YESTERDAY’S CALL UPDATE:

GOLD HIT all TGT 29280 MADE HIGH OF 29330

silver HIT all TGT 42880 MADE HIGH OF 42929

SELL GOLD @ 29300 SL 29450 TGT 29200-29000.

SELL SILVER @ 42900 SL 43100 TGT 42680-42500.

Gold: Gold trading range for the day is 28822-29262.Technically market is under fresh selling as market has witnessed gain in open interest by 1.62% to settled at 6601 while prices down -20 rupees, now Gold is getting support at 28911 and below same could see a test of 28822 level, And resistance is now likely to be seen at 29131, a move above could see prices testing 29262.

	R2	R1	S1		S2	TREND
GOLD	29500	29350	29250		29150	BEARISH

Silver: Silver trading range for the day is 41864-43196. Technically market is under short covering as market has witnessed drop in open interest by -1.95% to settled at 11776 while prices up 58 rupees, now Silver is getting support at 42172 and below same could see a test of 41864 level, And resistance is now likely to be seen at 42838, a move above could see prices testing 43196.

	R2	R1	S1		S2	TREND
SILVER	43200	43050	42900		42500	BEARISH