27 July 2017

BULLION OUTLOOK FOR 27-28 JULY 2017

BUY GOLD @ 28450 SL 28350 TGT 28550-28650.

BUY SILVER @ 38250 SL 38100 TGT 38450-38740.

Gold: Gold is trading into positive zone and traders can hold long positions until Gold closes below 28500 levels. Traders can initiate long positions on every dip until Gold closes below 28500 levels. Gold trading range for the day is 28300-28600. Technically market is getting support at 28325 and below same could see a test of 28265 level, And resistance is now likely to be seen at 28424, a move above could see prices testing 28463.
           
R2
R1
S1
S2
TREND
GOLD
28700
28620
28500
28325
Bearish

Silver: Silver trading range for the day is 37300-38300. Technically Silver is getting support at 38300 and below same could see a test of 38000 level, And resistance is now likely to be seen at 38600, a move above could see prices testing 39000. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38300  levels. Silver trading range for the day is 37900-38600. 
           
R2
R1
S1
S2
  TREND
SILVER
39000
38600
38300
38000
  Bearish

26 July 2017

BULLION OUTLOOK FOR 26-27 JULY 2017

yesterday’s GOLD HIT TGT 28300 MADE low OF 28304!!!
Gold: Gold trading range for the day is 28000-28500. Gold is getting support at 28300 and below same could see a test of 28000 level, And resistance is now likely to be seen at 28400, a move above could see prices testing 28550. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28000 levels. Traders can initiate long positions on every dip until Gold closes below 28000 levels.
           
R2
R1
S1
S2
TREND
GOLD
28500
28400
28250
28000
Bearish
Silver: Silver trading range for the day is 37300-38300. Technically Silver is getting support at 37700 and below same could see a test of 37300 level, And resistance is now likely to be seen at 38100, a move above could see prices testing 38300. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 37700  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38300
38100
37700
37300
  Bearish

25 July 2017

BULLION OUTLOOK FOR 25-26 JULY 2017

SELL GOLD 28500 SL 27650 TGT 28300-28150.

SELL SILVER 38000 SL 38500 TGT 37500-37300.

Gold: Gold trading range for the day is 28100-28500. Gold is getting support at 28400 and below same could see a test of 28300 level, And resistance is now likely to be seen at 28500, a move above could see prices testing 28650. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28400 levels. Traders can initiate long positions on every dip until Gold closes below 28400 levels.
           
R2
R1
S1
S2
TREND
GOLD
28650
28550
28400
28300
Bearish
Silver: Silver trading range for the day is 37300-38400. Technically Silver is getting support at 37600 and below same could see a test of 37300level, And resistance is now likely to be seen at 38200, a move above could see prices testing 38700. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 37600  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38700
38300
37700
37300
  Bearish

24 July 2017

BULLION OUTLOOK FOR 24-25 JULY 2017

weekly CALL UPDATE:
GOLD HIT all TGT 28500 MADE high OF 28594!!!
silver HIT all TGT 38100 MADE high OF 38269!!!
Gold: Gold trading range for the day is 28600-28430. Gold is getting support at 28500 and below same could see a test of 28000 level, And resistance is now likely to be seen at 28600, a move above could see prices testing 28750. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28500 levels. Traders can initiate long positions on every dip until Gold closes below 28000 levels.
           
R2
R1
S1
S2
TREND
GOLD
28500
28400
28250
28000
Bearish
Silver: Silver trading range for the day is 38500-37900. Technically Silver is getting support at 37900 and below same could see a test of 37500 level, And resistance is now likely to be seen at 38000, a move above could see prices testing 38300. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 37700  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38300
38000
37700
37300
  Bearish

21 July 2017

WEEKLY BULLION OUTLOOK FOR 24-28 JULY 2017

BUY GOLD 28000 SL 27650 TGT 28300-28500.MCX.

BUY SILVER 37300 SL 37000 TGT 37800-38100.MCX

Gold: Gold trading range for the day is 28000-28500. Gold is getting support at 28250 and below same could see a test of 28000 level, And resistance is now likely to be seen at 28400, a move above could see prices testing 28550. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28000 levels. Traders can initiate long positions on every dip until Gold closes below 28000 levels.

           
R2
R1
S1
S2
TREND
GOLD
28500
28400
28250
28000
Bearish
Silver: Silver trading range for the day is 37300-38300. Technically Silver is getting support at 37700 and below same could see a test of 37300level, And resistance is now likely to be seen at 38000, a move above could see prices testing 38300. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 37700  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38300
38000
37700
37300
  Bearish

20 July 2017

BULLION OUTLOOK FOR 20-21 JULY 2017

Gold: Gold trading range for the day is 27900-28300. Technically Gold is getting support at 27900 and below same could see a test of 28550 level, And resistance is now likely to be seen at 28250, a move above could see prices testing 28500. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28000 levels. Traders can initiate long positions on every dip until Gold closes below 28001 levels.

           
R2
R1
S1
S2
TREND
GOLD
28380
28260
28150
27950
Bearish
Silver: Silver trading range for the day is 37300-38500. Technically Silver is getting support at 37450 and below same could see a test of 37300 level, And resistance is now likely to be seen at 37800, a move above could see prices testing 38200. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 37300  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38500
37800
37450
37300
  Bearish