Gold: Gold trading range for the day is 28900-303300. 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 30250, a move above could see prices testing 30330. Gold is
trading into negative zone and traders can hold sell positions
until Gold closes above 30250 levels. Traders can initiate short positions
on every rise until Gold closes above 30330 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
30330
|
30250
|
29100
|
28900
|
Bearish
|
Silver: Silver
trading range for the day is 41000-417500. Technically Silver is getting
support at 41200 and below same could see a test of 41000 level, And resistance
is now likely to be seen at 41550, a move above could see prices testing 41470.
Silver is trading into negative zone and traders can go short at
every rise or hold short positions until Silver closes above 41470
levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
41470
|
41550
|
41200
|
41000
|
Bearish
|
No comments:
Post a Comment