GOLD
HIT TGT 28550 MADE low OF 28508 !!!
silver
HIT all TGT 38550 MADE low OF 38133!!!
SELL
GOLD @ 28650 SL 28750 TGT 28550-28450.
SELL
SILVER @ 38500 SL 38750 TGT 38150-37950.
Gold: Gold is trading into negative zone and traders can hold
short positions until Gold closes above 28821 levels. Traders can
initiate short positions on every rise until Gold closes
above 28821 levels. Technically market is getting support at 28496
and below same could see a test of 28449 level, And resistance is now likely to
be seen at 28620, a move above could see prices testing 28697.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
28700
|
28600
|
28500
|
28449
|
Bearish
|
Silver: Silver is
trading into negative zone and traders can go short at every
rise or hold short positions until Silver closes above 38949
levels. Silver trading range for the day is 37940-38554. Technically
Silver is getting support at 38054 and below same could see a test of 37940
level, And resistance is now likely to be seen at 38361, a move above could see
prices testing 38554.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
38600
|
38400
|
38200
|
37900
|
Bearish
|
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