YESTERDAY'S GOLD ACHIEVED TARGET 30050 MADE HIGH OF 30119
BUY SILVER ABOVE 30100 TGT 30250/30350 SL 30800
Gold:Gold trading range for the day is 29724-30326.Gold gained as the U.S. dollar fell to fresh three-year lows, but an end to uncertainty
created by a three-day U.S. government shutdown capped gains.Technically market is under short covering as market has witnessed drop in open interest by -2.25% to settled at 5824 while prices up 77 rupees, now Gold is getting
support at 29918 and below same could see a test of 29724 level, And resistance is now likely to be seen at 30150, a move above could see prices testing 30326.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
GOLD
|
30326
|
30150
|
29918
|
29724
|
BULLISH
|
Silver: Silver trading range for the day is 38556-39524. Silver dropped as pressure seen
amid an end to uncertainty created by a three-day U.S. government shutdown capped gains.Technically market is under fresh selling as market has witnessed gain in open interest by 4.69% to settled at 18808 while prices down -246 rupees, now Silver is getting support at 38850 and below same could see a test of 38556 level, And resistance is now likely to be seen at 39350, a move above could see prices testing 39524.
amid an end to uncertainty created by a three-day U.S. government shutdown capped gains.Technically market is under fresh selling as market has witnessed gain in open interest by 4.69% to settled at 18808 while prices down -246 rupees, now Silver is getting support at 38850 and below same could see a test of 38556 level, And resistance is now likely to be seen at 39350, a move above could see prices testing 39524.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
39524
|
39350
|
38850
|
38556
|
BULLISH
|
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