16 March 2017

YESTERDAY’S CALL UPDATE:

GOLD HIT all TGT 28200 MADE HIGH OF 28455

silver almost HIT TGT 39800 MADE HIGH OF 39827
Gold: Gold Future is trading in negative zone and traders can hold short positions until Gold Future closes above 28200 levels. Traders can initiate short positions on every rise until Gold Future closes above 28200 levels. Technically market is getting support at 27910 and below same could see a test of 27835 level, And resistance is now likely to be seen at 28057, a move above could see prices testing 28129. 
           
R2
R1
S1
S2
TREND
GOLD
28650
28500
28300
28200
SIDEWAYS
Silver: Silver trading range for the day is 39682-40298.Silver is trading into negative zone and traders can short at every rise or hold short positions until Silver closes above 40486 levels. Traders can go long once Silver Future closes above 40486 levels. Technically market is getting support at 39864 and below same could see a test of 39682 level, And resistance is now likely to be seen at 40172, a move above could see prices testing 40298.
           
R2
R1
S1
S2
  TREND
SILVER
41300
41100
41000
40800
  SIDEWAYS

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