Gold
As expected.. We have seen range bound trading in Gold and
we will expect this choppy session remain continue in today's trading session
too
Now what to expect???
Support at 25900 and Resistance at 26200
Looks weak and could test its support level of 25900. Two
consecutive closes below 25900 will see further panic till 25700---25550 mark
else it could test its resistance level of 26200 again
Further upside rally seen only close above 26200 mark
Trade with levels only
Silver
As expected... We have seen vertical crash in
Silver. Below 35500... our target was 34700---34300. It made a low of 34551
mark and now trading around 34800
Now what to expect???
Decisive break and sustain below 34700 will take to
34500---34300 and then to 33800 mark
Traders holding long short as per our level can revise stop
loss above 35050 on closing basis
More will update soon till then trade with levels only.
