Gold:
Resistance Levels:
$ 1572.1 - $ 1591.9 - $ 1604.1Support Levels:
$ 1540.1 - $ 1527.9 - $ 1508.1Strategy:
Sell on Strength
Sell below 1575 targeting 1530. A break above 1575 will call for 1602.
Core PCE Price Index @ 1730, Personal Spending @1730, Chicago PMI @ 1845, UoM Consumer Sentiment @ 1855 (GMT + 5)
Silver:
Resistance Levels:
$ 26.860 - $ 27.460 - $ 27.855
Support Levels:
$ 25.865 - $ 25.470 - $ 24.870
Strategy:
Sell on Strength
Buy above 26.20 targeting 27.80. A break below 26.20 will call for 25.00.
Crude Oil:
Resistance Levels:
$ 81.40 - $ 82.28 - $ 83.64
Support Levels:
$ 79.16 - $ 77.80 - $ 76.92
Strategy:
Sell on Strength
Sell below 81.00 targeting 77.00. A break above 81.00 will call for 83.00.
CURRENCIES:
AUDUSD :
Resistance Levels:
$ 1.0116 - $ 1.0186 - $ 1.0247
Support Levels:
$ 0.9985 - $ 0.9924 - $ 0.9854
Strategy:
Buy on Dips
GBPUSD :
Resistance Levels:
$ 1.5599- $ 1.5680 - $ 1.5738
Support Levels:
$ 1.5460 - $ 1.5402 - $ 1.5321
Strategy:
Sell on Strength
BOE Gov King speaks @1430, BOE Financial Stability Report @ 1430(GMT + 5)
EURUSD :
Resistance Levels:
$ 1.2509 - $ 1.2575 - $ 1.2626
Support Levels:
$ 1.2392 - $ 1.2341 - $ 1.2275
Strategy:
Buy on Dips
EU Economic Summit All day, CPI Flash estimate @ 1400, M3 Money Supply @ 1300(GMT + 5)