15 February 2018

BULLION TRADING RANGE FOR 15-16 FEB 2018


YESTERDAY’S CALL UPDATE:
silver HIT TGT 38550 MADE HIGH OF 38840 !!
Gold: Gold trading range for the day is 30780-30450. Gold is getting support at 30550 and below same could see a test of 30450 level, And resistance is now likely to be seen at 30680, a move above could see prices testing 30780. Gold is trading into positive zone and traders can hold long positions until Gold closes below 30550 levels. Traders can initiate long  positions on every dips until Gold closes below  30500  levels.
           
R2
R1
S1
S2
TREND
GOLD
30780
30680
30550
30450
BULLISH
Silver: Silver trading range for the day is 39050-38400. Technically Silver is getting support at 38600 and below same could see a test of 38400 level, And resistance is now likely to be seen at 38850, a move above could see prices testing 39050. Silver is trading into positive zone and traders can go long at every dips or hold long  positions until Silver closes below 38600  levels.
           
R2
R1
S1
S2
  TREND
SILVER
39050
38850
38600
38400
  BULLISH

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