Thursday, December 22, 2011

FUNDAMENTAL VIEW IN SILVER AND GOLD


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.

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