Gold: Gold trading range for the day is 30800-29000. Gold is getting support at
30000 and below same could see a test of 29000 level, And resistance is now likely
to be seen at 30170, a move above could see prices testing 30800. Gold is
trading into positive zone and traders can hold long positions
until Gold closes below 30000 levels. Traders can initiate long positions
on every dips until Gold closes below 30000 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
30800
|
30170
|
30000
|
29000
|
BULLISH
|
Silver: Silver
trading range for the day is 40500-38000. Technically Silver is getting support
at 39000 and below same could see a test of 38000 level, And resistance is now
likely to be seen at 39320, a move above could see prices testing 40000. Silver
is trading into positive zone and traders can go long at every dips
or hold long positions until Silver closes below 39000 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
40500
|
39320
|
39000
|
38000
|
BULLISH
|
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