BULLION OUTLOOK FOR 28-29 FEB 2017

yesterday’s CALL UPDATE:

GOLD ROCKS  HIT all TGT 29720!!

silver ROCKS HIT all TGT 43640 !!

Gold: Gold (29710): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 29432 levels. Traders can initiate fresh long positions on every dip until Gold Future closes below 29432 levels.

	R2	R1	S1		S2	TREND
GOLD	29650	29500	29200		29000	BULLISH

Silver: Silver (43424):  Analysis would remain same. Silver is still in positive zone and traders can buy at dips or hold long positions until Silver closes below 43034 levels. Traders can go short once Silver Future closes below 43034 levels.

	R2	R1	S1		S2	TREND
SILVER	43800	43500	43150		43000	BULLISH

CRUDEOIL: Crude (3623): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3668 levels.

	R2	R1	S1		S2	TREND
CRUDEOIL	3650	3630	3600		3550	SIDEWAYS