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

 

USD/JPY Breaks Through Key Resistance To 7-Month Highs

Mystery virus poses a threat to the Chinese economy and the Phase One trade [...]

Posted on Wednesday, 22 Jan, 2020 / 12:35 under

Don’t fear the virus; BoC rate decision in sight

  BoC to stay on hold, but any hints of concern might elicit sharp [...]

Posted on Wednesday, 22 Jan, 2020 / 9:46 under

Pound Gains on Jobs Data, Awaits PMIs; BoC Decision in the Spotlight

Asian equities rebounded today after China’s National Health Commission [...]

Posted on Wednesday, 22 Jan, 2020 / 8:36 under