Trading news

Trading Analysis 28th August 2012

GOLD
Resistance Levels:
$ 1675.0 - $ 1684.1 - $ 1688.8

SUPPORT LEVELS:
$ 1661.2 - $ 1656.5 - $ 1647.4

STRATEGY:
Sell on Strength

Short below $1667; target $1652 and $1643.A break above $1667 may show $1676 and $1680


Silver
Resistance Levels:
$ 31.07 - $ 31.47 - $ 31.72

SUPPORT LEVELS:
$ 30.43 - $ 30.18 - $ 29.78

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:
$ 97.47 - $ 99.25 - $ 100.78

SUPPORT LEVELS:
$ 94.16 - $ 92.63 - $ 90.85

STRATEGY:
Sell on Strength

Short below $96.00; target $94.00.


AUD / USD
Resistance Levels:
$ 1.0407 - $ 1.0447 - $ 1.0467

SUPPORT LEVELS:
$ 1.0347 - $ 1.0327 - $ 1.0287

STRATEGY:
Sell on Strength 


GBP / USD :
Resistance Levels:
$ 1.5817 - $ 1.5842 - $ 1.5855

SUPPORT LEVELS:
$ 1.5779 - $ 1.5776 - $ 1.5741

STRATEGY:
Sell on Strength 


EURO / USD :
Resistance Levels:
$ 1.2526 - $ 1.2553 - $ 1.2571

SUPPORT LEVELS:
$ 1.2481 - $ 1.2463 - $ 1.2436

STRATEGY:
Sell on Strength 

Tuesday, 28 Aug, 2012 / 4:54

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

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