Trading news

Trading Analysis 17th September 2012

GOLD
Resistance Levels:
$ 1779.4 - $ 1786.0 - $ 1791.9

SUPPORT LEVELS:
$ 1766.9 - $ 1761.0 - $ 1754.4

STRATEGY:
Buy on Dips

Long above $1768; target $1785 and $1790. A break below $1768 may call for $1758 and $1750.

Silver
Resistance Levels:
$ 34.98 - $ 35.31 - $ 35.65

SUPPORT LEVELS:
$ 34.32 - $ 33.98 - $ 33.65

STRATEGY:
Buy on Dips

 

Long above $34.30; target $34.90, and $35.40. A break below $34.30 will call for $33.90 and $33.50.

Crude Oil
Resistance Levels:
$ 100.2 - $ 101.5 - $ 102.7

SUPPORT LEVELS:
$ 97.8 - $ 96.7 - $ 95.4

STRATEGY:
Buy on Dips

Long above $98; target $99.50, $100, $101.50. A break below $98 may call for $97.20, $96.60.

EURO / USD :
Resistance Levels:
$ 1.3205 - $ 1.3281 - $ 1.3394

SUPPORT LEVELS:
$ 1.3016 - $ 1.2903 - $ 1.2827

STRATEGY:
Neutral

GBP / USD :
Resistance Levels:
$ 1.6269 - $ 1.6317 - $ 1.6380

SUPPORT LEVELS:
$ 1.6158 - $ 1.6095 - $ 1.6047

STRATEGY:
Neutral

AUD / USD
Resistance Levels:
$ 1.0607 - $ 1.0662 - $ 1.0701

SUPPORT LEVELS:
$ 1.0513 - $ 1.0474 - $ 1.0419

STRATEGY:
Neutral 

Monday, 17 Sep, 2012 / 4:37

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

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