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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