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By: Crown Forex - 01-09-2008
0votesgold
Trading is still among the upside channel where we expect the peak to be below the 38.2% correctional levle for the downside channel that started on July 15, 2008. From here we see movements to conntinue to the upside as far as 824.60 remains intact yet on the medium term, it is still clearly pointing to the downside.
The trading range for today is among the key support at 799.50 and key resistance at 845.50
The general trend is to the upside as far as 730.00 remains intact with targets at 983.00 and 1016.00Support 830.20 824.60 810.45 806.50 805.00 Resistance 836.00 838.20 843.00 845.50 850.45 Recommendation ...
silver
The short term upside wave that started on August 15, 2008 still continues but up to this moment the resistance level at 13.90-13.95 hasn't been breached and trading remains below it. The failed attempt to break this level will result in the metal to target the 13.35 level for today.
The trading range for today is among the key support at 12.74 and key resistance at 14.27
The general trend is to the downside as far as 18.30 remains intact with targets at 12.50 and 10.50Support 13.60 13.40 13.30 13.11 12.74 Resistance 13.90 14.15 14.27 14.90 14.97 Recommendation ...
Next Analysis: Energy MarketsContent Provided by:
Crown Forex
CROWN FOREX SA, located at St-Hubert 38, 2854 Bassecourt, P.o.box 247, Switzerland, is fully regulated as a financial intermediary under Swiss federal law on the prevention of money laundering (LBA, MLA). Our company is also affiliated with the ARIF association, thus overseen by the Swiss federal de
DISCLAIMER:
The above may contain information for investors/traders and is not a recommendation to buy or sell currencies, gold, silver & energies, nor an offer to buy or sell currencies, gold, silver & energies. The information provided is obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. I am not liable for any losses or damages, monetary or otherwise that result. I recommend that anyone trading currencies, gold, silver &energies should do so with caution and consult with a broker before doing so. Prior performance may not be indicative of future performance. Currencies, gold, silver &energies presented should be considered speculative with a high degree of volatility and risk
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