BULLION OUTLOOK FOR 26-27 FEB 2018

YESTERDAY’S CALL UPDATE:

GOLD HIT  TGT 30550 MADE HIGH OF 30644 !!!

silver HIT TGT 38550 MADE HIGH OF 38725 !!!

Gold: Gold trading range for the day is 30800-29750. Gold is getting support at 29900 and below same could see a test of 29750 level, And resistance is now likely to be seen at 30650, a move above could see prices testing 30800. Gold is trading into positive zone and traders can hold long positions until Gold closes below 29900 levels. Traders can initiate long  positions on every dips until Gold closes below  29900  levels.

	R2	R1	S1		S2	TREND
GOLD	30800	30650	29900		29750	BULLISH

Silver: Silver trading range for the day is 39000-38900. Technically Silver is getting support at 39250 and below same could see a test of 38900 level, And resistance is now likely to be seen at 39750, a move above could see prices testing 39000. Silver is trading into positive zone and traders can go long at every dips or hold long  positions until Silver closes below 39250  levels.

	R2	R1	S1		S2	TREND
SILVER	39000	38750	39250		38900	BULLISH