BUY
GOLD 27950 SL 27770 TGT 28200-28350.
BUY
SILVER @ 38100 SL 37700 TGT 38300-38550.
Gold: Gold trading range for the day is 27862-28212. Technically market is
getting support at 27929 and below same could see a test of 27862 level, And
resistance is now likely to be seen at 28104, a move above could see prices
testing 28212. Gold is trading into
negative zone and traders can hold short positions until Gold closes
above 28226 levels. Traders can initiate short positions on every
rise until Gold closes above 28226 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
28226
|
28150
|
28050
|
27950
|
Bearish
|
Silver: Silver
trading range for the day is 37617-38457. Technically market is under fresh
buying and getting support at 37784 and below same could see a test of 37617
level, And resistance is now likely to be seen at 38204, a move above could see
prices testing 38457. Silver is trading into negative zone and
traders can go short at every rise or hold short positions until
Silver closes above 38506 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
38500
|
38300
|
38100
|
37900
|
Bearish
|
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