7 May 2018

BULLION TRADING LEVELS FOR 08 MAY 2018

4th may 2018 CALL UPDATE:
gold hit tgt 31250 ; silver HIT TGT 40000 !! 
Gold: Gold trading range for the day is 31400-30950. Gold is getting support at 31100 and below same could see a test of 30950 level, And resistance is now likely to be seen at 31250, a move above could see prices testing 31400 . trend remains bullish. Therefore, we expect positive movement in the gold towards 31450.
           
R2
R1
S1
S2
TREND

GOLD
31400
31250
31100
30950
SIDEWAYS
Silver:Silver trading range for the day is 40250-39450. 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 40000, a move above could see prices testing 40250.
           
R2
R1
S1
S2
  TREND
SILVER
40250
40000
39700
39450
  SIDEWAYS

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