31 May 2017

BULLION OUTLOOK FOR 01- JUNE-2017

BUY GOLD @ 28730 SL 27650 TGT 28870-29000.

BUY SILVER 40100 SL 39800 TGT 40300-40500.

Gold: Gold trading range for the day is 28539-29087. Technically market is getting support at 28640 and below same could see a test of 28539 level, And resistance is now likely to be seen at 28914, a move above could see prices testing 29087.Gold is trading into positive zone and traders can hold long positions until Gold Future closes below 28597 levels. Traders can initiate long positions on every dip until Gold closes below 28624 levels.
           
R2
R1
S1
S2
TREND
GOLD
28800
28730
28600
28500
Bullish
Silver: Silver trading range for the day is 39681-40771. . Technically Silver is getting support at 39982 and below same could see a test of 39681 level, And resistance is now likely to be seen at 40527, a move above could see prices testing 40771. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39745  levels.

           
R2
R1
S1
S2
  TREND
SILVER
40300
40100
40000
39800
  Bullish

30 May 2017

BULLION OUTLOOK FOR 30-31 MAY 2017

BUY GOLD @ 28850 SL 28750 TGT 28980-29150.

BUY SILVER @ 40100 SL 39850 TGT 40380-40640.

Gold: Gold trading range for the day is 28782-29000. Technically Gold is getting support at 28841 and below same could see a test of 28782 level, And resistance is now likely to be seen at 28950, a move above could see prices testing 29000. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28597 levels. Traders can initiate long positions on every dip until Gold closes below 28624 levels.

           
R2
R1
S1
S2
TREND
GOLD
29000
28900
28800
28700
Bullish
Silver: Silver trading range for the day is 40001-40535. Technically Silver is getting support at 40169 and below same could see a test of 40001 level, And resistance is now likely to be seen at 40436, a move above could see prices testing 40535.
           
R2
R1
S1
S2
  TREND
SILVER
40300
40200
40000
39800
  Bullish

29 May 2017

weekly CALL UPDATE:
GOLD near HIT TGT 28950 MADE high OF 28900!!!
silver HIT all TGT 40100 MADE high OF 40195!!!
Gold: Gold trading range for the day is 28550-28820. Technically market is getting support at 28605 and below same could see a test of 28550 level, And resistance is now likely to be seen at 28740, a move above could see prices testing 28820. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28597 levels. Traders can initiate long positions on every dip until Gold closes below 28544 levels. 
           
R2
R1
S1
S2
TREND
GOLD
29000
28900
28750
28650
BULLISH
Silver: Silver trading range for the day is 39614-40084. Technically Silver is getting support at 39708 and below same could see a test of 39614 level, And resistance is now likely to be seen at 39943, a move above could see prices testing 40084. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39507  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40300
40200
40000
39800
  BULLISH

26 May 2017

WEEKLY BULLION OUTLOOK FOR 29 MAY-02 JUNE

yesterday’s CALL UPDATE:
GOLD HIT all TGT 28640 MADE low OF 28630!!!

BUY GOLD 28800 SL 28600 TGT 28950-29100

BUY SILVER 39900 SL 39500 TGT 40100-40250

Gold: Gold trading range for the day is 28550-28820. Technically market is getting support at 28605 and below same could see a test of 28550 level, And resistance is now likely to be seen at 28740, a move above could see prices testing 28820. Gold  is trading into positive zone and traders can hold long positions until Gold closes below 28597 levels. Traders can initiate long positions on every dip until Gold  closes below 28544 levels.
           
R2
R1
S1
S2
TREND
GOLD
28950
28850
28700
28500
Bullish
Silver: Silver trading range for the day is 39614-40084. Technically  Silver is getting support at 39708 and below same could see a test of 39614 level, And resistance is now likely to be seen at 39943, a move above could see prices testing 40084. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39348  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40200
40000
38800
38500
  Bullish

25 May 2017

BULLION OUTLOOK FOR 25-26 MAY 2017

SELL GOLD @ 28750 SL 28980 TGT 28640-28550

SELL SILVER @ 39800 SL 40050 TGT 39650-39550.

Gold: Gold trading range for the day is 28654-29014. Technically market is getting support at 28733 and below same could see a test of 28644 level, And resistance is now likely to be seen at 28913, a move above could see prices testing 29014. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28597 levels. Traders can initiate long positions on every dip until Gold Future closes below 28544 levels.
           
R2
R1
S1
S2
TREND
GOLD
28850
28770
28690
27650
Bearish
Silver: Silver trading range for the day is 39367-40541. Technically market is under short covering and getting support at 39663 and below same could see a test of 39367 level, And resistance is now likely to be seen at 40250, a move above could see prices testing 40541. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39310 levels.

24 May 2017

BULLION OUTLOOK FOR 24-25 MAY 2017

BUY GOLD @ 28700 SL 27550 TGT 28920-29100.

BUY SILVER @ 39650 SL 39400 TGT 39880-40100.

Gold: Gold trading range for the day is 28480-28952. Technically Gold is getting support at 28632 and below same could see a test of 28480 level, And resistance is now likely to be seen at 28868, a move above could see prices testing 28952. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28597 levels. Traders can initiate long positions on every dip until Gold closes below 28544 levels.

           
R2
R1
S1
S2
TREND
GOLD
28830
28750
28650
28550
Bearish
Silver: Silver trading range for the day is 38842-40436. Silver is getting support at 39358 and below same could see a test of 38842 level, And resistance is now likely to be seen at 40155, a move above could see prices testing 40436. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39310 levels. 
           
R2
R1
S1
S2
  TREND
SILVER
39900
39750
39500
39400
  Bearish