Gold: Gold trading range for the day is 31250-30750. Gold is getting support at 30950 and below same could see a test of 30750 level, And resistance is now likely to be seen at 31100, a move above could see prices testing 31250 . trend remains bullish. Therefore, we expect positive movement in the gold towards 31300.
R2
|
R1
|
S1
|
S2
|
TREND
| |||
GOLD
|
31250
|
31100
|
30950
|
30750
|
SIDEWAYS
|
Silver:Silver trading range for the day is 40000-39200. Technically Silver is getting support at 39500 and below same could see a test of 39200 level, And resistance is now likely to be seen at 39700, a move above could see prices testing 40000.
R2
|
R1
|
S1
|
S2
|
TREND
| ||
SILVER
|
40000
|
39700
|
39500
|
39200
|
SIDEWAYS
|
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