WEEKLY BULLION TRADING LEVELS FOR 14-18 MAY

YESTERDAY'S GOLD ACHIEVED TARGET 31550 !!

YESTERDAY'S SILVER ACHIEVED TARGET 40550 !!

Gold: Gold trading range for the day is 31700-31100. Gold is getting support at 31350 and below same could see a test of 31100 level, And resistance is now likely to be seen at 31550, a move above could see prices testing 31700 . Prices possibly to rebound higher towards the upside trend line objective of 31550/31700. While in this positive note, Fall below the exponential moving average support of 31100 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31700	31550	31350		31100	SIDEWAYS

Silver: Silver trading range for the day is 40900-40000. Technically Silver is getting support at 40350 and below same could see a test of 40000 level, And resistance is now likely to be seen at 40650, a move above could see prices testing 40900. As long as moving average

BULLION TRADING LEVELS FOR 11 MAY 2018

YESTERDAY'S SILVER ACHIEVED TARGET 40200!!

Gold: Gold trading range for the day is 31550-31100. Gold is getting support at 31250 and below same could see a test of 31100 level, And resistance is now likely to be seen at 31400, a move above could see prices testing 31550 . Prices possibly to rebound higher towards the upside trend line objective of 31450/31550. While in this positive note, Fall below the exponential moving average support of 31100 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31550	31400	31250		31100	SIDEWAYS

Silver:Silver trading range for the day is 40550-40000. Technically Silver is getting support at 39900 and below same could see a test of 39650 level, And resistance is now likely to be seen at 40250, a move above could see prices testing 40000. As long as moving average

BULLION TRADING LEVELS FOR 10 MAY 2018

Gold: Gold trading range for the day is 31450-31000. Gold is getting support at 31150 and below same could see a test of 31000 level, And resistance is now likely to be seen at 31300, a move above could see prices testing 31450 . Prices possibly to rebound higher towards the upside trend line objective of 31280/31410. While in this positive note, Fall below the exponential moving average support of 31090 may cajole fresh selling.

	R2	R1	S1		S2	TREND
GOLD	31450	31300	31150		31000	SIDEWAYS

Silver:Silver trading range for the day is 40200-39550. Technically Silver is getting support at 39800 and below same could see a test of 39550 level, And resistance is now likely to be seen at 39950, a move above could see prices testing 40200. As long as moving average

BULLION TRADING LEVELS FOR 08 MAY 2018

4th may 2018 CALL UPDATE:

gold hit tgt 31250 ; silver HIT TGT 40000 !! 

Gold: Gold trading range for the day is 31400-30950. Gold is getting support at 31100 and below same could see a test of 30950 level, And resistance is now likely to be seen at 31250, a move above could see prices testing 31400 . trend remains bullish. Therefore, we expect positive movement in the gold towards 31450.

	R2	R1	S1		S2	TREND
GOLD	31400	31250	31100		30950	SIDEWAYS

Silver:Silver trading range for the day is 40250-39450. Technically Silver is getting support at 39700 and below same could see a test of 39450 level, And resistance is now likely to be seen at 40000, a move above could see prices testing 40250.

	R2	R1	S1		S2	TREND
SILVER	40250	40000	39700		39450	SIDEWAYS

WEEKLY BULLION TRADING LEVELS FOR 07 -11 MAY 2018

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

BULLION TRADING LEVELS FOR FRIDAY, 04 MAY 2018

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

BULLION TRADING LEVELS FOR 03 MAY 2018

Gold: Gold trading range for the day is 31300-30700. 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 31050, a move above could see prices testing 31300 . trend remains bullish. Therefore, we expect positive movement in the gold towards 31400.

	R2	R1	S1		S2	TREND
GOLD	31300	31050	30900		30750	SIDEWAYS

Silver:Silver trading range for the day is 39750-39000. 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 39500, a move above could see prices testing 39750.

	R2	R1	S1		S2	TREND
SILVER	39750	39500	39250		38900	SIDEWAYS