26 December 2016

BULLION OUTLOOK FOR 26-27 DEC 2016

“SELL GOLD FEB @ 27000 SL 27250 TGT 26820-26660.”

“SELL SILVER MAR @ 38800 SL 39250 TGT 38550-38250.”

Gold:  Technically now Gold is getting support at 26922 and below same could see a test of 26850 level, And resistance is now likely to be seen at 27054, a move above could see prices testing 27114.
Outlook: Gold trading range for the day is 26850-27114.
           
R2
R1
S1
S2
TREND
GOLD
31000
30650
30500
30000
SIDEWAYS
Silver: Technically market is under fresh selling as market has witnessed gain in open interest by 0.53% to settled at 14869 while prices down -375 rupee, now Silver is getting support at 38371 and below same could see a test of 38147 level, And resistance is now likely to be seen at 38992, a move above could see prices testing 39389.
Outlook:  Silver trading range for the day is 38147-39389.
           
R2
R1
S1
S2
TREND
SILVER
44250
44100
44000
43750
SIDEWAYS

1 comment:

  1. This is good for all traders and reliable for new investors. In time gold market has very fluctuated compare to silver. It fully depends on the economic condition of the market and its movements.

    Mcx Market Tips

    ReplyDelete