TECHNICAL's IN FOCUS
Gold:
Resistance Levels:
$ 1619.3 - $ 1650.7 - $ 1670.6
Support Levels:
$ 1568.0 - $ 1548.1 - $ 1516.7
Strategy:
Sell on Strength
Sell below 1584. Target 1535. A break above 1584 might target 1608.5
Trade Balance @1730(GMT+5)hours.
Silver:
Resistance Levels:
$ 29.34 - $ 30.17 - $ 30.66
Support Levels:
$ 28.03 - $ 27.54 - $ 26.71
Strategy:
Sell on Strength
Sell Below 28.90. Target 27.41. A break above 28.90 might target 29.65
Crude Oil:
Resistance Levels:
$ 86.76 - $ 88.69 - $ 90.36
Support Levels:
$ 83.16 - $ 81.49 - $ 79.56
Strategy:
Sell on Strength
Sell below 84.58. Target 81.50. A break above 84.58 might call for 86.05
CURRENCIES:
EURUSD :
Resistance Levels:
$ 1.2611 - $ 1.2660 - $ 1.2696
Support Levels:
$ 1.2526 - $ 1.2490 - $ 1.2441
Strategy:
Sell on Strength
GBPUSD :
Resistance Levels:
$ 1.5608 - $ 1.5689 - $ 1.5779
Support Levels:
$ 1.5437 - $ 1.5347 - $ 1.5266
Strategy:
Sell on Strength
PPI Input @1330(GMT+5)hours.
Consumer Inflation Expectations @1330(GMT+5)hours.
AUDUSD :
Resistance Levels:
$ 0.9972 - $ 1.0050 - $ 1.0098
Support Levels:
$ 0.9846 - $ 0.9798 - $ 0.9720
Strategy:
Sell on Strength