20 April 2017

BULLION OUTLOOK FOR 20-21 APRIL 2017

yesterday’s CALL UPDATE:silver HIT TGT 41720

BUY GOLD @ 29220 SL 29000 TGT 29300-29400.

 BUY SILVER @ 41900 SL 41700 TGT 42100-42300.

Gold: Gold  is trading into positive zone and traders can hold long positions until Gold closes below 29177 levels. Traders can initiate long positions on every dip until Gold  closes below 29177 levels. We expect gold prices to trade sideways on the back of profit booking after up-move.

           
R2
R1
S1
S2
TREND
GOLD
29400
29300
29100
29000
BULLISH
Silver: Silver has entered into negative zone and traders can go short at every dip or hold short positions until Silver closes above 42497 levels. We expect silver prices to trade sideways on the back of profit booking after up-move.
           
R2
R1
S1
S2
  TREND
SILVER
42200
42000
41800
41500
  BULLISH

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