Daily Technical Analysis For January By ACM Gold

[ACM Gold]

21st January 2013 TECHNICALS

GOLD
Resistance Levels:
$ 1693.6 - $ 1700.3 - $ 1705.4
SUPPORT LEVELS:
$ 1681.8 - $ 1676.7 - $ 1670.0
STRATEGY:
Range Bound
Might trade in the range of $1682-$1698. Upside penetration might call for $1705, while a downward breakage might call for $1675.

Silver
Resistance Levels:
$ 32.15 - $ 32.38 - $ 32.62
SUPPORT LEVELS:
$ 31.68 - $ 31.44 - $ 31.21
STRATEGY:
Range Bound
Might trade in the range of $31.20-$32.20. Upside penetration might call for $32.70, while a downward breakage might call for $30.80.

Crude Oil
Resistance Levels:
$ 96.33 - $ 96.61 - $ 97.10
SUPPORT LEVELS:
$ 95.56 - $ 95.07 - $ 94.79
STRATEGY:
Sell on Strength
Sell below $ 95.60, using a stop loss of $95.80, targeting $94.00

 

[ACM Gold]

Currencies

22nd January 2013


AUD / USD
Resistance Levels:
$ 1.0527 - $ 1.0541 - $ 1.0559
SUPPORT LEVELS:
$ 1.0495 - $ 1.0477 - $ 1.0463
STRATEGY:
Buy on Dips
Buy above $1.0520, using a stop loss of $1.0490, targeting $1.0580.


GBP / USD :
Resistance Levels:
$ 1.5881 - $ 1.5930 - $ 1.5968
SUPPORT LEVELS:
$ 1.5794 - $ 1.5756 - $ 1.5707
STRATEGY:
Buy on Dips
Buy above $1.5820, using a stop loss of $1.5800, targeting $1.5890.

EURO / USD :
Resistance Levels:
$ 1.3326 - $ 1.3344 - $ 1.3358
SUPPORT LEVELS:
$ 1.3294 - $ 1.3280 - $ 1.3262
STRATEGY:
Neutral
Buy above $1.3300, using a stop loss of $1.3270, targeting $1.3370.
Sell below $1.3370, using a stop loss of $1.3400, targeting $1.3300.

 

[ACM Gold]

TODAY'S TECHNICAL

23rd January 2013

GOLD
Resistance Levels:
$ 1696.6 - $ 1701.8 - $ 1707.7
SUPPORT LEVELS:
$ 1685.5 - $ 1679.6 - $ 1674.4
STRATEGY:
Sell on Strength
Sell below $1696, using a stop loss of $1705, targeting $1685.

Silver
Resistance Levels:
$ 32.44 - $ 32.68 - $ 32.99
SUPPORT LEVELS:
$ 31.89 - $ 31.58 - $ 31.34
STRATEGY:
Buy on Dips
Buy above $31.80, using a stop loss of $31.50, targeting $32.50.

Crude Oil
Resistance Levels:
$ 97.25 - $ 97.78 - $ 98.67
SUPPORT LEVELS:
$ 95.83 - $ 94.94 - $ 94.41
STRATEGY:
Sell on Strength
Sell below $96.90, using a stop loss of $97.30, targeting $96.10.

 

[ACM Gold]

CURRENCIES

24th January 2013

AUD / USD
Resistance Levels:
$ 1.0552 - $ 1.0572 - $ 1.0585
SUPPORT LEVELS:
$ 1.0519 - $ 1.0506 - $ 1.0486
STRATEGY:
Sell on Strength
Sell below $1.0530, using a stop loss of $1.0550, targeting $1.0490.


GBP / USD :
Resistance Levels:
$ 1.5879 - $ 1.5929 - $ 1.5969
SUPPORT LEVELS:
$ 1.5789 - $ 1.5749 - $ 1.5699
STRATEGY:
Sell on Strength
Sell below $1.5850, using a stop loss of $1.5880, targeting $1.5800.


EURO / USD :
Resistance Levels:
$ 1.3351 - $ 1.3397 - $ 1.3441
SUPPORT LEVELS:
$ 1.3261 - $ 1.3217 - $ 1.3171
STRATEGY:
Neutral
Buy above $1.3290, using a stop loss of $1.3270, targeting $1.3340.
Sell below $1.3340, using a stop loss of $1.3370, targeting $1.3290.

 

[ACM Gold]

TODAY'S TECHNICAL

28th January 2013

GOLD
Resistance Levels:
$ 1668.3 - $ 1678.3 - $ 1684.9
SUPPORT LEVELS:
$ 1651.7 - $ 1645.1 - $ 1635.1
STRATEGY:
Sell on Strength
Sell below $1672, using a stop loss of $1678, targeting $1652.

Silver
Resistance Levels:
$ 31.62 - $ 32.06 - $ 32.31
SUPPORT LEVELS:
$ 30.93 - $ 30.68 - $ 30.24
STRATEGY:
Sell on Strength
Sell below $31.60, using a stop loss of $31.90, targeting $30.60.

Crude Oil
Resistance Levels:
$ 96.62 - $ 97.16 - $ 97.75
SUPPORT LEVELS:
$ 95.49 - $ 94.90 - $ 94.36
STRATEGY:
Buy on Dips
Buy above $95.50, using a stop loss of $95.00, targeting $96.30.

AUD / USD
Resistance Levels:
$ 1.0460 - $ 1.0495 - $ 1.0525
SUPPORT LEVELS:
$ 1.0395 - $ 1.0365 - $ 1.0330
STRATEGY:
Buy on Dips
Buy above $1.0390, using a stop loss of $1.0370, targeting $1.0440. A downside penetration of $1.0370 will call for $1.0350.


GBP / USD
Resistance Levels:
$ 1.5834 - $ 1.5868 - $ 1.5910
SUPPORT LEVELS:
$ 1.5758 - $ 1.5716 - $ 1.5682
STRATEGY:
Neutral
Buy above $1.5740, using a stop loss of $1.5720, targeting $1.5800.
Sell below $1.5800, using a stop loss of $1.5820, targeting $1.5750.


EURO / USD
Resistance Levels:
$ 1.3507 - $ 1.3556 - $ 1.3636
SUPPORT LEVELS:
$ 1.3378 - $ 1.3298 - $ 1.3249
STRATEGY:
Buy on Dips
Buy above $1.3420, using a stop loss of $1.3390, targeting $1.3490.

 

[ACM Gold]

29th January 2013

GOLD
Resistance Levels:
$ 1659.7 - $ 1666.0 - $ 1670.3
SUPPORT LEVELS:
$ 1649.1 - $ 1644.8 - $ 1638.5
STRATEGY:
Neutral
Buy above $1649, using a stop loss of $1639, targeting $1672.
Sell below $1666, using a stop loss of $1678, targeting $1649.

Silver
Resistance Levels:
$ 31.18 - $ 31.54 - $ 31.76
SUPPORT LEVELS:
$ 30.61 - $ 30.39 - $ 30.03
STRATEGY:
Neutral
Buy above $30.70, using a stop loss of $30.50, targeting $31.20.
Sell below $31.20, using a stop loss of $31.50, targeting $30.60.


Crude Oil
Resistance Levels:
$ 97.10 - $ 97.62 - $ 98.44
SUPPORT LEVELS:
$ 95.76 - $ 94.94 - $ 94.42
STRATEGY:
Buy on Dips
Buy above $96.10, using a stop loss of $95.50, targeting $97.50.


AUD / USD
Resistance Levels:
$ 1.0434 - $ 1.0454 - $ 1.0479
SUPPORT LEVELS:
$ 1.0389 - $ 1.0364 - $ 1.0344
STRATEGY:
Buy on Dips
Buy above $1.0430, using a stop loss of $1.0410, targeting $1.0470.


GBP / USD
Resistance Levels:
$ 1.5760 - $ 1.5827 - $ 1.5871
SUPPORT LEVELS:
$ 1.5649 - $ 1.5605 - $ 1.5538
STRATEGY:
Neutral
Buy above $1.5680, using a stop loss of $1.5650, targeting $1.5750.
Sell below $1.5720, using a stop loss of $1.5740, targeting $1.5670.


EURO / USD
Resistance Levels:
$ 1.3479 - $ 1.3504 - $ 1.3532
SUPPORT LEVELS:
$ 1.3426 - $ 1.3398 - $ 1.3373
STRATEGY:
Range Trade
Might trade in the range of $1.3420-1.3490. Upward penetration might call for $1.3510, while a downward breakage might call for $1.3370.

 

[ACM Gold]

30th January 2013

TODAY'S TECHNICAL
GOLD
Resistance Levels:
$ 1669.3 - $ 1674.0 - $ 1680.8
SUPPORT LEVELS:
$ 1657.8 - $ 1651.0 - $ 1646.3
STRATEGY:
Neutral
Buy above $1655, using a stop loss of $1642, targeting $1677.
Sell below $1675, using a stop loss of $1684, targeting $1655.

Silver
Resistance Levels:
$ 31.61 - $ 31.85 - $ 32.23
SUPPORT LEVELS:
$ 30.99 - $ 30.61 - $ 30.37
STRATEGY:
Neutral
Buy above $31.20, using a stop loss of $30.90, targeting $31.70.
Sell below $31.60, using a stop loss of $31.90, targeting $30.90.


Crude Oil
Resistance Levels:
$ 98.00 - $ 98.67 - $ 99.53
SUPPORT LEVELS:
$ 96.47 - $ 95.61 - $ 94.94
STRATEGY:
Neutral
Buy above $96.90, using a stop loss of $96.40, targeting $97.60.
Sell below $97.90, using a stop loss of $98.40, targeting $96.90.

CURRENCIES

AUD / USD
Resistance Levels:
$ 1.0485 - $ 1.0509 - $ 1.0543
SUPPORT LEVELS:
$ 1.0427 - $ 1.0393 - $ 1.0369
STRATEGY:
Buy on Dips
Buy above $1.0450, using a stop loss of $1.0410, targeting $1.0500.


GBP / USD
Resistance Levels:
$ 1.5779 - $ 1.5815 - $ 1.5860
SUPPORT LEVELS:
$ 1.5698 - $ 1.5653 - $ 1.5617
STRATEGY:
Buy on Dips
Buy above $1.5720, using a stop loss of $1.5680, targeting $1.5800.


EURO / USD
Resistance Levels:
$ 1.3516 - $ 1.3547 - $ 1.3598
SUPPORT LEVELS:
$ 1.3434 - $ 1.3383 - $ 1.3352
STRATEGY:
Range Trade
Might trade in the range of $1.3420-1.3490. Upward penetration might call for $1.3510, while a downward breakage might call for $1.3370.

 

[ACM Gold]

31st January 2013

GOLD
Resistance Levels:
$ 1687.0 - $ 1696.7 - $ 1708.5
SUPPORT LEVELS:
$ 1665.5 - $ 1653.7 - $ 1644.0
STRATEGY:
Neutral
Buy above $1674, using a stop loss of $1665, targeting $1689.
Sell below $1685, using a stop loss of $1692, targeting $1673.


Silver
Resistance Levels:
$ 32.45 - $ 32.90 - $ 33.50
SUPPORT LEVELS:
$ 31.40 - $ 30.80 - $ 30.35
STRATEGY:
Neutral
Buy above $31.80, using a stop loss of $31.20, targeting $32.50.
Sell below $32.30, using a stop loss of $32.70, targeting $31.70.


Crude Oil
Resistance Levels:
$ 98.39 - $ 98.78 - $ 99.31
SUPPORT LEVELS:
$ 97.47 - $ 96.94 - $ 96.55
STRATEGY:
Buy on Dips
Buy above $97.60, using a stop loss of $97.00, targeting $98.40.

 

[ACM Gold]

TODAY'S TECHNICALS

1st February 2013

GOLD
Resistance Levels:
$ 1678.1 - $ 1691.5 - $ 1701.4
SUPPORT LEVELS:
$ 1654.8 - $ 1644.9 - $ 1631.5
STRATEGY:
Neutral
Buy above $1652, using a stop loss of $1641, targeting $1674.
Sell below $1678, using a stop loss of $1685, targeting $1655.


Silver
Resistance Levels:
$ 32.02 - $ 32.58 - $ 33.03
SUPPORT LEVELS:
$ 31.01 - $ 30.56 - $ 30.00
STRATEGY:
Neutral
Buy above $31.00, using a stop loss of $30.60, targeting $31.70.
Sell below $31.60, using a stop loss of $32.20, targeting $30.90.

Crude Oil
Resistance Levels:
$ 98.02 - $ 98.63 - $ 99.22
SUPPORT LEVELS:
$ 96.82 - $ 96.23 - $ 95.62
STRATEGY:
Neutral
Buy above $96.90, using a stop loss of $96.40, targeting $97.80.
Sell below $97.80, using a stop loss of $98.20, targeting $96.90.

CURRENCIES
AUD / USD
Resistance Levels:
$ 1.0459 - $ 1.0490 - $ 1.0530
SUPPORT LEVELS:
$ 1.0388 - $ 1.0348 - $ 1.0317
STRATEGY:
Neutral
Buy above $1.0365, using a stop loss of $1.0330, targeting $1.0410.
Sell below $1.0410, using a stop loss of $1.0440, targeting $1.0360.

GBP / USD
Resistance Levels:
$ 1.5902 - $ 1.5938 - $ 1.6002
SUPPORT LEVELS:
$ 1.5802 - $ 1.5738 - $ 1.5702
STRATEGY:
Neutral
Buy above $1.5840, using a stop loss of $1.5800, targeting $1.5920.
Sell below $1.5900, using a stop loss of $1.5920, targeting $1.5850.


EURO / USD
Resistance Levels:
$ 1.3637 - $ 1.3664 - $ 1.3713
SUPPORT LEVELS:
$ 1.3561 - $ 1.3512 - $ 1.3485
STRATEGY:
Neutral
Buy above $1.3550, using a stop loss of $1.3490, targeting $1.3650.
Sell below $1.3650, using a stop loss of $1.3690, targeting $1.3550.