BUY GOLD ABOVE 29850 TGT 29950/30050 SL 29700
BUY SILVER ABOVE 39100 TGT 39250/39350 SL 38800
Gold: Gold trading range for the day is 29950-29600. Gold is getting support at 29700 and below same could see a test of 29600 level, And resistance is now likely to be seen at 29850, a move above could see prices testing 29950. Gold is trading into SIDEWAYS zone and traders can hold long positions until Gold closes below 29700 levels. below 29700 levels could see price testing 29600.
R2
|
R1
|
S1
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S2
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TREND
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GOLD
|
29950
|
29850
|
29700
|
29600
|
BULLISH
|
Silver: Silver trading range for the day is 39250-38600. Technically Silver is getting
support at 38800 and below same could see a test of 38600 level, And resistance is now likely to be seen at 39100, a move above could see prices testing 39250. Silver is trading into positive zone and traders can go long at every dips or hold long positions until Silver closes below 38800 levels. and below 38800 silver could see price testing near 38600.
support at 38800 and below same could see a test of 38600 level, And resistance is now likely to be seen at 39100, a move above could see prices testing 39250. Silver is trading into positive zone and traders can go long at every dips or hold long positions until Silver closes below 38800 levels. and below 38800 silver could see price testing near 38600.
R2
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R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
39250
|
39100
|
38800
|
38600
|
BULLISH
|
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