BUY
GOLD 29100 SL 28900 TGT 29400-29500.MCX.
BUY
SILVER 39000 SL 38700 TGT 39400-39600.MCX
Gold: Gold trading range for the day is 28900-29400. Gold is getting support at
29100 and below same could see a test of 28900 level, And resistance is now likely
to be seen at 29300, a move above could see prices testing 29400. Gold is
trading into positive zone and traders can hold long positions
until Gold closes below 29100 levels. Traders can initiate
long positions on every dip until Gold closes below 29100
levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
29400
|
29300
|
29100
|
29000
|
Bearish
|
Silver: Silver
trading range for the day is 38800-39500. Technically Silver is getting support
at 39000 and below same could see a test of 38800 level, And resistance is now
likely to be seen at 39300, a move above could see prices testing 39500. Silver
is trading into positive zone and traders can go long at every
dip or hold long positions until Silver closes below 39000
levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
39500
|
39300
|
39000
|
38800
|
Bearish
|
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