BRC (Reg.)

08 - 14 Nov 2010

www.brc.com.pk

www.brc.com.pk

4 Hours Time Frame 1 Hour Time Frame

5 Minutes Time Frame

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Weekly Levels Price

Resistance 3rd 1492.41

Resistance 2nd 1445.03

Resistance 1st 1419.96

Pivot Point 1372.58

Support 1st 1347.51

Support 2nd 1300.13

Support 3rd 1275.06

Formula Interpretation

Res3 = H + 2 x (P - L) Res2 = P + (Res1 - Sup1) Res1 = 2 x P - L Pivot Point = ( H + C + L ) / 3 Sup1 = 2 x P - H Sup2 = P - (Res1 - Sup1) Sup3 = L - 2 x (H - P) (H = High) (L = Low) (C = Close) (P = Pivot)

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62% Bullish ▲ 21% Bearish ▼ 17% Sideways ◄►

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Technical Indicators Analysis

Bollinger Bands Bullish ▲

Moving Average 3 lines Bearish ▼

Exponential Moving Average Bearish ▼

Relative Strength Index (RSI) Sideways ◄►

Stochastic Oscillator (Fast) Bullish ▲

Stochastic Oscillator (Slow) Bullish ▲

Swing Index Sideways ◄►

Volatility Bullish ▲

Volume Sideways ◄►

Average Directional Index (ADX) Sideways ◄►

Commodity Channel Index (CCI) Sideways ◄►

Directional Movement Index (DMI) Bullish ▲

Moving Average Convergence Divergence (MACD) Bearish ▼

Momentum Bullish ▲

Open Interest Bearish ▼

Rate of Change Sideways ◄►

37% Bullish ▲ 27% Bearish ▼ 36% Sideways ◄►

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UP▲

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Date - Time Data Impact Previous Forecast Analysis

Nov 09 - 08:00 PM Wholesale Inventories m/m Low 0.8% 0.6% D=▲ G=▲

Nov 10 - 06:30 PM Jobless Claims High 457K 451K D=▲ G=▲

Nov 10 - 06:30 PM Trade Balance High -46.3B -44.8B D=▲ G=▼

Nov 11 - All Day Bank Holiday - - - -

Nov 12 - 07:55 PM University of Michigan Sentiment High 67.7% 69.2% D=▲ G=▼

Visit www.brc.com.pk for Actual Data D = Data - G = Gold

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Analyst: Shayan Ali Bullion Research Center (Reg.)

New Sarafa Market, Rawalpindi (0333-515-8555) Copyright © Bullion Research Center. All rights reserved.

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