BULLION OUTLOOK FOR 29-30 AUG 2017

yesterday’s CALL UPDATE:

GOLD HIT all TGT 29500 MADE low OF 29937!!!

silver HIT all TGT 39600 MADE low OF 40220!!!

Gold: Gold trading range for the day is 29300-30050. Gold is getting support at 28500 and below same could see a test of 28300 level, And resistance is now likely to be seen at 29950, a move above could see prices testing 30100. Gold is trading into positive zone and traders can hold long positions until Gold closes below 29500 levels. Traders can initiate long positions on every dip until Gold closes below 29500 levels.

	R2	R1	S1		S2	TREND
GOLD	29200	29000	28800		28500	Bullish

Silver: Silver trading range for the day is 39500-40500. Technically Silver is getting support at 39800 and below same could see a test of 39500 level, And resistance is now likely to be seen at 40200, a move above could see prices testing 40500. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39800  levels.

	R2	R1	S1		S2	TREND
SILVER	38800	38500	38300		38000	Bullish