BULLION OUTLOOK FOR 13-14 SEP 2017

Gold: Gold trading range for the day is 30250-29800. Gold is getting support at 29950 and below same could see a test of 29800 level, And resistance is now likely to be seen at 30100, a move above could see prices testing 30250. Gold is trading into negative zone and traders can hold short positions until Gold closes above 30185 levels. Traders can initiate short positions on every rise until Gold closes above 30185 levels.

	R2	R1	S1		S2	TREND
GOLD	30250	30100	29950		28800	Bearish

Silver: Silver trading range for the day is 41700-41000. Technically Silver is getting support at 41300 and below same could see a test of 41000 level, And resistance is now likely to be seen at 41450, a move above could see prices testing 41700. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41100  levels.

	R2	R1	S1		S2	TREND
SILVER	41600	41450	41300		41100	Bearish