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

seen at 40050, a move above could see prices testing 40350. 

	R2	R1	S1		S2	TREND
SILVER	40350	40050	39800		39500	SIDEWAYS