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Gold: Gold trading range for the day is 30500-30950. Gold is getting support at 30750 and below same could see a test of 30600 level, And resistance is now likely to be seen at 30870, a move above could see prices testing 30950. Gold is trading into negative zone and traders can hold short positions until Gold closes above 30870 levels. Traders can initiate short positions on every rise until Gold closes above 30870 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
GOLD
|
30950
|
30870
|
30750
|
30500
|
SIDEWAYS
|
Silver: Silver trading range for the day is 39150-38450. Technically Silver is getting
support at 38700 and below same could see a test of 38450 level, And resistance is now likely to be seen at 38900, a move above could see prices testing 39150. silver is trading into negative zone and traders can hold short positions until silver closes above 38900 levels. Traders can initiate short positions on every rise until silver closes above 38900 levels.
support at 38700 and below same could see a test of 38450 level, And resistance is now likely to be seen at 38900, a move above could see prices testing 39150. silver is trading into negative zone and traders can hold short positions until silver closes above 38900 levels. Traders can initiate short positions on every rise until silver closes above 38900 levels.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
39150
|
38900
|
38700
|
38450
|
SIDEWAYS
|
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