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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