Friday, October 17, 2008

today's datas

Friday, 17 October 2008
all times GMT
(last release in parentheses)

0800 Italy August industrial orders (2.6% m/m)
0800 Italy August industrial orders (5.5% y/y)
0800 Italy August industrial sales
0900 Eurozone August trade balance (-€2.3 billion)
0900 Eurozone August trade balance (-€6.4 billion)
1230 US September housing starts (895,000)
1230 US September building permits
1400 US October University of Michigan consumer sentiment
1400 US St. Louis Federal Reserve Bank President Bullard speaks
1800 US Chicago Federal Reserve Bank President Evans speaks

safe trade calls

GOLD

THIS WAS OUR WORDS YESTERDAY "close below 12865 towards 12625 in coming days" ACHIEVED SAME DAY AS YESTERDAY LOW WAS 12590. now as long Resistance of 13225-310 & 13400, down trend likely to continue. for the day sell below 12650 S/L 12690 and T/p 12590-600/sustain below towards 12440-450 OR sell ard 13030-40 S/L 13050 and T/p 12950-900 (any time close above 13600/14325 bullish while close below 12700-625/12425/11775/ 11250 bearish for medium term)


SILVER

we book profit on sell below 18475/ 17950, for the day sell below 17225 S/L 17325 and T/p 17150-17000/sustain close below towards 16000 in coming days OR sell ard 17770-780 S/L 17800 and T/p 17625-525 (any time close below 17000 bearish rally while close above 19000/20550/21400/22150/25250/ 26350/27475/28000 bullish for medium term)


CRUDE


book profit on sell ard 4110/3950/3900/ 3690, for the day sell below 3465 & 3440 S/L 3495 and T/p 3400-3390/3360 OR sell ard 3618-20 S/L 3630 and T/p 3570-3535 (now crude need to close above 4120/4400/4800/5000/5290 for bullish rally while close below 3440 bearish for medium term)


COPPER


book profit on sell below 251.5/236.5, for the day sell below 228 S/L 230 and T/p 225.5-225/sustain close below towards 215-220 Range in coming days OR sell ard 238.8-239 S/L 239.5 and T/p 237/234.5 (upside strong rally only on close above 270/305/316/327/339/ 351.25/360.5/387/398 while close below 225 bearish for medium term)


for intraday and short time call
contact
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