BULLION OUTLOOK FOR 01 JUNE 2018

29 MAY 2018 SILVER SELL CALL HIT TGT 39700 MADE A LOW OF 39650

Gold: Gold trading range for the day is 31300-30850. Gold is getting support at 31000 and below same could see a test of 30850 level, And resistance is now likely to be seen at 31150, a move above could see prices testing 31300 . 

	R2	R1	S1		S2	TREND
GOLD	31300	31150	31000		30850	SIDEWAYS

Silver:Silver trading range for the day is 40400-39400. Technically Silver is getting support at 39650 and below same could see a test of 39400 level, And resistance is now likely to be

BULLION OUTLOOK FOR 30 MAY 2018

YESTERDAY'S GOLD BUY CALL HIT TGT 31250 MADE A HIGH OF 31325

Gold: Gold trading range for the day is 31500-30850. Gold is getting support at 31000 and below same could see a test of 30850 level, And resistance is now likely to be seen at 31350, a move above could see prices testing 31500 . 

	R2	R1	S1		S2	TREND
GOLD	31500	31350	31000		30850	SIDEWAYS

Silver:Silver trading range for the day is 40500-39600. Technically Silver is getting support at 39950 and below same could see a test of 39700 level, And resistance is now likely to be

BULLION OUTLOOK FOR 29 MAY

WEEKLY CALL UPDATE:GIVEN ON 25 MAY 

GOLD NEAR TGT 30800 MADE A LOW OF 30888 !! 

SILVER HIT TGT 40000 MADE A LOW OF 39824 !!

Gold: Gold trading range for the day is 31250-30650. Gold is getting support at 30850 and below same could see a test of 30650 level, And resistance is now likely to be seen at 31000, a move above could see prices testing 31250 . 

	R2	R1	S1		S2	TREND
GOLD	31250	31000	30850		30600	SIDEWAYS

Silver:Silver trading range for the day is 40350-39500. Technically Silver is getting support at 39800 and below same could see a test of 39500 level, And resistance is now likely to be

WEEKLY BULLION OUTLOOK FOR 28 MAY - 01 JUNE 2018

Gold: Gold trading range for the day is 31750-30800. Gold is getting support at 31100 and below same could see a test of 30800 level, And resistance is now likely to be seen at 31450, a move above could see prices testing 31750 . Prices possibly to rebound higher towards the upside trend line objective of 31600/31780. While in this positive note, fall below the exponential moving average support of 30800 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31750	31450	31100		30800	SIDEWAYS

Silver:Silver trading range for the day is 41250-40000. Technically Silver is getting support at 40500 and below same could see a test of 40000 level, And resistance is now likely to be

BULLION OUTLOOK FOR 25 MAY 2018

Gold: Gold trading range for the day is 31500-31000. Gold is getting support at 31200 and below same could see a test of 31050 level, And resistance is now likely to be seen at 31350, a move above could see prices testing 31500 . Prices possibly to rebound higher towards the upside trend line objective of 31500/31580. While in this positive note, fall below the exponential moving average support of 30900 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31510	31350	31200		31050	SIDEWAYS

Silver:Silver trading range for the day is 40850-40050. Technically Silver is getting support at 40300 and below same could see a test of 40050 level, And resistance is now likely to be

BULLION OUTLOOK FOR 24 MAY 2018

Gold: Gold trading range for the day is 31510-30900. Gold is getting support at 31050 and below same could see a test of 30900 level, And resistance is now likely to be seen at 31360, a move above could see prices testing 31510 . Prices possibly to rebound higher towards the upside trend line objective of 31500/31580. While in this positive note, fall below the exponential moving average support of 30850 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31510	31360	31050		30900	SIDEWAYS

Silver:Silver trading range for the day is 40850-40150. Technically Silver is getting support at 40400 and below same could see a test of 40150 level, And resistance is now likely to be

BULLION OUTLOOK FOR 23 MAY 2018

18 may 2018 CALL UPDATE:
silver HIT TGT 40450 MADE HIGH OF 40565

gold HIT TGT 31150 MADE HIGH OF 31155

Gold: Gold trading range for the day is 31380-30820. Gold is getting support at 30950 and below same could see a test of 30820 level, And resistance is now likely to be seen at 31160, a move above could see prices testing 31380 . Prices possibly to rebound higher towards the upside trend line objective of 31300/31380. While in this positive note, fall below the exponential moving average support of 30800 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31380	31160	30950		30820	SIDEWAYS

Silver:Silver trading range for the day is 40850-39950. Technically Silver is getting support at 40200 and below same could see a test of 39950 level, And resistance is now likely to be

WEEKLY BULLION OUTLOOK FOR 21-25 MAY 2018

Gold: Gold trading range for the day is 31150-30800. Gold is getting support at 30940 and below same could see a test of 30800 level, And resistance is now likely to be seen at 31050, a move above could see prices testing 31150 . Prices possibly to rebound higher towards the upside trend line objective of 31200/31250. While in this positive note, fall below the exponential moving average support of 30900 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31150	31050	30900		30800	SIDEWAYS

Silver:Silver trading range for the day is 40450-39850. Technically Silver is getting support at 40000 and below same could see a test of 39850 level, And resistance is now likely to be

14 MAY 2018 CALL UPDATE:

gold HIT TGT 31200 MADE HIGH OF 31002

silver HIT TGT 40100 MADE HIGH OF 39702

Gold: Gold trading range for the day is 31400-30800. Gold is getting support at 31000 and below same could see a test of 30800 level, And resistance is now likely to be seen at 31200, a move above could see prices testing 31400 . Prices possibly to rebound higher towards the upside trend line objective of 31400/31600. While in this positive note, Fall below the exponential moving average support of 30700 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31400	31200	31000		30800	SIDEWAYS

Silver: Silver trading range for the day is 40200-40000. Technically Silver is getting support at 39700 and below same could see a test of 39450 level, And resistance is now likely to be seen at 39950, a move above could see prices testing 40200. As long as moving average

BULLION TRADING LEVELS FOR 14-15 MAY

Gold: Gold trading range for the day is 31700-31200. Gold is getting support at 31350 and below same could see a test of 31200 level, And resistance is now likely to be seen at 31550, a move above could see prices testing 31700 . Prices possibly to rebound higher towards the upside trend line objective of 31550/31700. While in this positive note, Fall below the exponential moving average support of 31100 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31700	31550	31350		31200	SIDEWAYS

Silver: Silver trading range for the day is 40700-40000. Technically Silver is getting support at 40350 and below same could see a test of 40100 level, And resistance is now likely to be seen at 40550, a move above could see prices testing 40700. As long as moving average