1 February 2018

BULLION TRADING RANGE FOR 02 FEB 2018


YESTERDAY’S CALL UPDATE:
GOLD HIT  TGT 30170 MADE HIGH OF 30350!!!
silver HIT BUY TGT 39320 MADE HIGH OF 39580 
Gold: Gold trading range for the day is 30500-29700. Gold is getting support at 29900 and below same could see a test of 29700 level, And resistance is now likely to be seen at 30350, a move above could see prices testing 30500. 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
30500
30350
29900
29700
BULLISH
Silver: Silver trading range for the day is 30900-38900. 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 39600, a move above could see prices testing 30900. 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
39900
39600
39250
38900
  BULLISH

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