WEEKLY BULLION TRADING TIPS FOR 05-09 MARCH 2018

YESTERDAY’S SELL CALL UPDATE:

SILVER  HIT TGT 38600 MADE HIGH OF 38650!!!

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Gold: Gold trading range for the day is 30500-30050. Gold is getting support at 30200 and below same could see a test of 30050 level, And resistance is now likely to be seen at 30350, a move above could see prices testing 30500. Gold is trading into negative zone and traders can hold short positions until Gold closes above 30350 levels. Traders can initiate short positions on every rise until Gold closes above  30350  levels.

	R2	R1	S1		S2	TREND
GOLD	30500	30250	30200		30050	Bearish

Silver: Silver trading range for the day is 38850-38000. Technically Silver is getting
support at 38450 and below same could see a test of 38100 level, And resistance is now likely to be seen at 38650, a move above could see prices testing 38850. silver is trading into negative zone and traders can hold short positions until silver closes above 38650 levels. Traders can initiate short positions on every rise until silver closes above  38650  levels.

	R2	R1	S1		S2	TREND
SILVER	38850	38650	38450		38100	Bearish