3 May 2018

BULLION TRADING LEVELS FOR FRIDAY, 04 MAY 2018

Gold: Gold trading range for the day is 31200-30700. 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 31000, a move above could see prices testing 31200 . trend remains bullish. Therefore, we expect positive movement in the gold towards 31400.
           
R2
R1
S1
S2
TREND

GOLD
31200
31000
30900
30750
SIDEWAYS
Silver:Silver trading range for the day is 40000-39100. Technically Silver is getting support at 39400 and below same could see a test of 39100 level, And resistance is now likely to be seen at 39750, a move above could see prices testing 40000.
           
R2
R1
S1
S2
  TREND
SILVER
40000
39750
39400
39100
  SIDEWAYS

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