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Gold and Silver Recommended Levels

Published 12/01/2011, 11:32 PM
Updated 07/09/2023, 06:31 AM
GC
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SI
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December 02, 2011

GMT 04:14

 
GOLD Support: - 1732.50(main). Break of the latter will give 1720.14, where a correction is possible. Then 1709.30, where a correction is also possible. Be there a strong impulse, we would see 1696.33. Continuation wil give 1682.10.
Resistance: - 1749.50 and 1756.00(main), where a correction may happen. Break would bring 1779.67, where a correction may also happen. Then follows 1806.22. Be there a strong impulse, we’d see 1821.46. Continuation would bring 1842.20.

SILVER

Support: - 32.38 and 32.12(main).where correction is possible. Break of the latter would give 31.96, where correction may happen. Then goes 31.47. If a strong impulse, we would see 30.92. Continuation would give 30.60.
Resistance: - 33.16(main), where correction is possible. Break will lead 33.28, where again may be a correction. Then follows 33.40. If a strong impulse, we would have 33.62. Continuation would give 34.03.


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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