BUY
GOLD @ 28730 SL 27650 TGT 28870-29000.
BUY
SILVER 40100 SL 39800 TGT 40300-40500.
Gold: Gold trading range for the day is 28539-29087. Technically market is
getting support at 28640 and below same could see a test of 28539 level, And
resistance is now likely to be seen at 28914, a move above could see prices
testing 29087.Gold is trading into
positive zone and traders can hold long positions until Gold Future
closes below 28597 levels. Traders can initiate long positions on
every dip until Gold closes below 28624 levels.
|
R2
|
R1
|
S1
|
S2
|
TREND
|
|
GOLD
|
28800
|
28730
|
28600
|
28500
|
Bullish
|
Silver: Silver
trading range for the day is 39681-40771. . Technically Silver is getting
support at 39982 and below same could see a test of 39681 level, And resistance
is now likely to be seen at 40527, a move above could see prices testing 40771.
Silver is trading into positive zone and traders can go long at
every dip or hold long positions until Silver closes below 39745
levels.
|
R2
|
R1
|
S1
|
S2
|
TREND
|
|
SILVER
|
40300
|
40100
|
40000
|
39800
|
Bullish
|