Trading news

Trading Analysis - 9th March 2012

TECHNICAL's IN FOCUS

Gold:
Resistance Levels:
$ 1707.80 - $ 1716.90 - $ 1729.00

Support Levels:
$ 1686.60 - $1674.50 - $1665.40

Strategy:

Buy on Dips

(Buy above 1687, targeting 1712. A fall below 1687 will call for 1662).

Note of Caution:USD NFP Data at 1830 hours GMT +5(Do not leave open positions )

 

 

Silver:
Resistance Levels:
$ 34.22 - $ 34.62 - $ 35.05

Support Levels:
$ 33.40- $ 32.97 - $ 32.57

Strategy:
Buy on Dips

(Buy above 33.55 targeting 34.52. A fall below 33.55 will call for 32.85).

Note of Caution:USD NFP Data at 1830 hours GMT +5(Do not leave open positions )

 

 

Crude Oil:
Resistance Levels:
$ 107.24 - $ 107.90 - $ 108.60

Support Levels:
$ 105.88 - $ 105.18 - $ 104.52

Strategy:
Buy on Dips

 (Buy above 106.37, targeting 108.61. A fall below 106.37 will call for 105.42).  

Note of Caution:USD NFP Data at 1830 hours GMT +5(Do not leave open positions )

Friday, 09 Mar, 2012 / 10:03

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

Trading news

 

US stocks closed higher on Thursday, with the S&P 500 surging to a record high

Investors shrugged off CPI (consumer price inflation) data that showed a [...]

Posted on Sunday, 13 Jun, 2021 / 10:21 under

What Could Be Market Moving From The G7 Meeting?

When the leaders of the seven countries that represent 46% of the global GDP [...]

Posted on Friday, 11 Jun, 2021 / 2:42 under

Stocks at record, dollar unfazed after US CPI hits 5%

  US inflation surges again, but markets more convinced than ever [...]

Posted on Friday, 11 Jun, 2021 / 9:58 under