BUY
GOLD 30200 SL 30350 TGT 30500-30600.
BUY
SILVER 41700 SL 41400 TGT 41950-42200.
Gold: Gold trading range for the day is 30600-29800. Gold is getting support at
30000 and below same could see a test of 29800 level, And resistance is now likely
to be seen at 30300, a move above could see prices testing 30600.Gold Future is
trading into positive zone and traders can hold long positions
until Gold closes below 29898 levels. Traders can initiate
long positions on every dip until Gold closes below 29898 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
30650
|
30500
|
30000
|
29800
|
Bullish
|
Silver: Silver
trading range for the day is 42200-41500. Technically Silver is getting support
at 41700 and below same could see a test of 41500 level, And resistance is now
likely to be seen at 41900, a move above could see prices testing 42200. Silver
is trading into positive zone and traders can go long at every
dip or hold long positions until Silver closes below 40859
levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
42200
|
41900
|
41700
|
41500
|
Bullish
|
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