Trading news

Trading Analysis 27th August 2012

GOLD
Resistance Levels:
$ 1678.1 - $ 1682.8 - $ 1689.3

SUPPORT LEVELS:
$ 1666.9 - $ 1660.4 - $ 1655.7

STRATEGY:
Buy on Dips

Long above $1664; target $1680 and $1690.A fall below $1664 may show $1654 and $ 1650.

 

Silver
Resistance Levels:
$ 30.9 - $ 31.1 - $ 31.5

SUPPORT LEVELS:
$ 30.3 - $ 29.9 - $ 29.7

STRATEGY:
Buy on Dips

Long above $30.4, target $31.50 and $32.55. A fall below $30.40 may show $29.94. 

 

Crude Oil
Resistance Levels:
$ 97.1 - $ 97.9 - $ 98.8

SUPPORT LEVELS:
$ 95.3 - $ 94.5 - $ 93.5

STRATEGY:
Buy on Dips

Long above $95.60 - $95.80; target $97.70 and $98.80, put stop loss below $95.30. 

 

AUD / USD
Resistance Levels:
$ 1.0442 - $ 1.0477 - $ 1.0511

SUPPORT LEVELS:
$ 1.0373 - $ 1.0339 - $ 1.0304

STRATEGY:
Sell on Strength 

 

GBP / USD :
Resistance Levels:
$ 1.5848 - $ 1.5892 - $ 1.5915

SUPPORT LEVELS:
$ 1.5781 - $ 1.5758 - $ 1.5714

STRATEGY:
Sell on Strength 

 

EURO / USD :
Resistance Levels:
$ 1.2559 - $ 1.2606 - $ 1.2645

SUPPORT LEVELS:
$ 1.2473 - $ 1.2434 - $ 1.2387

STRATEGY:
Sell on Strength 

Monday, 27 Aug, 2012 / 3:43

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

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