SELL GOLD 28350 SL 28510 TGT 28200-28100.
SELL SILVER 39200 SL 39500 TGT 38900-38700.
Gold: Gold trading range for the day is 27879-28199. Technically market is
getting support at 27936 and below same could see a test of 27879 level, And
resistance is now likely to be seen at 28096, a move above could see prices
testing 28199. Gold Future is trading into
negative zone and traders can hold short positions until Gold
Future closes above 28226 levels. Traders can initiate
short positions on every rise until Gold Future closes
above 28226 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
28420
|
28350
|
28250
|
28100
|
Bullish
|
Silver: Silver
trading range for the day is 37886-39192. Technically market is getting support
at 38194 and below same could see a test of 37886 level, And resistance is now
likely to be seen at 38847, a move above could see prices testing 39192. Silver
has entered into positive zone and traders can go long at every
dip or hold long positions until Silver closes below 38192
levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
39500
|
39200
|
38900
|
38500
|
Bullish
|
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