BULLION OUTLOOK FOR 13-17 NOV 2017

Gold: Gold trading range for the day is 29750-29400. Gold is getting support at 29500 and below same could see a test of 29400 level, And resistance is now likely to be seen at 29650, a move above could see prices testing 29750. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29500 levels. Traders can initiate long positions on every dip until Gold closes below  29500  levels.

	R2	R1	S1		S2	TREND
GOLD	29800	29650	29500		29300	BULLISH

Silver: Silver trading range for the day is 40000-39300. Technically Silver is getting support at 39500 and below same could see a test of 39300 level, And resistance is now likely to be seen at 39780, 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 39500  levels.

	R2	R1	S1		S2	TREND
SILVER	40000	39780	39500		39200	BULLISH