BULLION OUTLOOK FOR 13-14 DEC 2016

NEW YEAR OFFER

HURRY UP!!

47% OFF

GET ANY PACKAGE (OPTION/CASH/STOCK FUTURE/NIFTY FUTURE/MCX) HALF YEARLY FOR@18500/- ONLY

OFFER valid till 31 DEC ONLY

 Call 07225909997,08109060248
or whatsapp 9424805124

BUY GOLD DEC @ 27500 SL 27400 TGT 27680-27820.

BUY SILVER DEC @ 41300 SL 41000 TGT 41580-41750.

Gold:  On daily chart, MCX Gold prices has observed Bullish Anti-Nen Star Harmonic pattern at 27415 levels. Furthermore, MCX Gold prices are trading above its 10 HEMA on hourly time frame. Moreover, Momentum Indicator RSI is trading above 50 levels hourly time frame which indicates positive momentum to the prices. For now we expect prices should move higher towards 27900 levels in the coming trading sessions.

Outlook: Technically market is under fresh buying as market has witnessed gain in open interest by 2.66% to settled at 6438 while prices up 90 rupee, now Gold is getting support at 27494 and below same could see a test of 27321 level, And resistance is now likely to be seen at 27761, a move above could see prices testing 27855.

	R2	R1	S1		S2	TREND
GOLD	27600	27500	27400		27300	SIDEWAYS

Silver: On hourly chart, MCX Silver prices are trading above its trend lien support on hourly time frame. Furthermore, COMEX Silver Prices observed breakout of its consolidation formation at $17.09 levels on hourly time frame. In Addition, MCX Silver prices are trading above its 200 HEMA on hourly time frame which indicates positive momentum to the prices. For now we expect prices to move higher towards 42400 levels in few trading sessions.

Outlook:  Technically market is under short covering as market has witnessed drop in open interest by -3.19% to settled at 12504 while prices up 503 rupee, now Silver is getting support at 41252 and below same could see a test of 40781 level, And resistance is now likely to be seen at 41997, a move above could see prices testing 42271.

	R2	R1	S1		S2	TREND
SILVER	41500	41300	41100		41000	SIDEWAYS