trading news

Trading Analysis 10th September 2012

GOLD


Resistance Levels:
$ 1758.2 - $ 1778.9 - $ 1812.3

SUPPORT LEVELS:
$ 1704.1 - $ 1670.7 - $ 1650.0

STRATEGY:
Buy on Dips

Long above $1725; target $1742 and $1755. Break below $1725 may show $1710 and $1700.

U.S. Non Farm employment change @ & unemployment rate @ 1800 (GMT+5) hours.

Silver

Resistance Levels:
$ 34.3 - $ 34.9 - $ 36.1

SUPPORT LEVELS:
$ 32.5 - $ 31.3 - $ 30.7

STRATEGY:
Buy on Dips

Long above $32.90; target $34.50, and $35.00. A break below $32.90 may show $31.90.

Crude Oil

Resistance Levels:
$ 97.3 - $ 98.3 - $ 99.9

SUPPORT LEVELS:
$ 94.6 - $ 93.0 - $ 92.0

STRATEGY:
Buy on Dips

Long above $95.50; target 96.70 and $97.70.

AUD / USD

Resistance Levels:
$ 1.0438 - $ 1.0482 - $ 1.0563

SUPPORT LEVELS:
$ 1.0313 - $ 1.0232 - $ 1.0188

STRATEGY:
Neutral

GBP / USD :

Resistance Levels:
$ 1.5848 - $ 1.5995 - $ 1.6056

SUPPORT LEVELS:
$ 1.5840 - $ 1.5779 - $ 1.5732

STRATEGY:
Neutral

EURO / USD :

Resistance Levels:
$ 1.2649 - $ 1.2698 - $ 1.2772

SUPPORT LEVELS:
$ 1.2526 - $ 1.2452 - $ 1.2498

STRATEGY:
Neutral 

Monday, 10 Sep, 2012 / 5:09

Source : http://www.acmgold.com/news-analysis

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