| Global Interest Rates | |||
Australia |
7.25% | ||
Canada |
3% | ||
EMU |
4% | ||
Japan |
0.5% | ||
Swiss |
2.75% | ||
England |
5% | ||
US |
2% | ||
We now stand at the 38.2% correctional level for the upside channel that was initiated on the eighth of this month where we still see a mix in different momentum indicators. From here, the direction could be altered for today but as long as trading is above $958.90 per ounce will give the metal the strength to continue to the upside whereas trading below it will take gold to the correctional level at 941.35.
The trading range is seen among 941.35 support levels and 994.00 resistance levels.
The general trend is to the upside as far as 730.00 remains intact with targets at 983.00 nad 1016.00
| Support | 958.90 | 953.85 | 950.15 | 941.35 | 930.95 |
| Resistance | 967.65 | 971.00 | 977.80 | 987.25 | 994.00 |
Recommendation | ... | ||||
We plan to start public testing in the course of two weeks beginning with 20/10/2008. CEGJ+ is a mechanical trade system; therefore the period of test...
CEGJ
My name is Hank King and I work at Trendphonic Futures at the CBOT. I wanted to introduce my firm to everyone.
Trendphonic Futures Trading, LLC is...
zac
If you are new to Forex, or don’t know about the conflict of interest between Forex trading platforms and their clients, please pay attention. This c...
mekomem
Since 1898 we’ve outfitted the worlds best dressed men. Woven silk ties, custom tailored shirts & more.
Professional Website Design For Corporate - Get a Free Quote Today