17 November 2017

WEEKLY BULLION OUTLOOK FOR 20-24 NOV 2017

Gold: Gold trading range for the day is 29800-29100. Gold is getting support at 29300 and below same could see a test of 29100 level, And resistance is now likely to be seen at 29750, a move above could see prices testing 29800. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29300 levels. Traders can initiate long positions on every dip until Gold closes below  29300  levels.

           
R2
R1
S1
S2
TREND
GOLD
29000
29750
29300
29100
BULLISH
Silver: Silver trading range for the day is 40200-39200. Technically Silver is getting support at 39500 and below same could see a test of 39200 level, And resistance is now likely to be seen at 39750, a move above could see prices testing 40200. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40000
39750
39500
39200
  BULLISH

16 November 2017

BULLION OUTLOOK FOR 16-17 NOV 2017

Gold: Gold trading range for the day is 29650-29300. Gold is getting support at 29400 and below same could see a test of 29300 level, And resistance is now likely to be seen at 29550, a move above could see prices testing 29650. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29400 levels. Traders can initiate long positions on every dip until Gold closes below  29400  levels.

           
R2
R1
S1
S2
TREND
GOLD
29650
29550
29400
29300
BULLISH
Silver: Silver trading range for the day is 40000-39200. Technically Silver is getting support at 39550 and below same could see a test of 39200 level, And resistance is now likely to be seen at 39750, a move above could see prices testing 40000. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39550  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40000
39750
39550
39200
  BULLISH

15 November 2017

BULLION OUTLOOK FOR 15-16 NOV 2017

Gold: Gold trading range for the day is 29450-29750. Gold is getting support at 29500 and below same could see a test of 29450 level, And resistance is now likely to be seen at 29680, a move above could see prices testing 29750. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29500 levels. Traders can initiate long positions on every dip until Gold closes below  29500  levels.
           
R2
R1
S1
S2
TREND
GOLD
29750
29680
29500
29450
BULLISH
Silver: Silver trading range for the day is 39500-40200. Technically Silver is getting support at 39700 and below same could see a test of 39500 level, And resistance is now likely to be seen at 39950, a move above could see prices testing 40200. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40200
39950
39500
39200
  BULLISH

14 November 2017

BULLION OUTLOOK FOR 01-15 NOV 2017

Gold: Gold trading range for the day is 29350-29700. Gold is getting support at 29440 and below same could see a test of 29350 level, And resistance is now likely to be seen at 29600, a move above could see prices testing 29700. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29440 levels. Traders can initiate long positions on every dip until Gold closes below  29440  levels.
           
R2
R1
S1
S2
TREND
GOLD
29700
29600
29440
29350
BULLISH
Silver: Silver trading range for the day is 39200-40100. Technically Silver is getting support at 39500 and below same could see a test of 39200 level, And resistance is now likely to be seen at 39880, a move above could see prices testing 40100. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40100
39880
39500
39200
  BULLISH

13 November 2017

BULLION OUTLOOK FOR 13-14 NOV 2017

Gold: Gold trading range for the day is 29350-29700. Gold is getting support at 29450 and below same could see a test of 29350 level, And resistance is now likely to be seen at 29600, a move above could see prices testing 29700. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29450 levels. Traders can initiate long positions on every dip until Gold closes below  29450  levels.
           
R2
R1
S1
S2
TREND
GOLD
29700
29600
29450
29350
BULLISH
Silver: Silver trading range for the day is 39200-39800. Technically Silver is getting support at 39500 and below same could see a test of 39200 level, And resistance is now likely to be seen at 39700, a move above could see prices testing 40000. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40000
39700
39500
39200
  BULLISH

10 November 2017

BULLION OUTLOOK FOR 13-17 NOV 2017

Gold: Gold trading range for the day is 29750-29400. Gold is getting support at 29500 and below same could see a test of 29400 level, And resistance is now likely to be seen at 29650, a move above could see prices testing 29750. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29500 levels. Traders can initiate long positions on every dip until Gold closes below  29500  levels.
           
R2
R1
S1
S2
TREND
GOLD
29800
29650
29500
29300
BULLISH
Silver: Silver trading range for the day is 40000-39300. Technically Silver is getting support at 39500 and below same could see a test of 39300 level, And resistance is now likely to be seen at 39780, a move above could see prices testing 40000. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40000
39780
39500
39200
  BULLISH