Trading news

Trading Analysis - 30th March 2012

TECHNICAL's IN FOCUS

 

GOLD 
Resistance Levels:
$ 1663.00 - $ 1673.90 - $ 1683.20

Support Levels:
$ 1642.80 - $1633.50 - $1622.60

Strategy:
 Sell on Strength

(Short below $1677, target 1$632. A break above $1677 will call for $1706)

 

 

SILVER
Resistance Levels:
$ 32.32 - $ 32.64 - $ 32.99

Support Levels:
$ 31.65- $ 31.30 - $ 30.98

Strategy:
Sell on Strength

(Sell below $33.16 targeting $31.12. A break above $33.16 will call for $34.38.)

  

CRUDE OIL 
Resistance Levels:
$ 104.94 - $ 107.11 - $ 108.51

Support Levels:
$ 101.37 - $ 99.97 - $ 97.80


Strategy:
Sell on Strength

(Sell below $104.50 targeting $101.31. A break above $104.50 will call for $105.60 initially and then $107.87)



Friday, 30 Mar, 2012 / 4:36

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

Trading news

 

GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under