Gold prices have been subject to volatility as U.S. political leaders made efforts to reach to avert the “fiscal cliff,” an event that threatened to drag the economy into recession. Gold often drops on the dollar’s strength, but also tends to gain during times of uncertainty, as the metal is widely regarded as a store of wealth and fund manger try to hedge their RISK so we are near very interesting time ahead of us and as this week USA markets observing the thanks giving holiday ,expexting a bounce in currency near term gold is also at the verge of make or break
wait and Watch!!
Cheers !
EUR/USD (last 1.2767)
Support:
1.2706 (S1)
1.2640 (S2)
1.2572 (Major Sup)
Resistance:
1.2827 (R1)
1.2937 (RR)
1.3046 (RRR)
STRATEGY
Trend
Short@12867 add 128XX stop@XXX tgt for Sub
Day Trader
Long @125X stop@125XX (19 ticks stop) Tgt Subscribers
Parked Orders
High Risk Trade
CABLE (15912)
Support:
1.5843 (S1)
1.5736 (SS2)
1.5622 (Major Sup)
Resistance:
1.5993®
1.6076 (Res)
16130 (**Major Resistance)
STRATEGY SOS short on strength
Trend Side Bearish
Day Traders
PARKED ORDERS
Long@156XX stp@156XX tgt 15XXX
Mid term
Short again on spike @16XXX Stop@16XXX Tgt open
High Risk Day trader
Short@16XX Stop@16xXX (Filled and Tgt reached)
Yen (8127)
Support:
8057 (S1)
7963 (S2)
7867 (Major Sup)
Resistance:
8182 (R1)
8247 (RR)
8325 (RRR3)
Trend – Short term lower Mid Term Higher towards 8330
MID term
Long @7802 stop@7756 tgt open (Filled and open amen made on 26 oct amend the stop@7837)
BOD (Buy on dips for we are expecting a sharp rise towards 8330)
DeC Swiss (10595)
Support:
10535 (S1)
10465 (SS2.)
10412 (Major Sup)
Resistance:
10641 (Res1)
10712 (RR2)
10792 (RES3)
Strategy SoS
Buy/Long
Day trade
Buy @1049XX add 104xx stop @1XXXX tgt XXX
High Risk Day trades
Short @10668 add @10XXX stop @107XXX tgt Sub
Short @108XX Stop@108XX (22 Ticks ) Tgt Sub
Dec Futures Cad $ (9990)
Flat
Support:
.9962 (S1)
.9922 (Sup2.)
.9845 (Major Sup)
Resistance:
10042 (R)
1.0102 (Res2)
1.0147 (Res3)
Day TRADER
Dec future Short@10286 stop@10311 Tgt open
Buy/Long @98XX stop@98XX tgt =---
Ausie $ dec (10345)
Support:
1.0308 (S1)
10252 Sup2.)
1.1013 (Major Sup)
Resistance:
1.0403 (Res1)
1.0490 (Res2)
1.0526 (Res3)
Trend - Flat
Strategy
Short @104XX stop@104x7 ( Alpha trade Risk reward ratio 1;10) Tgt Sub (filled and open tgt reached @10283 )
Short@10377 stop@104XX tgt open
GOLD (1722.00)
Strategy SOS Short on strength A deep correction around 16XX
Support:
1702.6 (S1)
1684(S2)
16666 (Major Sup)
Resistance:
1726.7 (Res1)
1746* (Res2)
1766*** (Res3)
High Risk Trader
Short@17XX Stop@17XXX Tgt 16XX
SILVER (3261)
Flat
Support:
3208 (S1)
3162 (s2)
3055 (Major Sup)
Resistance:
3276 (Res)
3315 (RR)
3409 (Major resistance)
Strategy
Short @3XXX stop @3XXX tgt 3XXX
Aggressive Trader buy @--- Stop@29XX Tgt XXX
Very High risk Trade
Short 32XX Stop@33XX Tgt 30XX( parrkedand waiting)
ES (MINI Sp500) (1362)
Trend Bearish
Strategy (Sos) Short on strength
Support:
1349 (S1)
1321 (s2)
1303 (Major Sup)
Resistance:
1369(R)
1389 (Major resistance)
1418 **********
Strategy
OIL Jan (8789)
Strategy
Support:
8683(S1)
8510 (S2)
8217 (Major Sup)
Resistance:
8805 (Res)
8938 (Res2)
9066 (Major resistance)
Strategy
Mid Termn
Short@89XX add XXX stop XXX tgt XXx
buy@8XXX add 8XXX stp@8XXX tgt for Subscribers only
High Risk Trade
Long@ 7XX stop@8XXX tgt
Time line For ----
time line for Subscribers of the services
