Gold Retreats From All-Time Highs
The precious metal is trading soft on Monday right after prices touched a new [...]
Trading news
Trading Analysis - 28th March 2012
TECHNICAL's IN FOCUS
GOLD
Resistance Levels:
$ 1695.00 - $ 1705.10 - $ 1713.30
Support Levels:
$ 1676.70 - $1668.50 - $1658.40
Strategy:
Sell on Strength
(Short around 1685, target 1662.)
SILVER
Resistance Levels:
$ 33.04 - $ 33.47 - $ 33.75
Support Levels:
$ 32.33- $ 32.05 - $ 31.62
Strategy:
Sell on Strength
(Short at 32.75, target 32.10.)
CRUDE OIL
Resistance Levels:
$ 107.87 - $ 108.40 - $ 109.08
Support Levels:
$ 106.66 - $ 105.98 - $ 105.45
Strategy:
Sell on Strength
(Short @ 107.40, target 106.25)
(Note of Caution: U.S. Crude Oil inventories at 7.30, Durable Goods Order at 5.30 (GMT+5))
Wednesday, 28 Mar, 2012 / 5:29
Source : http://www.acmgold.com/news-analysis
Trading news
WTI Crude Oil Falls Back Into Consolidation
Oil prices have been somewhat volatile over the past few sessions. After [...]
GBPUSD Likely To Settle Inside The Range
The British pound sterling is also extending losses from last Friday. Just [...]
