WEEKLY BULLION OUTLOOK FOR 27-30 JUNE 2017

BUY GOLD @ 28580 SL 28480 TGT 28680-28800

BUY SILVER @ 38100 SL 37900 TGT 38350-38560.

Gold: Gold trading range for the day is 28537-28795. Technically market is getting support at 28583 and below same could see a test of 28537 level, And resistance is now likely to be seen at 28712, a move above could see prices testing 28795. Gold  is trading into negative zone and traders can hold short positions until Gold Future closes above 28724 levels. Traders can initiate short positions on every rise until Gold  closes above 28724 levels.

	R2	R1	S1		S2	TREND
GOLD	28880	28750	28650		28580	BULLISH

Silver: Silver trading range for the day is 37851-38717. Technically  Silver is getting support at 38035 and below same could see a test of 37851 level, And resistance is now likely to be seen at 38468, a move above could see prices testing 38717. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38589  levels.

	R2	R1	S1		S2	TREND
SILVER	38700	38500	38300		38000	BULLISH