Gold: Gold trading range for the day is 29400-29050. Gold is getting support at 29150 and below same could see a test of 29050 level, And resistance is now likely to be seen at 29300, a move above could see prices testing 29400. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29150 levels. Traders can initiate long positions on every dip until Gold closes below 29150 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
GOLD
|
30400
|
29300
|
29150
|
29000
|
BULLISH
|
Silver: Silver trading range for the day is 39600-38900. Technically Silver is getting support at 39100 and below same could see a test of 38900 level, And resistance is now likely to be seen at 39300, a move above could see prices testing 39600. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39000 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
39600
|
39300
|
39000
|
38600
|
BULLISH
|
CRUDE OIL: The crude oil trading range for the day is 3970-3850. Technically crude oil is
getting support at 3880 and below same could see a test of 3850 level, And resistance is now likely to be seen at 3930, a move above could see prices testing 3970. Crude oil is trading into a positive zone and traders can go long at every dip or hold long positions until crude oil closes below 3880 levels.
getting support at 3880 and below same could see a test of 3850 level, And resistance is now likely to be seen at 3930, a move above could see prices testing 3970. Crude oil is trading into a positive zone and traders can go long at every dip or hold long positions until crude oil closes below 3880 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
CRUDEOIL
|
3970
|
3930
|
3880
|
3840
|
SIDEWAYS
|
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