BUY GOLD @ 29420
SL 29320 TGT 29480-29580.
BUY SILVER @ 42600 SL 42100 TGT 42850-43000.
Gold: Gold
is trading into positive zone and traders can hold
long positions until Gold closes below 29083 levels. Traders can
initiate long positions on every dip until Gold closes
below 29083 levels. Gold prices eased from five-month highs on Thursday as the dollar
rebounded from a slide triggered by comments from U.S. President Donald Trump
that the greenback was too strong and that he would prefer the Federal Reserve
keep interest rates low.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
29200
|
29150
|
29080
|
28900
|
BULLISH
|
Silver: Silver is trading into positive zone and traders can go
long at every dip or hold long positions until Silver closes
below 41922 levels. We expect silver prices to trade positive on
the back of political tensions.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
42680
|
42570
|
42350
|
42000
|
BULLISH
|
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