2 February 2018

BULLION TRADING RANGE FOR 05-09 FEB 2018


YESTERDAY’S CALL UPDATE:
GOLD HIT  TGT 30500 MADE HIGH OF 30639!!!
SILVER HIT BUY TGT 39600 MADE HIGH OF 39615
Gold: Gold trading range for the day is 30900-30200. Gold is getting support at 30450 and below same could see a test of 30200 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 30450 levels. Traders can initiate long  positions on every dips until Gold closes below  30450  levels.
           
R2
R1
S1
S2
TREND
GOLD
30800
30650
30450
30200
BULLISH
Silver: Silver trading range for the day is 40000-38900. Technically Silver is getting support at 39300 and below same could see a test of 38900 level, And resistance is now likely to be seen at 39650, a move above could see prices testing 39900. 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
39900
39650
39300
38900
  BULLISH

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