Disclaimer

Investing involves some degree of risk. Investors should inform themselves of the risks involved before engaging in any investment. I accept no responsiblity for your failures as an investor. Disclosure - Long physical Gold, Silver, and mining companies.

Monday, July 6, 2009

Silver, Gold, US Dollar, Oil, Dow Prices for 7 July 2009

SILVER: BULLISH (Price objective = 26.00)
Resistance Level - 13.90
Resistance Level - 13.66
Resistance Level - 13.46
Pivot Point - 13.22
Support Level - 13.02
Support Level - 12.78
Support Level - 12.58

GOLD: BEARISH (Price objective = 905)
Resistance Level - 943.36
Resistance Level - 938.03
Resistance Level - 931.46
Pivot Point - 926.13
Support Level - 919.56
Support Level - 914.23
Support Level - 907.66

US Dollar: BEARISH (Price Objective 71)
Resistance Level - 81.42
Resistance Level - 81.15
Resistance Level - 80.80
Pivot Point - 80.53
Support Level - 80.18
Support Level - 79.91
Support Level - 79.56

DOW: BEARISH (Price objective = 7700)
Resistance Level - 8459.12
Resistance Level - 8393.54
Resistance Level - 8337.14
Pivot Point - 8271.56
Support Level - 8215.16
Support Level - 8149.58
Support Level - 8093.18

OIL: BEARISH (Price objective 54.00)
Resistance Level - 67.54
Resistance Level - 66.59
Resistance Level - 65.29
Pivot Point - 64.34
Support Level - 63.04
Support Level - 62.09
Support Level - 60.79

***Price objective were derived from Point and Figure charts*****

If you want numbers for a certain stock or sector, put it in the comment section and I'll post it or send it to you.

2 comments:

Chris said...

What is Resistance Level, Pivot Point and Support Level and how are those determined?

What are the determining factors of buy and sell?

CC said...

chris....i posted a quick lesson on pivot points, resistance levels, and support levels.....let me know if you have any questions