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Trading Analysis - 29th March 2012

ACM Gold and Forex Trading (PTY) Ltd

TECHNICAL's IN FOCUS

GOLD
Resistance Levels:
$ 1676.90 - $ 1696.00 - $ 1707.40Support Levels:$ 1646.40 - $1635.00 - $1615.90

Strategy:
Sell on Strength

(Short around 1669, target 1645. Put stop loss around 1689.)

SILVER
Resistance Levels:
$ 32.42 - $ 33.01 - $ 33.34

Support Levels:
$ 31.50- $ 31.17 - $ 30.58

Strategy:
Sell on Strength

(Short at 32.35, target 31.35.)

CRUDE OIL
Resistance Levels:
$ 106.68 - $ 107.94 - $ 108.95

Support Levels:
$ 104.41 - $ 103.40 - $ 102.14

Strategy:
Sell on Strength

(Short @ 105.90, target 104.75)

(Note of Caution: U.S. Unemployment Claims at 5.30 pm followed by Bernanke Speech at 9.45 pm (GMT+5))

Source: https://www.acmgold.com/news-analysis
Disclaimer
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