BULLION OUTLOOK FOR 24-25 JULY 2017

weekly CALL UPDATE:

GOLD HIT all TGT 28500 MADE high OF 28594!!!

silver HIT all TGT 38100 MADE high OF 38269!!!

Gold: Gold trading range for the day is 28600-28430. Gold is getting support at 28500 and below same could see a test of 28000 level, And resistance is now likely to be seen at 28600, a move above could see prices testing 28750. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28500 levels. Traders can initiate long positions on every dip until Gold closes below 28000 levels.

	R2	R1	S1		S2	TREND
GOLD	28500	28400	28250		28000	Bearish

Silver: Silver trading range for the day is 38500-37900. Technically Silver is getting support at 37900 and below same could see a test of 37500 level, And resistance is now likely to be seen at 38000, a move above could see prices testing 38300. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 37700  levels.

	R2	R1	S1		S2	TREND
SILVER	38300	38000	37700		37300	Bearish