22 January 2018

COMMODITY TRADING TIPS FOR 22-23 JAN 2018

BUY GOLD ABOVE 29850 TGT 29950/30050 SL 29700
BUY SILVER ABOVE 39100 TGT 39250/39350 SL 38800 
Gold: Gold trading range for the day is 29950-29600. Gold is getting support at 29700 and below same could see a test of 29600 level, And resistance is now likely to be seen at 29850, a move above could see prices testing 29950. Gold is trading into SIDEWAYS zone and traders can hold long positions until Gold closes below 29700 levels. below  29700  levels could see price testing 29600.
           
R2
R1
S1
S2
TREND
GOLD
29950
29850
29700
29600
BULLISH
Silver: Silver trading range for the day is 39250-38600. Technically Silver is getting
support at 38800 and below same could see a test of 38600 level, And resistance is now likely to be seen at 39100, a move above could see prices testing 39250. Silver is trading into positive zone and traders can go long at every dips or hold long  positions until Silver closes below 38800  levels. and below 38800 silver could see price testing near 38600.
           
R2
R1
S1
S2
  TREND
SILVER
39250
39100
38800
38600
  BULLISH

1 comment:

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