BULLION OUTLOOK FOR 01-05 JAN 2018

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Gold: Gold trading range for the day is 29250-28850. Gold is getting support at 28950 and below same could see a test of 28850 level, And resistance is now likely to be seen at 29100, a move above could see prices testing 29300. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 28950 levels. Traders can initiate long positions on every dip until Gold closes below  28950  levels.

	R2	R1	S1		S2	TREND
GOLD	29250	29100	28950		28850	BULLISH

Silver: Silver trading range for the day is 39400-38500. Technically Silver is getting support at 38740 and below same could see a test of 38500 level, And resistance is now likely to be seen at 38900, a move above could see prices testing 39400. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38740  levels.

	R2	R1	S1		S2	TREND
SILVER	40000	39750	38740		38500	BULLISH

BULLION OUTLOOK FOR 28-29 DECB 2017

yesterday’s CALL UPDATE:

GOLD achieved TGT 29050

silver achieved TGT 38900

Gold: Gold trading range for the day is 29250-28850. Gold is getting support at 28950 and below same could see a test of 28850 level, And resistance is now likely to be seen at 29100, a move above could see prices testing 29250. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 28950 levels. Traders can initiate long positions on every dip until Gold closes below  28950  levels.

	R2	R1	S1		S2	TREND
GOLD	29250	29100	28950		28850	BULLISH

Silver: Silver trading range for the day is 39250-38500. Technically Silver is getting support at 38740 and below same could see a test of 38500 level, And resistance is now likely to be seen at 38950, a move above could see prices testing 39250. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38740  levels.

	R2	R1	S1		S2	TREND
SILVER	40000	39750	38740		38500	BULLISH

BULLION OUTLOOK FOR 27-28 DEC 2017

Gold: Gold trading range for the day is 29650-29050. Gold is getting support at 29650 and below same could see a test of 29500 level, And resistance is now likely to be seen at 28950, a move above could see prices testing 29050. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 28650 levels. Traders can initiate long positions on every dip until Gold closes below  29500  levels.

	R2	R1	S1		S2	TREND
GOLD	29050	28950	29650		29500	BULLISH

Silver: Silver trading range for the day is 37600-38800. Technically Silver is getting support at 37900 and below same could see a test of 37600 level, And resistance is now likely to be seen at 38600, a move above could see prices testing 38800. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 37950  levels.

	R2	R1	S1		S2	TREND
SILVER	38900	38600	37950		37800	BULLISH

BULLION OUTLOOK FOR 26-27 DEC 2017

Gold: Gold trading range for the day is 28700-28600. Gold is getting support at 28650 and below same could see a test of 28500 level, And resistance is now likely to be seen at 28800, a move above could see prices testing 28950. Gold is trading into the negative zone and traders can hold short positions until Gold closes above 29000 levels. Traders can initiate short positions on every rise until Gold closes above 29000  levels.

	R2	R1	S1		S2	TREND
GOLD	29070	29000	28650		28500	Bearish

Silver: Silver trading range for the day is 38300-37700. Technically Silver is getting support at 37950 and below same could see a test of 37700 level, And resistance is now likely to be seen at 38150, a move above could see prices testing 38300. Silver is trading into the negative zone and traders can go short at every rise or hold short positions until Silver closes above 38150  levels.

	R2	R1	S1		S2	TREND
SILVER	38300	38150	37950		37700	Bearish

BULLION OUTLOOK FOR 30-01 DEC 2017

Gold: Gold trading range for the day is 29400-29100. Gold is getting support at 29200 and below same could see a test of 29100 level, And resistance is now likely to be seen at 29300, a move above could see prices testing 29400. Gold is trading into a negative zone and traders can hold short positions until Gold closes above 29300 levels. Traders can initiate long positions on every dip until Gold closes below  29300  levels.

	R2	R1	S1		S2	TREND
GOLD	29400	29300	29200		29100	BEARISH

Silver: Silver trading range for the day is 38400-37000. Technically Silver is getting support at 37500 and below same could see a test of 37000 level, And resistance is now likely to be seen at 38100, a move above could see prices testing 38400. Silver is trading into a negative zone and traders can go short at near resistance levels or hold short positions until Silver closes above 38100  levels.

	R2	R1	S1		S2	TREND
SILVER	38400	38100	37500		37000	BEARISH

BULLION OUTLOOK FOR 26-27 NOV 2017

Gold: Gold trading range for the day is 29650-29300. Gold is getting support at 29400 and below same could see a test of 29300 level, And resistance is now likely to be seen at 29500, a move above could see prices testing 29650. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29400 levels. Traders can initiate long positions on every dip until Gold closes below  29400  levels.

	R2	R1	S1		S2	TREND
GOLD	29650	29500	29400		29300	BULLISH

Silver: Silver trading range for the day is 39600-38800. Technically Silver is getting support at 39100 and below same could see a test of 38800 level, And resistance is now likely to be seen at 39300, a move above could see prices testing 39600. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39000  levels.

	R2	R1	S1		S2	TREND
SILVER	39600	39300	39100		38800	BULLISH