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Gold: Gold trading range for the day is 30500-30950. Gold is getting support at 30650 and below same could see a test of 30500 level, And resistance is now likely to be seen at 30800, a move above could see prices testing 30950. Gold is trading into negative zone and traders can hold short positions until Gold closes above 30800 levels. Traders can initiate short positions on every rise until Gold closes above 30800 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
GOLD
|
30950
|
30800
|
30650
|
30500
|
SIDEWAYS
|
Silver: Silver trading range for the day is 39000-38300. Technically Silver is getting
support at 38550 and below same could see a test of 38300 level, And resistance is now likely to be seen at 38750, a move above could see prices testing 39000. silver is trading into negative zone and traders can hold short positions until silver closes above 38750 levels. Traders can initiate short positions on every rise until silver closes above 38750 levels.
support at 38550 and below same could see a test of 38300 level, And resistance is now likely to be seen at 38750, a move above could see prices testing 39000. silver is trading into negative zone and traders can hold short positions until silver closes above 38750 levels. Traders can initiate short positions on every rise until silver closes above 38750 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
39000
|
38750
|
38550
|
38300
|
SIDEWAYS
|
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