Dollar Rebounds On G20 Summit And Falling Yields
The US dollar was seen posting some moderate gains on Tuesday. This marks the [...]
Trading news
Trading Analysis - 12th March 2012
TECHNICAL's IN FOCUS
Gold:
Resistance Levels:
$ 1726.30 - $ 1741.20 - $ 1765.80
Support Levels:
$ 1686.80 - $1662.20 - $1647.30
Strategy:
Buy on Dips
(Buy above 1692, targeting 1714 & 1726. A fall below 1692 will call for 1676 & 1662).
Silver:
Resistance Levels:
$ 34.72 - $ 35.23 - $ 36.02
Support Levels:
$ 33.42- $ 32.63 - $ 32.12
Strategy:
Buy on Dips
(Buy above 33.05 targeting 34.40 & 35.20. A fall below 33.05 will call for 32.50).
Crude Oil:
Resistance Levels:
$ 108.36 - $ 109.31 - $ 110.43
Support Levels:
$ 106.29 - $ 105.17 - $ 104.22
Strategy:
Buy on Dips
(Buy above 105.80, targeting 108.20 &109.20. A fall below 105.80 will call for 105.40 & 104.40).
Monday, 12 Mar, 2012 / 6:45
Source : http://www.acmgold.com/news-analysis
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