WEEKLY BULLION OUTLOOK FOR 03-07 APRIL

BUY GOLD @ 28450 SL 28250 TGT 28650-28750.

 BUY SILVER @ 41950 SL 41500 TGT 42200-42500.

Gold: Gold  has entered into negative zone and traders can hold short positions until Gold  closes above 28810 levels.  Gold trading range for the day is 28568-28818. Technically market is under long liquidation as market has witnessed drop in open interest by -8.93% to settled at 3091 while prices down -145 rupees, now Gold is getting support at 28635 and below same could see a test of 28568 level, And resistance is now likely to be seen at 28760, a move above could see prices testing 28818.

	R2	R1	S1		S2	TREND
GOLD	28650	28500	28400		28300	BULLISH

Silver: Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41760 levels. Traders can go short once Silver closes below 41760 levels. Silver trading range for the day is 41902-42488. Technically market is under fresh selling as market has witnessed gain in open interest by 0.23% to settled at 11658 while prices down -105 rupees, now Silver is getting support at 42092 and below same could see a test of 41902 level, And resistance is now likely to be seen at 42385, a move above could see prices testing 42488.

	R2	R1	S1		S2	TREND
SILVER	42150	42000	41900		41750	BULLISH

BULLION OUTLOOK FOR 29-30 MARCH 2017

Gold: Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28618 levels. Traders can initiate long positions on every dip until Gold Future closes below 28618 levels. Gold trading range for the day is 28701-28965. Technically market is getting support at 28774 and below same could see a test of 28701 level, And resistance is now likely to be seen at 28906, a move above could see prices testing 28965.

	R2	R1	S1		S2	TREND
GOLD	28760	28700	28600		28500	BULLISH

Silver: Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41716 levels. Traders can go short once Silver Future closes below 41716 levels. Silver trading range for the day is 41825-42721. Technically market is getting support at 42106 and below same could see a test of 41825 level, And resistance is now likely to be seen at 42554, a move above could see prices testing 42721.

	R2	R1	S1		S2	TREND
SILVER	42300	42200	42000		41800	BULLISH

BULLION OUTLOOK FOR 28-29 MARCH

CALL UPDATE: GIVEN ON 24 MARCH

GOLD RAISE SL TO COST FOR FINAL TGT 29100!!!

silver HIT all TGT 42000 MADE HIGH OF 42139!!!

Gold: Gold trading range for the day is 28660-29012. Technically market is under short covering as market has witnessed drop in open interest by -4.99% to settled at 3999, now Gold is getting support at 28734 and below same could see a test of 28660 level, And resistance is now likely to be seen at 28910, a move above could see prices testing 29012. Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28618 levels. Traders can initiate long positions on every dip until Gold Future closes below 28618 levels.

	R2	R1	S1		S2	TREND
GOLD	28950	28860	28700		28600	BULLISH

Silver: Silver trading range for the day is 41472-42478. Technically market is under short covering as market has witnessed drop in open interest by -7.94% to settled at 11633 while prices up 592 rupees, now Silver is getting support at 41797 and below same could see a test of 41472 level, And resistance is now likely to be seen at 42300, a move above could see prices testing 42478. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41417 levels. Traders can go short once Silver Future closes below 41417 levels.

	R2	R1	S1		S2	TREND
SILVER	42250	42150	42000		41900	BULLISH

WEEKLY CALL UPDATE:

GOLD HIT TGT 28900 MADE HIGH OF 28924 !!!

silver HIT TGT 41600 MADE HIGH OF 41840!!!

Gold and Silver hold for final target raise sl to cost price

Gold: Gold trading range for the day is 28650-28900. Technically market is under fresh selling as market has witnessed gain in open interest by 2.99% to settled at 4209, now Gold is getting support at 28722 and below same could see a test of 28650 level, And resistance is now likely to be seen at 28847, a move above could see prices testing 28900. Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28618 levels. Traders can initiate long positions on every dip until Gold Future closes below 28618 levels.

	R2	R1	S1		S2	TREND
GOLD	29000	28950	28800		28700	BULLISH

Silver: Silver trading range for the day is 41045-41861. Technically market is under short covering as market has witnessed drop in open interest by -5.76% to settled at 12636, now Silver is getting support at 41288 and below same could see a test of 41045 level, And resistance is now likely to be seen at 41696, a move above could see prices testing 41861. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 40948 levels. Traders can go short once Silver Future closes below 40948 levels.

	R2	R1	S1		S2	TREND
SILVER	42000	41850	41650		41500	BULLISH

WEEKLY BULLION OUTOOK FOR 27-31 MARCH 2017

BUY GOLD @ 28700 SL 28500 TGT 28900-29100.

 BUY SILVER @ 41500 SL 41000 TGT 41600-42000.

yesterday’S BULLION CALL HOLD FOR MONDAY 

Gold: Gold trading range for the day is 28635-29031Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28618 levels. Traders can initiate long positions on every dip until Gold Future closes below 28618 levels. Technically market is under long liquidation as market has witnessed drop in open interest by -7.83% to settled at 4087 while prices down -85 rupees, now Gold is getting support at 28718 and below same could see a test of 28635 level, And resistance is now likely to be seen at 28916, a move above could see prices testing 29031.

	R2	R1	S1		S2	TREND
GOLD	29200	29150	29080		28900	BULLISH

Silver:  Silver trading range for the day is 40989-41653.Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 40874 levels. Traders can go short once Silver Future closes below 40874 levels. Technically market is under short covering as market has witnessed drop in open interest by -2.35% to settled at 13409 while prices up 67 rupees, now Silver is getting support at 41145 and below same could see a test of 40989 level, And resistance is now likely to be seen at 41477, a move above could see prices testing 41653.

	R2	R1	S1		S2	TREND
SILVER	42680	42570	42350		42000	BULLISH

BULLION OUTLOOK FOR 23-24 MARCH 2017

BUY GOLD @ 28850 SL 28700 TGT 28950-29100.

 BUY SILVER @ 41300 SL 41000 TGT 41500-41900.

Gold: Gold trading range for the day is 28746-28998. Technically market is under fresh buying as market has witnessed gain in open interest by 7.46% to settled at 4434 while prices up 34 rupees, now Gold is getting support at 28815 and below same could see a test of 28746 level, And resistance is now likely to be seen at 28941, a move above could see prices testing 28998. Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28618 levels. Traders can initiate long positions on every dip until Gold Future closes below 28618 levels.

	R2	R1	S1		S2	TREND
GOLD	29000	28900	28800		28650	BULLISH

Silver: Silver trading range for the day is 40930-41500. Technically  Now Silver is getting support at 41082 and below same could see a test of 40930 level, And resistance is now likely to be seen at 41367, a move above could see prices testing 41500. Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 40733 levels. Traders can go short once Silver Future closes below 40733 levels. 

	R2	R1	S1		S2	TREND
SILVER	42000	41500	41150		41000	BULLISH