SELL
GOLD 30000 SL 30200 TGT 28800-28700.
SELL
SILVER 41200 SL 41500 TGT 41000-39800.
Gold: Gold trading range for the day is 30300-29700. Gold is getting support at
30000 and below same could see a test of 29800 level, And resistance is now likely
to be seen at 30200, a move above could see prices testing 30350. Gold is
trading into negative zone and traders can hold sell positions
until Gold closes above 30200 levels. Traders can initiate short positions
on every rise until Gold closes above 30200 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
29200
|
29000
|
30000
|
29800
|
Bearish
|
Silver: Silver
trading range for the day is 41700-41000. Technically Silver is getting support
at 41200 and below same could see a test of 41000 level, And resistance is now
likely to be seen at 41500, a move above could see prices testing 41700. Silver
is trading into negative zone and traders can go short at every rise
or hold short positions until Silver closes above 41500 levels.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
41700
|
41500
|
41200
|
41000
|
Bearish
|
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