BUY
GOLD @ 29400 SL 29380 TGT 29620-29740.
BUY
SILVER @ 40500 SL 40350 TGT 40700-40980.
Gold: Gold trading range for the day is 29172-29782. Technically market is
getting support at 29369 and below same could see a test of 29172 level, And
resistance is now likely to be seen at 29674, a move above could see prices
testing 29782. Gold is trading into positive zone and traders
can hold long positions until Gold closes below 29155 levels. Traders
can initiate long positions on every dip until Gold closes below
29155 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
29650
|
29500
|
29300
|
29150
|
BULLISH
|
Silver: Silver
trading range for the day is 40300-41080. Technically Silver is getting support
at 40538 and below same could see a test of 40300 level, And resistance is now likely
to be seen at 40928, a move above could see prices testing 41080. Silver is
trading into positive zone and traders can go long at every
dip or hold long positions until Silver closes below 40171
levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
41000
|
40600
|
40400
|
40100
|
BULLISH
|
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