15 January 2018

COMMODITY TRADING TIPS FOR 15-16 JAN 2018

weekly CALL UPDATE:
GOLD HIT  TGT 29650 MADE HIGH OF 29749!!!
SILVER NEAR TGT 39500 MADE HIGH OF 39660 
Gold: Gold trading range for the day is 29900-29400. Gold is getting support at 29600 and below same could see a test of 29400 level, And resistance is now likely to be seen at 29750, a move above could see prices testing 29850,29900. Gold is trading into positive zone and traders can hold long positions until Gold closes below 29600 levels. Traders can initiate long  positions on every dips until Gold closes below  29600  levels.
           
R2
R1
S1
S2
TREND
GOLD
29900
29750
29600
29400
BULLISH
Silver: Silver trading range for the day is 40200-39000. Technically Silver is getting
support at 39300 and below same could see a test of 39000 level, And resistance is now likely to be seen at 39700, a move above could see prices testing 40200. Silver is trading into positive zone and traders can go long at every dips or hold long  positions until Silver closes below 39300  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40200
39700
39300
39000
  BULLISH

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