Trading news

Trading Analysis 9th July 2012

Gold:
Resistance Levels:
$ 1600.9 - $ 1622.8 - $ 1635.1

Support Levels:
$ 1566.7 - $ 1554.4 - $ 1532.5

Strategy:
Buy on Dips

Buy above $1575 targeting $1595.00. A fall below $1575 will lead to $1560

Draghi Speaks @ 1730 (GMT + 5)

Silver:
Resistance Levels:
$ 27.508 - $ 28.097 - $ 28.398


Support Levels:
$ 26.618 - $ 26.317 - $ 25.728

Strategy:
Buy on Dips

Buy above $26.90 targeting $27.60. A fall below $26.90 will lead to $26.10

 

Crude Oil:
Resistance Levels:
$ 86.38 - $ 88.31 - $ 89.49

Support Levels:
$ 83.27 - $ 82.09 - $ 80.16

Strategy:
Buy on Dips

Buy above $84.00 targeting $86.30. A fall below $84.00 will lead to $82.19

 

CURRENCIES:

AUDUSD :
Resistance Levels:
$ 1.0276 - $ 1.0341 - $ 1.0390

Support Levels:
$ 1.0162 - $ 1.0113 - $ 1.0048

Strategy:
Buy on Dips

 

GBPUSD :
Resistance Levels:

$ 1.5537- $ 1.5588 - $ 1.5627

Support Levels:

$ 1.5447 - $ 1.5408 - $ 1.5357

Strategy:
Buy on Dips

MPC Member Tucker speaks @1830 (GMT + 5)

EURUSD :
Resistance Levels:

$ 1.2371 - $ 1.2457 - $ 1.2512

Support Levels:
$ 1.2230 - $ 1.2175 - $ 1.2089

Strategy:
Buy on Dips

Monday, 09 Jul, 2012 / 5:41

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

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