BUY GOLD FOR 10 JAN 2018

Gold: Gold trading range for the day is 29100-29360. Gold is getting support at 29190 and below same could see a test of 29090 level, And resistance is now likely to be seen at 29270, a move above could see prices testing 29360. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29190 levels. Traders can initiate long positions on every dip until Gold closes below  29190  levels.

	R2	R1	S1		S2	TREND
GOLD	30350	29270	29190		29000	BULLISH

Silver: Silver trading range for the day is 39300-38800. Technically Silver is getting support at 38950 and below same could see a test of 38800 level, And resistance is now likely to be seen at 39130, a move above could see prices testing 39300. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38800 levels.

	R2	R1	S1		S2	TREND
SILVER	39600	39250	38800		38600	BULLISH

BULLION OUTLOOK FOR 08-09 JAN 2018

Gold: Gold trading range for the day is 29050-29450. Gold is getting support at 29150 and below same could see a test of 29050 level, And resistance is now likely to be seen at 29300, a move above could see prices testing 29400. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29150 levels. Traders can initiate long positions on every dip until Gold closes below  29150  levels.

	R2	R1	S1		S2	TREND
GOLD	30400	29300	29150		29000	BULLISH

Silver: Silver trading range for the day is 39500-38900. Technically Silver is getting support at 39100 and below same could see a test of 38900 level, And resistance is now likely to be seen at 39250, a move above could see prices testing 39500. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39000  levels.

	R2	R1	S1		S2	TREND
SILVER	39600	39250	39100		38600	BULLISH

WEEKLY MCX OUTLOOK FOR 08-12 JAN 2018

Gold: Gold trading range for the day is 29400-29050. Gold is getting support at 29150 and below same could see a test of 29050 level, And resistance is now likely to be seen at 29300, a move above could see prices testing 29400. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29150 levels. Traders can initiate long positions on every dip until Gold closes below  29150  levels.

	R2	R1	S1		S2	TREND
GOLD	30400	29300	29150		29000	BULLISH

Silver: Silver trading range for the day is 39600-38900. Technically Silver is getting support at 39100 and below same could see a test of 38900 level, And resistance is now likely to be seen at 39300, a move above could see prices testing 39600. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39000  levels.

	R2	R1	S1		S2	TREND
SILVER	39600	39300	39000		38600	BULLISH

CRUDE OIL: The crude oil trading range for the day is 3970-3850. Technically crude oil is

CRUDE OIL OUTLOOK FOR 04-05 JAN 2018

BUY CRUDE OIL ABOVE 3925 TGT 3950/3975 SL 3890 

CRUDE OIL: Crude Oil price has given a breakdown of its rising trend line at 3910 levels. The crude oil trading range for the day is 3850-3980. Technically crude oil is getting support at 3910 and below same could see a test of 3850 level, And resistance is now likely to be seen at 3950, a move above could see prices testing 3980. Crude oil is trading into a positive zone and traders can go long at every dip or hold long positions until crude oil closes below 3910  levels.

	R2	R1	S1		S2	TREND
CRUDEOIL	3980	3950	3910		3850	SIDEWAYS

BULLION OUTLOOK FOR 03-04 JAN 2018

Gold: Gold trading range for the day is 29400-29050. Gold is getting support at 29150 and below same could see a test of 290500 level, And resistance is now likely to be seen at 29250, a move above could see prices testing 29350. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29100 levels. Traders can initiate long positions on every dip until Gold closes below  29100  levels.

	R2	R1	S1		S2	TREND
GOLD	30350	29250	29100		29000	BULLISH

Silver: Silver trading range for the day is 39500-38700. Technically Silver is getting support at 38950 and below same could see a test of 38700 level, And resistance is now likely to be seen at 39200, a move above could see prices testing 39500. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38950  levels.

	R2	R1	S1		S2	TREND
SILVER	39500	39250	38950		38700	BULLISH

BULLION OUTLOOK FOR 02-03 JAN 2018

Gold: Gold trading range for the day is 29400-29000. Gold is getting support at 29100 and below same could see a test of 29000 level, And resistance is now likely to be seen at 29200, a move above could see prices testing 29350. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29100 levels. Traders can initiate long positions on every dip until Gold closes below  29100  levels.

	R2	R1	S1		S2	TREND
GOLD	30350	29200	29100		29000	BULLISH

Silver: Silver trading range for the day is 39500-38700. Technically Silver is getting support at 38950 and below same could see a test of 38700 level, And resistance is now likely to be seen at 39200, a move above could see prices testing 39500. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38950  levels.

	R2	R1	S1		S2	TREND
SILVER	39500	39250	38950		38700	BULLISH

BULLION OUTLOOK FOR 01-02 JAN 2018

Gold: Gold trading range for the day is 29400-29050. Gold is getting support at 29100 and below same could see a test of 29000 level, And resistance is now likely to be seen at 29200, a move above could see prices testing 29350. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 29100 levels. Traders can initiate long positions on every dip until Gold closes below  29100  levels.

	R2	R1	S1		S2	TREND
GOLD	30350	29200	29100		29000	BULLISH

Silver: Silver trading range for the day is 39500-38700. Technically Silver is getting support at 39000 and below same could see a test of 38700 level, And resistance is now likely to be seen at 39250, a move above could see prices testing 39500. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 39000  levels.

	R2	R1	S1		S2	TREND
SILVER	39500	39250	39000		38700	BULLISH