Monday, September 14, 2009

Dow Jones, Gold & USD Index Recommended Levels

Written by India Forex
Gold : We still maintain buying gold on dips close to $975 - $980 dollars . Medium term target comes around $1010-20 levels.(GOLD $1001.40)Bullish
Dollar Index : The Dollar Index (basket against 6 currencies with EUR accounting for 57% of the basket) needs to break the levels of 79.50 to maintain strength again otherwise rangebound. It could bottom close to 75.50 levels. (Dollar Index - 76.95).Neutral.

Written by FXtechtrade
DOW JONES INDEX
Today's support: - 9573.75 and 9541.40(main), where a delay and correction may happen. Break of the latter will give 9514.70, where correction also can be. Then follows 9489.37. Be there a strong impulse, we would see 9452.62 Continuation will bring 9410.62 and 9364.20.Today's resistance: - 9646.77(main), where a delay and correction may happen. Break would bring 9672.28, where a correction may happen. Then follows 9683.66, where a delay and correction could also be. Be there a strong impulse, we'd see 9717.37. Continuation would bring 9756.56, 9787.40 and 9812.77

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