BUY GOLD FOR 10 JAN 2018

Gold: Gold trading range for the day is 29100-29360. Gold is getting support at 29190 and below same could see a test of 29090 level, And resistance is now likely to be seen at 29270, a move above could see prices testing 29360. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29190 levels. Traders can initiate long positions on every dip until Gold closes below  29190  levels.

	R2	R1	S1		S2	TREND
GOLD	30350	29270	29190		29000	BULLISH

Silver: Silver trading range for the day is 39300-38800. Technically Silver is getting support at 38950 and below same could see a test of 38800 level, And resistance is now likely to be seen at 39130, a move above could see prices testing 39300. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38800 levels.

	R2	R1	S1		S2	TREND
SILVER	39600	39250	38800		38600	BULLISH