Gold: Gold trading range for the day is 30000-29700. Gold is getting support at 29800 and below same could see a test of 29650 level, And resistance is now likely to be seen at 30000, a move above could see prices testing 30150. 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
|
30150
|
30000
|
29800
|
29650
|
Bearish
|
Silver: Silver trading range for the day is 41000-40000. Technically Silver is getting support at 40300 and below same could see a test of 40000 level, And resistance is now likely to be seen at 40600, a move above could see prices testing 41000. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 41000 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
41200
|
41000
|
40300
|
40000
|
Bearish
|
No comments:
Post a Comment