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
|
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