TECHNICAL's IN FOCUS
Gold:
Resistance Levels:
$ 1574.6 - $ 1566.6 - $ 1560.5Support Levels:
$ 1588.7- $ 1594.8 - $ 1602.8Strategy:
Sell on Strength
Short below $1586, targeting $1555. A break above $1586 may call for $1600.
Silver:
Resistance Levels:
$ 27.54 - $ 27.80 - $ 28.20
Support Levels:
$ 26.88 - $ 26.48 - $ 26.22
Strategy:
Sell on Strength
Sell below $27.50, targeting $26.30. A break above $27.50 will call for $28.25.
Crude Oil:
Resistance Levels:
$ 92.58 - $ 93.46 - $ 94.29
Support Levels:
$ 90.87 - $ 90.04 - $ 89.16
Strategy:
Buy on Dips
Long above $88.50, targeting $91.00. A fall below $88.50 will call for $85.70.
CURRENCIES:
AUDUSD :
Resistance Levels:
$ 1.0419 - $ 1.0456 - $ 1.0485
Support Levels:
$ 1.0353 - $ 1.0324 - $ 1.0287
Strategy:
Sell on Strength
GBPUSD :
Resistance Levels:
$ 1.5696- $ 1.5767 - $ 1.5809
Support Levels:
$ 1.5583 - $ 1.5541 - $ 1.5470
Strategy:
Sell on Strength
EURUSD :
Resistance Levels:
$ 1.2247 - $ 1.2335 - $ 1.2386
Support Levels:
$ 1.2108 - $ 1.2057 - $ 1.1969
Strategy:
Sell on Strength