Muted jubilation as Evergrande makes debt payment
Relief as Evergrande averts default but China’s property [...]
Trading news
Trading Analysis - 15th February 2012
GOLD:
Resistance Levels:
$ 1727.10 - $ 1736.60 - $ 1743.20
Support Levels:
$ 1711.00 - $1704.40 - $1694.90
Strategy:
Buy on Dips
(Buy above $1712 targeting $1738. A fall below $1712 will call for $1702.75)
SILVER:
Resistance Levels:
$ 33.71 - $ 34.07 - $ 34.30
Support Levels:
$ 33.12- $ 32.89 - $ 32.53
Strategy:
Buy on Dips
(Buy above $32.92 targeting 34.10. A fall below $32.92 will call for $31.57)
CRUDE OIL:
Resistance Levels:
$ 101.63 - $ 102.51 - $ 103.19
Support Levels:
$ 100.07 - $ 99.39 - $ 98.51
Strategy:
Buy on Dips
(Buy above $99.80 targeting $102.42. A fall below $99.80 will call for $97.45)
Wednesday, 15 Feb, 2012 / 5:25
Source : http://www.acmgold.com/news-analysis
Trading news
U.S companies achieved their third quarter profit target
More than 85% of S&P 500 companies beat expectations in the third quarter. [...]
Evergrande jitters return, yen climbs, dollar steady
Evergrande shares plunge after sale of unit falls through, mood [...]
