BUY
GOLD @ 29000 SL 28850 TGT 29260-29360.
BUY
SILVER @ 40050 SL 39800 TGT 40420-40660.
Gold: Gold trading range for the day is 28776-29278. Technically market is
getting support at 28935 and below same could see a test of 28776 level, And
resistance is now likely to be seen at 29186, a move above could see prices
testing 29278. Gold Future 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
Future closes below 28624 levels.
|
|
R2
|
R1
|
S1
|
S2
|
TREND
|
|
|
GOLD
|
28900
|
28700
|
28600
|
28500
|
Bullish
|
Silver: Silver
trading range for the day is 39729-40459. Technically market is getting support
at 39913 and below same could see a test of 39729 level, And resistance is now
likely to be seen at 40278, a move above could see prices testing 40459. 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
|
40000
|
39800
|
39500
|
39300
|
Bullish
|
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