21 September 2017

BULLION OULTOOK FOR 21-22 SEP 2017

YESTERDAY’CALL UPDATE:
GOLD HIT ALL TGT 29450 MADE LOW OF 29443!!!
SILVER HIT ALL TGT 39800 MADE LOW OF 39515!!!
Gold: Gold trading range for the day is 29700-29200. Gold is getting support at 29400 and below same could see a test of 29200 level, And resistance is now likely to be seen at 29650, a move above could see prices testing 29800. 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
29800
29650
29400
29200
Bearish
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 40100, a move above could see prices testing 40200. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40200  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40200
40100
39500
39200
  Bearish

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