SELL
GOLD @ 28200 SL 28350 TGT 28050-27950.
SELL
SILVER @ 38000 SL 38350 TGT 37780-37500.
Gold: Gold is trading into negative zone and traders can
hold short positions until Gold closes above 28477 levels.
Traders can initiate short positions on every rise until Gold closes above 28477 levels. Gold trading range for the day is
27837-28545. Technically market is getting support at 27961 and below same could
see a test of 27837 level, And resistance is now likely to be seen at 28315, a
move above could see prices testing 28545.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
28226
|
28150
|
28050
|
27950
|
Bearish
|
Silver: Silver has
entered into negative zone and traders can go short at every
rise or hold short positions until Silver closes above 38344
levels. Silver trading range for the day is 37093-39181. Technically Silver is getting
support at 37460 and below same could see a test of 37093 level, And resistance
is now likely to be seen at 38504, a move above could see prices testing 39181.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
38000
|
37900
|
37700
|
37500
|
Bearish
|
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