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Gold and Silver Recommended Levels

Published 12/22/2011, 01:34 AM
Updated 07/09/2023, 06:31 AM
GC
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HG
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KC
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LCO
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LSUc1
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SI
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CFI2Z4
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CL
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CT
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LCCc1
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LGO
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NG
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SB
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PA
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OJ
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CC
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PL
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RC
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LWBc1
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LHc1
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LCc1
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ZL
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ZS
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ZW
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ZC
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ZM
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NYF
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RR
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MERRY CHRISTMAS AND A HAPPY NEW YEAR !

December 22, 2011

GMT 06:16

GOLD

Support: - 1602.80, 1586.23 and 1560.00(main).

Break of the latter will give 1541.28, where a correction is possible. Then 127.06, where a correction is also possible. Be there a strong impulse, we would see 1519.10. Continuation wil give 1507.50.
Resistance: - 1642.40, 1654.00 and 1666.17(main), where a correction may happen. Break would bring 1694.15, where a correction may also happen. Then follows 1732.52. Be there a strong impulse, we’d see 1749.50. Continuation would bring 1756.00.

SILVER

Support: - 28.57, 28.32 and 27.92(main).where correction is possible. Break of the latter would give 27.64, where correction may happen. Then goes 27.43. If a strong impulse, we would see 27.27. Continuation would give 27.06.
Resistance: - 30.18 and 30.67(main), where correction is possible. Break will lead 31.28, where again may be a correction. Then follows 31.52. If a strong impulse, we would have 31.77. Continuation would give 31.95.

Light Crude :
Support (daily close):
39.36, 34.88, 31.28, 23.17, 19.57, 15.10, 11.70, 9.64, 8.11 and 6.98(published on December 07, 2008).
Resistance(daily close): 95.73, 98.21, 99.45, 101.48 and 102.27 (published on October 30, 2007). Next levels 103.73, 105.32, 106.54, 109.35, 112.56 and 117.28. Then follow 121.50, 124.03 and 126.56(added on February 29, 2008). Continuation will bring 132.73, 135.08, 139.92, 141.46 and 144.00( added on May 12, 2008).
Next levels : 149.06, 151.88, 154.13, 157.36, 159.46, 162.00, 169.87 and 172.13(added on July 04, 2008).

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