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Monday, August 31, 2015

Update on Gold & Silver 31 Aug 2015




Gold



 




Support at 26500 and Resistance at 26850


It looks positive and could test its resistance level of 26850. Further upside rally seen only close above 26850 mark else it could test its support level of 26500


Close below 26500 will take to 26420---26350 and then to 26200 mark again


Trade safely with levels only







Silver



 


Support at 33900 and Resistance at 34700


Close below 33900 will take to 33600---33300 else it could test its resistance level of 34700 again.


Close above 34700 will take to 35300---35800+ mark in days to come



Trade with levels only. More will update soon!!