Gold:
Resistance Levels:
$ 1593.8 - $ 1602.5 - $ 1615.9Support Levels:
$ 1571.7 - $ 1558.3 - $ 1549.6Strategy:
Sell on Strength
Sell below 1592 targeting 1530. A break above 1590 will call for 1621.
Consumer Confidence @ 1900 (GMT + 5)
Silver:
Resistance Levels:
$ 27.842 - $ 28.228 - $ 28.867
Support Levels:
$ 26.817 - $ 26.178 - $ 25.792
Strategy:
Buy on Dips
Buy above 26.50 targeting 28.20. A break below 26.50 will call for 25.00.
Crude Oil:
Resistance Levels:
$ 80.56 - $ 81.95 - $ 83.21
Support Levels:
$ 77.91 - $ 76.65 - $ 75.26
Strategy:
Buy on Dips
Buy above 78.50 targeting 81.20. A break below 78.50 will call for 76.50
CURRENCIES:
AUDUSD :
Resistance Levels:
$ 1.0051 - $ 1.0094 - $ 1.0135
Support Levels:
$ 0.9967 - $ 0.9926 - $ 0.9883
Strategy:
Buy on Dips
GBPUSD :
Resistance Levels:
$ 1.5597- $ 1.5623 - $ 1.5653
Support Levels:
$ 1.5541 - $ 1.5511 - $ 1.5485
Strategy:
Buy on Dips
Public Sector Net Borrowing @1330, Inflation Report Hearings @ 1400 (GMT + 5)
EURUSD :
Resistance Levels:
$ 1.2550 - $ 1.2598 - $ 1.2638
Support Levels:
$ 1.2462 - $ 1.2422 - $ 1.2374
Strategy:
Sell on Strength
Italian Retail Sales @ 1300 (GMT + 5)