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Thursday, January 1, 2015

Jan 2 2015 Gold and Silver Resistance and Support levels

Gold
Super run in the gold .... In NYSE gold had a good session. It hit the highest point of  $1203.90 Low of 1179.50 and manages to close at 1184.10. Today we can expect good up move. As per my calculations i am giving the support and resistance levels..
R1:  1198.80
R2:  1213.50
R3:  1223.20
S1:  1174.40
S2:  1164.70
S3:  1150.00
Silver
In NYSE silver had a good session. It hit the highest point of  $16.310 and Low of 15.545 and manages to close at 15.695 That was good sign. As per my calculations i am giving the support and resistance levels..
R1: 16.155
R2: 16.615
R3: 16.920
S1:  15.390
S2:  15.085
S3:  14.625
 
The data need to be watch out:
German Manufacturing PMI (Dec)
GBP -  Manufacturing PMI (Dec)
USA - ISM Manufacturing PMI (Dec) 
USA - ISM Manufacturing Employment (Dec) 
 

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