22 August 2017

BULLION OUTLOOK FOR 22-23 AUG 2017

Gold: Gold trading range for the day is 29000-28700. Gold is getting support at 28800 and below same could see a test of 28500 level, And resistance is now likely to be seen at 29000, a move above could see prices testing 29200. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28500 levels. Traders can initiate long positions on every dip until Gold closes below 28500 levels.
           
R2
R1
S1
S2
TREND
GOLD
29200
29000
28800
28500
Bearish
Silver: Silver trading range for the day is 38800-38000. Technically Silver is getting support at 38300 and below same could see a test of 38000 level, And resistance is now likely to be seen at 38500, a move above could see prices testing 38800. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38300  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38800
38500
38300
38000
  Bearish

21 August 2017

BULLION OUTLOOK FOR 21-22 AUG 2017

SELL GOLD 29000 SL 29200 TGT 28850-28500.

SELL SILVER 38800 SL 39000 TGT 38500-38300.

Gold: Gold trading range for the day is 28800-29500. Gold is getting support at 29000 and below same could see a test of 28800 level, And resistance is now likely to be seen at 29200, a move above could see prices testing 29400. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28800 levels. Traders can initiate long positions on every dip until Gold closes below 28800 levels.
           
R2
R1
S1
S2
TREND
GOLD
29400
29200
29000
28800
Bearish
Silver: Silver trading range for the day is 38500-39500. Technically Silver is getting support at 38800 and below same could see a test of 38500 level, And resistance is now likely to be seen at 39100, a move above could see prices testing 39300. Silver is trading into 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
39300
39100
38800
38500
  Bearish

18 August 2017

WEEKLY BULLION OUTLOOK FOR 21-25 AUG 2017

BUY GOLD 29300 SL 29000 TGT 29500-29600

BUY SILVER 39300 SL 39000 TGT 39600-39800

Gold: Gold trading range for the day is 29000-28500. Gold is getting support at 29000 and below same could see a test of 28500 level, And resistance is now likely to be seen at 29400, a move above could see prices testing 29600. Gold is trading into positive zone and traders can hold long positions until Gold closes below 29000 levels. Traders can initiate long positions on every dip until Gold closes below 29000 levels.
           
R2
R1
S1
S2
TREND
GOLD
29600
29400
29200
29000
BULLISH
Silver: Silver trading range for the day is 39800-38500. Technically Silver is getting support at 38900 and below same could see a test of 38500 level, And resistance is now likely to be seen at 39600, a move above could see prices testing 39800. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38800
38500
38900
38500
  BULLISH

17 August 2017

BULLION OUTLOOK FOR 17-18 AUG 2017

Gold: Gold trading range for the day is 29400-28900. Gold is getting support at 29000 and below same could see a test of 28800 level, And resistance is now likely to be seen at 29200, a move above could see prices testing 29500. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28800 levels. Traders can initiate long positions on every dip until Gold closes below 28800 levels.
           
R2
R1
S1
S2
TREND
GOLD
29350
29200
29000
28800
Bearish
Silver: Silver trading range for the day is 39500-38500. 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 39300, a move above could see prices testing 39500. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
39500
39300
39000
38800
  Bearish

16 August 2017

BULLION OUTLOOK FOR 16-17 AUG 2017

SELL GOLD 28900 SL 29100 TGT 28750-28500.MCX.

SELL SILVER 38400 SL 38750 TGT 38100-37800.MCX

Gold: Gold trading range for the day is 29000-28700. Gold is getting support at 28800 and below same could see a test of 28500 level, And resistance is now likely to be seen at 29000, a move above could see prices testing 29200. Gold is trading into positive zone and traders can hold long positions until Gold closes below 28500 levels. Traders can initiate long positions on every dip until Gold closes below 28500 levels.
           
R2
R1
S1
S2
TREND
GOLD
29200
29000
28800
28500
Bearish
Silver: Silver trading range for the day is 38800-38000. Technically Silver is getting support at 38300 and below same could see a test of 38000 level, And resistance is now likely to be seen at 38500, a move above could see prices testing 38800. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38300  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38800
38500
38300
38000
  Bearish

11 August 2017

BULLION OUTLOOK FOR 11-12 AUG 2017

yesterday’s CALL UPDATE:
GOLD HIT final TGT 29100 MADE low OF 29274!!!
silver HIT all TGT 38950 MADE low OF 39396!!!
Gold: Gold trading range for the day is 29000-29350. Gold is getting support at 29000 and below same could see a test of 28800/28500 level, And resistance is now likely to be seen at 29400, a move above could see prices testing 29660. Gold is trading into positive zone and traders can hold long positions until Gold closes below 29000 levels. Traders can initiate long positions on every dip until Gold closes below 29000 levels.
           
R2
R1
S1
S2
TREND
GOLD
28450
29300
29000
28800
Bullish
Silver: Silver trading range for the day is 38800-39500. Technically Silver is getting support at 39000 and below same could see a test of 38800/38500 level, And resistance is now likely to be seen at 39400, a move above could see prices testing 39800. Silver is trading into 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
39680
39400
39000
38500
  Bullish