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20 analysts responded this week, 12 see prices up, while 8 see prices down, and 0 see prices unchanged. especially Trading range will be between $3102-$3267 levels.
S1:3156 S2:3130 S3:3102
R1:3217 R2:3232 R3:3267
Silver Prices remain volatile, but the tone toward the metal remains high, especially Trading range will be between $30.13-$33.88 levels.
S1:31.69 S2:31.05 S3:30.13
R1:32.47 R2:32.95 R3:33.88
15 of 10 analysts, forecast Crude Oil will rise in next week. 0 respondents predicted that futures will be little changed and 5 said the contract will fall.
S1:61.10 S2:59.86 S3:57.28
R1:62.95 R2:.64.83 R3:65.74
Now support for the Gold is seen at 91505 and below could see a test of 90150-88280. Resistance is now likely to be seen at 93595 a move above could see prices testing 95050-97955.
S1:91505 S2:90150 S3:88280
R1:93595 R2:95050 R3:97955
Now support for the silver is seen at 93655 and below could see a test of 92085-89190. Resistance is now likely to be seen at 96900 a move above could see prices testing 98150-99489.
S1:93655 S2:92085 S3:89190
R1:96900 R2:98150 R3:99489
Now support for the Crude is seen at 5220 and below could see a test of 5050-4515. Resistance is now likely to be seen at 5558 a move above could see prices testing 5768-5920
S1:5220 S2:5050 S3:4515
R1:5558 R2:5768 R3:5920
CB Leading Index m/m :
Previous: -0.7% Forecast: -0.7%
Actual > Forecast is good for Dollar
Crude Oil Inventories :
Previous: 3.5M Forecast: 1.5M
Actual > Forecast good for Dollar
Unemployment Claims :
Previous: 229K Forecast: 227K
Actual < Forecast is good for Dollar
Flash Manufacturing PMI :
Previous: 50.2 Forecast: 49.9
Actual > Forecast is good for Dollar
Flash Services PMI :
Previous: 50.8 Forecast: 50.7
Actual > Forecast is good for Dollar
Existing Home Sales :
Previous: 4.0% Forecast: 4.5%
Actual > Forecast good for Dollar
New Home Sales :
Previous: 724K Forecast: 696K
Actual > Forecast is good for Dollar
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