BULLION OUTLOOK FOR 10-11 OCT 2017

Gold: Gold trading range for the day is 29800-29500. Gold is getting support at 29750 and below same could see a test of 29500 level, And resistance is now likely to be seen at 29860, a move above could see prices testing 29800. Gold has entered into a negative zone and traders can hold short positions until Gold closes above 29900 levels. Traders can initiate short positions on every rise until Gold closes above 29900 levels.

	R2	R1	S1		S2	TREND
GOLD	29900	29700	29550		29400	Bearish

Silver: Silver trading range for the day is 40600-39600. Technically Silver is getting support at 39900 and below same could see a test of 39500 level, And resistance is now likely to be seen at 40400, a move above could see prices testing 40600.  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40400 levels

	R2	R1	S1		S2	TREND
SILVER	40600	40400	40000		39400	Bearish

BULLION OUTLOOK FOR 09-10 OCT 2017

Gold: Gold trading range for the day is 29600-29880. Gold is getting support at 29660 and below same could see a test of 29500 level, And resistance is now likely to be seen at 29780, a move above could see prices testing 29880. Gold is trading into a negative zone and traders can hold sell positions until Gold closes above 29800 levels. Traders can initiate short positions on every rise until Gold closes above 29800 levels.

	R2	R1	S1		S2	TREND
GOLD	29880	29780	29660		28500	Bearish

Silver: Silver trading range for the day is 40200-39600. Technically Silver is getting support at 39800 and below same could see a test of 39600 level, And resistance is now likely to be seen at 40000, a move above could see prices testing 40200. Silver is trading into the negative zone and traders can go short at every rise or hold short positions until Silver closes above 40000  levels.

	R2	R1	S1		S2	TREND
SILVER	40200	40000	39800		39500	Bearish

BULLION OUTLOOK FOR 09-13 OCT 2017

Gold: Gold trading range for the day is 29500-29200. Gold is getting support at 29300 and below same could see a test of 29100 level, And resistance is now likely to be seen at 29500, a move above could see prices testing 29650. Gold is trading into the negative zone and traders can hold short positions until Gold closes above 29500 levels. Traders can initiate short positions on every rise until Gold closes above 29500 levels.

	R2	R1	S1		S2	TREND
GOLD	29650	29500	29400		29200	Bearish

Silver: Silver trading range for the day is 39300-38800. Technically Silver is getting support at 39000 and below same could see a test of 38500 level, And resistance is now likely to be seen at 39200, a move above could see prices testing 39400. Silver is trading into the negative zone and traders can go short at every rise or hold short positions until Silver closes above 39300 levels. 

	R2	R1	S1		S2	TREND
SILVER	39400	39200	39000		38800	Bearish

BULLION OUTLOOK FOR 05-06 OCT 2017

Gold: Gold trading range for the day is 29500-29200. Gold is getting support at 29400 and below same could see a test of 29250 level, And resistance is now likely to be seen at 29500, a move above could see prices testing 29650. Gold is trading into the negative zone and traders can hold short positions until Gold closes above 29500 levels. Traders can initiate short positions on every rise until Gold closes above 29500 levels.

	R2	R1	S1		S2	TREND
GOLD	29650	29500	29400		29200	Bearish

Silver: Silver trading range for the day is 39300-38800. Technically Silver is getting support at 39000 and below same could see a test of 38800 level, And resistance is now likely to be seen at 39200, a move above could see prices testing 39400. Silver is trading into the negative zone and traders can go short at every rise or hold short positions until Silver closes above 39200 levels. 

	R2	R1	S1		S2	TREND
SILVER	39400	39200	39000		38800	Bearish

BULLION OUTLOOK FOR 04-05 OCT 2017

Gold: Gold trading range for the day is 26650-29400. Gold is getting support at 29450 and below same could see a test of 29350 level, And resistance is now likely to be seen at 29600, a move above could see prices testing 29700. Gold is trading into the negative zone and traders can hold short positions until Gold closes above 29600 levels. Traders can initiate short positions on every rise until Gold closes above 29600 levels.

	R2	R1	S1		S2	TREND
GOLD	29750	29600	29450		29300	Bearish

Silver: Silver trading range for the day is 39700-39000. Technically Silver is getting support at 39400 and below same could see a test of 39000 level, And resistance is now likely to be seen at 39650, a move above could see prices testing 39800. Silver is trading into the negative zone and traders can go short at every rise or hold short positions until Silver closes above 39650  levels. 

	R2	R1	S1		S2	TREND
SILVER	39800	39650	39400		39000	Bearish

BULLION OUTLOOK FOR 03-04 OCT 2017

weekly CALL UPDATE:

GOLD HIT TGT 29400 MADE low OF 29335!!!

silver HIT all TGT 39400 MADE low OF 39255!!!

Gold: Gold trading range for the day is 29500-29200. Gold is getting support at 29300 and below same could see a test of 29150 level, And resistance is now likely to be seen at 29500, a move above could see prices testing 29650. Gold is trading into the negative zone and traders can hold sell positions until Gold closes above 29500 levels. Traders can initiate short positions on every rise until Gold closes above 29500 levels.

	R2	R1	S1		S2	TREND
GOLD	30650	29500	29300		29150	Bearish

Silver: Silver trading range for the day is 39000-39600. Technically Silver is getting support at 39250 and below same could see a test of 39000 level, And resistance is now likely to be seen at 39350, a move above could see prices testing 39650. Silver is trading into the negative zone and traders can go short at every rise or hold short positions until Silver closes above 39500 levels.

	R2	R1	S1		S2	TREND
SILVER	39650	39500	39350		39000	Bearish