2 May 2018

BULLION TRADING LEVELS FOR 03 MAY 2018


Gold: Gold trading range for the day is 31300-30700. Gold is getting support at 30900 and below same could see a test of 30750 level, And resistance is now likely to be seen at 31050, a move above could see prices testing 31300 . trend remains bullish. Therefore, we expect positive movement in the gold towards 31400.
           
R2
R1
S1
S2
TREND

GOLD
31300
31050
30900
30750
SIDEWAYS
Silver:Silver trading range for the day is 39750-39000. Technically Silver is getting support at 39250 and below same could see a test of 39000 level, And resistance is now likely to be seen at 39500, a move above could see prices testing 39750.
           
R2
R1
S1
S2
  TREND
SILVER
39750
39500
39250
38900
  SIDEWAYS

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