BUY
GOLD @ 27750 SL 27600 TGT 27880-28000.
BUY
SILVER @ 36600 SL 36350 TGT 36950-37200.
Gold: Gold trading range for the day is 27602-27986. Technically, Gold is
getting support at 27840 and below same could see a test of 27650 level, And
resistance is now likely to be seen at 27900, a move above could see prices
testing 27986. Gold is trading into
negative zone and traders can hold short positions until Gold closes
above 27937 levels. Traders can initiate short positions on every
rise until Gold closes above 28000 levels
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
28000
|
27900
|
27840
|
27650
|
Bullish
|
Silver: Silver
trading range for the day is 37300-36800. Technically , Silver is getting
support at 36780 and below same could see a test of 35650 level, And resistance
is now likely to be seen at 37030, a move above could see prices testing 37316.
Silver has entered into positive zone and traders can go long at
every dip or hold long positions until Silver closes below 36500 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
37250
|
37000
|
36780
|
36500
|
Bullish
|
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