BRC (Reg.

) 08 - 14 Nov 2010

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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)
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