Trading news

Trading Analysis - 6th March 2012

TECHNICAL's IN FOCUS

GOLD
Resistance Levels:
$ 1716.5 - $ 1729.0 - $ 1740.1

Support Levels:
$ 1692.9 - $1681.8 - $1669.3

Strategy:
Sell on strength

(Sell Below $1720 targeting $1682. A break above $1720 will call for $1744.)

 

SILVER
Resistance Levels:
$ 34.58 - $ 35.46 - $ 35.97

Support Levels:
$ 33.18- $ 32.67 - $ 31.79

Strategy:
Sell on Strength

Sell below $34.55 targeting $32.96. A break above $34.55 will call for $35.63.

CRUDE OIL 
Resistance Levels:
$ 107.59 - $ 108.47 - $ 109.51

Support Levels:
$ 105.67 - $ 104.63 - $ 103.75

Strategy:
Sell on Strength

Sell below $107.26 targeting $104.63. Above $107.26 will call for $109.02.

Tuesday, 06 Mar, 2012 / 5:41

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

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