BUY
GOLD @ 28700 SL 27550 TGT 28920-29100.
BUY
SILVER @ 39650 SL 39400 TGT 39880-40100.
Gold: Gold trading range for the day is 28480-28952. Technically Gold is
getting support at 28632 and below same could see a test of 28480 level, And
resistance is now likely to be seen at 28868, a move above could see prices
testing 28952. Gold is trading into
positive zone and traders can hold long positions until Gold closes
below 28597 levels. Traders can initiate long positions on every
dip until Gold closes below 28544 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
28830
|
28750
|
28650
|
28550
|
Bearish
|
Silver: Silver
trading range for the day is 38842-40436. Silver is getting support at 39358
and below same could see a test of 38842 level, And resistance is now likely to
be seen at 40155, a move above could see prices testing 40436. Silver is
trading into positive zone and traders can go long at every
dip or hold long positions until Silver closes below 39310 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
39900
|
39750
|
39500
|
39400
|
Bearish
|
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