25 September 2017

BULLION OUTLOOK FOR 25-26 SEP 2017

SELL GOLD 29700 SL 29850 TGT 29500-29400.

SELL SILVER 39800 SL 40100 TGT 39400-39000.

Gold: Gold trading range for the day is 29800-29300. Gold is getting support at 29500 and below same could see a test of 29300 level, And resistance is now likely to be seen at 29750, a move above could see prices testing 29900. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 29750 levels. Traders can initiate short  positions on every rise until Gold closes above 29750 levels.

           
R2
R1
S1
S2
TREND
GOLD
29900
29750
29500
28300
Bearish
Silver: Silver trading range for the day is 39300-40200. Technically Silver is getting support at 39500 and below same could see a test of 39300 level, And resistance is now likely to be seen at 39900, a move above could see prices testing 40200. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39900  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40200
39900
39500
39300
  Bearish

22 September 2017

BULLION OUTLOOK FOR UPCOMING WEEK


Gold: Gold trading range for the day is 29800-29400. Gold is getting support at 29550 and below same could see a test of 29400 level, And resistance is now likely to be seen at 29750, a move above could see prices testing 29850. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 29550 levels. Traders can initiate short  positions on every rise until Gold closes above 29550 levels.
           
R2
R1
S1
S2
TREND
GOLD
29850
29750
29550
29400
Bearish
Silver: Silver trading range for the day is 40200-39500. Technically Silver is getting support at 39750 and below same could see a test of 39500 level, And resistance is now likely to be seen at 40050, a move above could see prices testing 40200. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39750  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40200
40050
39750
39500
  Bearish

21 September 2017

BULLION OULTOOK FOR 21-22 SEP 2017

YESTERDAY’CALL UPDATE:
GOLD HIT ALL TGT 29450 MADE LOW OF 29443!!!
SILVER HIT ALL TGT 39800 MADE LOW OF 39515!!!
Gold: Gold trading range for the day is 29700-29200. Gold is getting support at 29400 and below same could see a test of 29200 level, And resistance is now likely to be seen at 29650, a move above could see prices testing 29800. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 29650 levels. Traders can initiate short  positions on every rise until Gold closes above 29650 levels.
           
R2
R1
S1
S2
TREND
GOLD
29800
29650
29400
29200
Bearish
Silver: Silver trading range for the day is 40200-39200. 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 40100, a move above could see prices testing 40200. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40200  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40200
40100
39500
39200
  Bearish

20 September 2017

BULLION OUTLOOK FOR 20-21 SEP 2017

Gold: Gold trading range for the day is 29900-29500. Gold is getting support at 29600 and below same could see a test of 29450 level, And resistance is now likely to be seen at 29800, a move above could see prices testing 30000. Gold is trading into 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
30000
29800
29600
29450
Bearish
Silver: Silver trading range for the day is 40500-39800. Technically Silver is getting support at 40100 and below same could see a test of 39800 level, And resistance is now likely to be seen at 40400, a move above could see prices testing 40700. 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
40800
40450
40100
39800
  Bearish

19 September 2017

BULLION OUTLOOK FOR 19-20 SEP 2017

SELL GOLD 29600 SL 29750 TGT 29500-29400.

SELL SILVER 39850 SL 40500 TGT 39700-39500.

Gold: Gold trading range for the day is 29650-29400. Gold is getting support at 29540 and below same could see a test of 29400 level, And resistance is now likely to be seen at 29620, a move above could see prices testing 29750. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 29650 levels. Traders can initiate short  positions on every rise until Gold closes above 29650 levels.
           
R2
R1
S1
S2
TREND
GOLD
29750
29620
29540
29400
Bearish
Silver: Silver trading range for the day is 39950-39500. Technically Silver is getting support at 39700 and below same could see a test of 39400 level, And resistance is now likely to be seen at 39880, a move above could see prices testing 39950. Silver is trading into 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
41800
41650
39700
39400
  Bearish

18 September 2017

BULLION OUTLOOK FOR 18-19 SEP 20107

weekly CALL UPDATE:
GOLD HIT all TGT 29650!!!
silver HIT all TGT 40500!!!
Gold: Gold trading range for the day is 29850-29500. Gold is getting support at 29600 and below same could see a test of 29450 level, And resistance is now likely to be seen at 29800, a move above could see prices testing 29950. Gold is trading into negative zone and traders can hold sell positions until Gold closes above 30000 levels. Traders can initiate short  positions on every rise until Gold closes above 30000 levels.
           
R2
R1
S1
S2
TREND
GOLD
30050
29900
29600
29450
Bearish
Silver: Silver trading range for the day is 40800-40300. Technically Silver is getting support at 40500 and below same could see a test of 40300 level, And resistance is now likely to be seen at 40700, a move above could see prices testing 40900. Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 41000  levels.
           
R2
R1
S1
S2
  TREND
SILVER
41300
41000
40500
40300
  Bearish