BULLION OUTLOOK FOR 30-01 DEC 2017

Gold: Gold trading range for the day is 29400-29100. Gold is getting support at 29200 and below same could see a test of 29100 level, And resistance is now likely to be seen at 29300, a move above could see prices testing 29400. Gold is trading into a negative zone and traders can hold short positions until Gold closes above 29300 levels. Traders can initiate long positions on every dip until Gold closes below  29300  levels.

	R2	R1	S1		S2	TREND
GOLD	29400	29300	29200		29100	BEARISH

Silver: Silver trading range for the day is 38400-37000. Technically Silver is getting support at 37500 and below same could see a test of 37000 level, And resistance is now likely to be seen at 38100, a move above could see prices testing 38400. Silver is trading into a negative zone and traders can go short at near resistance levels or hold short positions until Silver closes above 38100  levels.

	R2	R1	S1		S2	TREND
SILVER	38400	38100	37500		37000	BEARISH

BULLION OUTLOOK FOR 26-27 NOV 2017

Gold: Gold trading range for the day is 29650-29300. Gold is getting support at 29400 and below same could see a test of 29300 level, And resistance is now likely to be seen at 29500, a move above could see prices testing 29650. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29400 levels. Traders can initiate long positions on every dip until Gold closes below  29400  levels.

	R2	R1	S1		S2	TREND
GOLD	29650	29500	29400		29300	BULLISH

Silver: Silver trading range for the day is 39600-38800. Technically Silver is getting support at 39100 and below same could see a test of 38800 level, And resistance is now likely to be seen at 39300, a move above could see prices testing 39600. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39000  levels.

	R2	R1	S1		S2	TREND
SILVER	39600	39300	39100		38800	BULLISH

BULLION OUTLOOK FOR 26-27 NOV 2017

Gold: Gold trading range for the day is 29700-29300. Gold is getting support at 29400 and below same could see a test of 29300 level, And resistance is now likely to be seen at 29500, a move above could see prices testing 29650. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29400 levels. Traders can initiate long positions on every dip until Gold closes below  29400  levels.

	R2	R1	S1		S2	TREND
GOLD	29650	29500	29400		29300	BULLISH

Silver: Silver trading range for the day is 39800-39000. Technically Silver is getting support at 39250 and below same could see a test of 39000 level, And resistance is now likely to be seen at 39450, a move above could see prices testing 39800. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39250  levels.

	R2	R1	S1		S2	TREND
SILVER	39800	39450	39250		39000	BULLISH

WEEKLY BULLION OUTLOOK FOR 24-25 NOV 2017

Gold: Gold trading range for the day is 29700-29300. Gold is getting support at 29400 and below same could see a test of 29300 level, And resistance is now likely to be seen at 29550, a move above could see prices testing 29700. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29300 levels. Traders can initiate long positions on every dip until Gold closes below  29300  levels.

	R2	R1	S1		S2	TREND
GOLD	29700	29550	29400		29300	BULLISH

Silver: Silver trading range for the day is 40100-39100. Technically Silver is getting support at 39350 and below same could see a test of 39100 level, And resistance is now likely to be seen at 39600, a move above could see prices testing 40100. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39300  levels.

	R2	R1	S1		S2	TREND
SILVER	40100	39600	39200		39000	BULLISH

BULLION OUTLOOK FOR 23-24 NOV 2017

Gold: Gold trading range for the day is 29650-29300. Gold is getting support at 29400 and below same could see a test of 29300 level, And resistance is now likely to be seen at 29540, a move above could see prices testing 29650. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29300 levels. Traders can initiate long positions on every dip until Gold closes below  29300  levels.

	R2	R1	S1		S2	TREND
GOLD	29650	29550	29400		29300	BULLISH

Silver: Silver trading range for the day is 40000-39100. Technically Silver is getting support at 39400 and below same could see a test of 39100 level, And resistance is now likely to be seen at 39600, a move above could see prices testing 40000. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39400  levels.

	R2	R1	S1		S2	TREND
SILVER	40300	39600	39400		39100	BULLISH

BULLION OUTLOOK FOR 22-23 NOV 2017

Gold: Gold trading range for the day is 29600-29120. Gold is getting support at 29280 and below same could see a test of 29120 level, And resistance is now likely to be seen at 29450, a move above could see prices testing 29600. Gold is trading into a negative zone and traders can hold short positions until Gold closes above 29500 levels. Traders can initiate long positions on every dip until Gold closes below  29000  levels.

	R2	R1	S1		S2	TREND
GOLD	29600	29450	29280		29120	BEARISH

Silver: Silver trading range for the day is 40000-39000. Technically Silver is getting support at 39250 and below same could see a test of 39000 level, And resistance is now likely to be seen at 39500, a move above could see prices testing 40000. Silver is trading into a negative zone and traders can go short at near resistance levels or hold short positions until Silver closes above 39500  levels.

	R2	R1	S1		S2	TREND
SILVER	40000	39500	39250		39000	BEARISH