23 March 2016


Happy holi to all. May this holi be filled with lots of colour.
GOLD ROCKS HIT TGT 29000 !!!!!!!!!!!!!!!!!!!
GOLD: The above is hourly chart of Gold. It suggests that prices are prices are making lower highs and lows. If it breaks 28800 in today's session then it could fall till 28420 levels. Momentum indicator RSI is suggesting weakness in the trend.
Call: Sell below 28800 with a SL 29060 levels for TGT of 28420 levels.
SILVER: The above is hourly chart of Silver. It suggests that prices are trading in mixed to firm note. However, it is expected to correct down till lower trend line support levels. On the upside, immediate resistance is located at 38300 levels.
Call: Sell around 37900 with a SL 38300 levels for TGT of 37450 levels.  

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