29 December 2017

BULLION OUTLOOK FOR 01-05 JAN 2018


“I hope that 2017 has been a successful year for you! 
Thank you for taking the time to interact with us, we are very thankful! 
and to wish you the very best for the New Year...!!!!

Gold: Gold trading range for the day is 29250-28850. Gold is getting support at 28950 and below same could see a test of 28850 level, And resistance is now likely to be seen at 29100, a move above could see prices testing 29300. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 28950 levels. Traders can initiate long positions on every dip until Gold closes below  28950  levels.
           
R2
R1
S1
S2
TREND
GOLD
29250
29100
28950
28850
BULLISH
Silver: Silver trading range for the day is 39400-38500. Technically Silver is getting support at 38740 and below same could see a test of 38500 level, And resistance is now likely to be seen at 38900, a move above could see prices testing 39400. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38740  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40000
39750
38740
38500
  BULLISH

28 December 2017

BULLION OUTLOOK FOR 28-29 DECB 2017

yesterday’s CALL UPDATE:
GOLD achieved TGT 29050
silver achieved TGT 38900
Gold: Gold trading range for the day is 29250-28850. Gold is getting support at 28950 and below same could see a test of 28850 level, And resistance is now likely to be seen at 29100, a move above could see prices testing 29250. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 28950 levels. Traders can initiate long positions on every dip until Gold closes below  28950  levels.
           
R2
R1
S1
S2
TREND
GOLD
29250
29100
28950
28850
BULLISH
Silver: Silver trading range for the day is 39250-38500. Technically Silver is getting support at 38740 and below same could see a test of 38500 level, And resistance is now likely to be seen at 38950, a move above could see prices testing 39250. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 38740  levels.
           
R2
R1
S1
S2
  TREND
SILVER
40000
39750
38740
38500
  BULLISH

27 December 2017

BULLION OUTLOOK FOR 27-28 DEC 2017

Gold: Gold trading range for the day is 29650-29050. Gold is getting support at 29650 and below same could see a test of 29500 level, And resistance is now likely to be seen at 28950, a move above could see prices testing 29050. Gold is trading into a positive zone and traders can hold long positions until Gold closes below 28650 levels. Traders can initiate long positions on every dip until Gold closes below  29500  levels.
           
R2
R1
S1
S2
TREND
GOLD
29050
28950
29650
29500
BULLISH
Silver: Silver trading range for the day is 37600-38800. Technically Silver is getting support at 37900 and below same could see a test of 37600 level, And resistance is now likely to be seen at 38600, a move above could see prices testing 38800. Silver is trading into a positive zone and traders can go long at every dip or hold long positions until Silver closes below 37950  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38900
38600
37950
37800
  BULLISH


26 December 2017

BULLION OUTLOOK FOR 26-27 DEC 2017

Gold: Gold trading range for the day is 28700-28600. Gold is getting support at 28650 and below same could see a test of 28500 level, And resistance is now likely to be seen at 28800, a move above could see prices testing 28950. Gold is trading into the negative zone and traders can hold short positions until Gold closes above 29000 levels. Traders can initiate short positions on every rise until Gold closes above 29000  levels.

           
R2
R1
S1
S2
TREND
GOLD
29070
29000
28650
28500
Bearish
Silver: Silver trading range for the day is 38300-37700. Technically Silver is getting support at 37950 and below same could see a test of 37700 level, And resistance is now likely to be seen at 38150, a move above could see prices testing 38300. Silver is trading into the negative zone and traders can go short at every rise or hold short positions until Silver closes above 38150  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38300
38150
37950
37700
  Bearish