20 September 2017

BULLION OUTLOOK FOR 20-21 SEP 2017

Gold: Gold trading range for the day is 29900-29500. Gold is getting support at 29600 and below same could see a test of 29450 level, And resistance is now likely to be seen at 29800, a move above could see prices testing 30000. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 29800 levels. Traders can initiate short  positions on every rise until Gold closes above 29800 levels.
           
R2
R1
S1
S2
TREND
GOLD
30000
29800
29600
29450
Bearish
Silver: Silver trading range for the day is 40500-39800. Technically Silver is getting support at 40100 and below same could see a test of 39800 level, And resistance is now likely to be seen at 40400, a move above could see prices testing 40700. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40400  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40800
40450
40100
39800
  Bearish

19 September 2017

BULLION OUTLOOK FOR 19-20 SEP 2017

SELL GOLD 29600 SL 29750 TGT 29500-29400.

SELL SILVER 39850 SL 40500 TGT 39700-39500.

Gold: Gold trading range for the day is 29650-29400. Gold is getting support at 29540 and below same could see a test of 29400 level, And resistance is now likely to be seen at 29620, a move above could see prices testing 29750. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 29650 levels. Traders can initiate short  positions on every rise until Gold closes above 29650 levels.
           
R2
R1
S1
S2
TREND
GOLD
29750
29620
29540
29400
Bearish
Silver: Silver trading range for the day is 39950-39500. Technically Silver is getting support at 39700 and below same could see a test of 39400 level, And resistance is now likely to be seen at 39880, a move above could see prices testing 39950. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40000  levels.
           
R2
R1
S1
S2
  TREND
SILVER
41800
41650
39700
39400
  Bearish

18 September 2017

BULLION OUTLOOK FOR 18-19 SEP 20107

weekly CALL UPDATE:
GOLD HIT all TGT 29650!!!
silver HIT all TGT 40500!!!
Gold: Gold trading range for the day is 29850-29500. Gold is getting support at 29600 and below same could see a test of 29450 level, And resistance is now likely to be seen at 29800, a move above could see prices testing 29950. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 30000 levels. Traders can initiate short  positions on every rise until Gold closes above 30000 levels.
           
R2
R1
S1
S2
TREND
GOLD
30050
29900
29600
29450
Bearish
Silver: Silver trading range for the day is 40800-40300. Technically Silver is getting support at 40500 and below same could see a test of 40300 level, And resistance is now likely to be seen at 40700, a move above could see prices testing 40900. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 41000  levels.
           
R2
R1
S1
S2
  TREND
SILVER
41300
41000
40500
40300
  Bearish

15 September 2017

WEEKLY BULLION OUTLOOK FOR 18-22 SEP 2017


SELL GOLD 30000 SL 30150 TGT 29750-29650.

SELL SILVER 41000 SL 41250 TGT 40700-40500.

Gold: Gold trading range for the day is 30200-29600. Gold is getting support at 29800 and below same could see a test of 29500 level, And resistance is now likely to be seen at 30100, a move above could see prices testing 30300. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 30100 levels. Traders can initiate short  positions on every rise until Gold closes above 30100 levels.
           
R2
R1
S1
S2
TREND
GOLD
30300
30100
29800
28500
Bearish
Silver: Silver trading range for the day is 41600-40500. Technically Silver is getting support at 40900 and below same could see a test of 40500 level, And resistance is now likely to be seen at 41200, a move above could see prices testing 41550. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40900  levels.
           
R2
R1
S1
S2
  TREND
SILVER
41450
41200
40900
40700
  Bearish

14 September 2017

BULLLION OULTOOK FOR 14-15 SEP 2017

YESTERDAY’S GOLD HIT TGT 29800
call given on 12 sep: silver HIT TGT 40900
Gold: Gold trading range for the day is 30000-29600. Gold is getting support at 29800 and below same could see a test of 29600 level, And resistance is now likely to be seen at 30000, a move above could see prices testing 30200. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 30000 levels. Traders can initiate short  positions on every rise until Gold closes above 30000  levels.
           
R2
R1
S1
S2
TREND
GOLD
30200
30000
29800
29600
Bearish
Silver: Silver trading range for the day is 41100-40600. Technically Silver is getting support at 40800 and below same could see a test of 40600 level, And resistance is now likely to be seen at 41100, a move above could see prices testing 41300. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 41100  levels.
           
R2
R1
S1
S2
  TREND
SILVER
41300
41100
40800
40500
  Bearish

13 September 2017

BULLION OUTLOOK FOR 13-14 SEP 2017

Gold: Gold trading range for the day is 30250-29800. Gold is getting support at 29950 and below same could see a test of 29800 level, And resistance is now likely to be seen at 30100, a move above could see prices testing 30250. Gold is trading into negative zone and traders can hold short positions until Gold closes above 30185 levels. Traders can initiate short positions on every rise until Gold closes above 30185 levels.

           
R2
R1
S1
S2
TREND
GOLD
30250
30100
29950
28800
Bearish
Silver: Silver trading range for the day is 41700-41000. Technically Silver is getting support at 41300 and below same could see a test of 41000 level, And resistance is now likely to be seen at 41450, a move above could see prices testing 41700. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41100  levels.
           
R2
R1
S1
S2
  TREND
SILVER
41600
41450
41300
41100
  Bearish