SELL GOLD 30100 SL 30350 TGT 29900-29800.
SELL SILVER 41400 SL 40650 TGT 41200-41000.
Gold: Gold trading range for the day is 30300-29800. Gold is getting support at 30100 and below same could see a test of 29800 level, And resistance is now likely to be seen at 30200, a move above could see prices testing 30500. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 30200 levels. Traders can initiate short positions on every rise until Gold closes above 30200 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
GOLD
|
30500
|
30300
|
30100
|
29800
|
Bearish
|
Silver: Silver trading range for the day is 41600-41000. Technically Silver is getting support at 41100 and below same could see a test of 40800 level, And resistance is now likely to be seen at 41400, a move above could see prices testing 41600. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 41400 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
41600
|
41400
|
41100
|
40800
|
Bearish
|
No comments:
Post a Comment