YESTERDAY’S GOLD HIT TGT 29800
call
given on 12 sep: silver HIT TGT 40900
Gold: Gold trading range for the day is 30000-29600. Gold is getting support at
29800 and below same could see a test of 29600 level, And resistance is now likely
to be seen at 30000, a move above could see prices testing 30200. Gold is
trading into negative zone and traders can hold sell positions
until Gold closes above 30000 levels. Traders can initiate short positions
on every rise until Gold closes above 30000 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
30200
|
30000
|
29800
|
29600
|
Bearish
|
Silver: Silver
trading range for the day is 41100-40600. Technically Silver is getting support
at 40800 and below same could see a test of 40600 level, And resistance is now
likely to be seen at 41100, a move above could see prices testing 41300. Silver
is trading into negative zone and traders can go short at every rise
or hold short positions until Silver closes above 41100 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
41300
|
41100
|
40800
|
40500
|
Bearish
|
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