TECHNICAL's IN FOCUS
GOLD
Resistance Levels:
$ 1771.30 - $ 1784.00 - $ 1806.20
Support Levels:
$ 1736.40 - $1714.20 - $1701.50
Strategy: Buy on Dips
(Buy positions above 1751 with targets @ 1762 & 1771. If market doesn’t break 1766, it may come down to 1751 and 1742.)
SILVER
Resistance Levels:
$ 34.82 - $ 35.21 - $ 35.96
Support Levels:
$ 33.68- $ 32.93 - $ 32.54
Strategy: Buy on Dips
(Buy positions above 33.40 with targets @ 34.45 & 34.95.If silver doesn’t break 34.50, market may come down to 33.60.)
CRUDE OIL
Resistance Levels:
$ 106.95 - $ 107.65 - $ 108.52
Support Levels:
$ 105.08 - $ 103.91 - $ 103.21
Strategy: Buy on Dips
(Buy above 104.40, first target 105.45, then 106.50. downside breakout below 103.85, market may come down to 102.30.)