WEEKLY BULLION OUTLOOK FOR 28 MAY - 01 JUNE 2018

Gold: Gold trading range for the day is 31750-30800. Gold is getting support at 31100 and below same could see a test of 30800 level, And resistance is now likely to be seen at 31450, a move above could see prices testing 31750 . Prices possibly to rebound higher towards the upside trend line objective of 31600/31780. While in this positive note, fall below the exponential moving average support of 30800 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31750	31450	31100		30800	SIDEWAYS

Silver:Silver trading range for the day is 41250-40000. Technically Silver is getting support at 40500 and below same could see a test of 40000 level, And resistance is now likely to be

seen at 40800, a move above could see prices testing 41250. 

	R2	R1	S1		S2	TREND
SILVER	41250	40800	40500		40000	SIDEWAYS