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Trading Analysis - 23rd February 2012

ACM Gold and Forex Trading (PTY) Ltd

Gold:
Resistance Levels:
$ 1786.20 - $ 1801.2 - $ 1818.90

Support Levels:
$ 1753.50 - $1735.80 - $1720.80
Strategy:
Buy on Dips

(Buy positions above 1762 with targets @ 1795.5. A fall below 1762 will call for 1746.)

Silver:
Resistance Levels:
$ 34.53 - $ 34.81 - $ 35.13

Support Levels:
$ 33.34- $ 33.62 - $ 33.94

Strategy:
Buy on Dips

(Buy positions above 33.82 with targets @ 35.04. a fall below 33.82 will call for 33.03.)

Crude Oil:
Resistance Levels:
$ 106.80 - $ 107.31 - $ 107.91

Support Levels:
$ 104.58 - $ 105.09 - $ 105.69

Strategy:
Buy on Dips

(Buy above 104.40 targeting 107.78. a fall below 102.40 will call for 101.32.)

Source: https://www.acmgold.com/news-analysis
Disclaimer
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