Gold
Told to sell Gold around 26550. It made a low of 26326 and
now trading around 26500
Now what to expect???
Below 26420... it could test 26350. Two consecutive closes +
weekly close below 26350 will see panic in Gold till 25900---25600 mark else it
could test its resistance level of 26550 again
Close above 26550 will take to 26700---26850+ mark
Trade with levels only
Silver
From last few trading sessions we have seen range bound
trading in Silver and now trading around 35550
Now what to expect???
Support at 34800 and Resistance at 35800---36300
Close below 34800 will take to 34300---33800 else it could
test its resistance level of 35800---36300 again
Looks choppy and has no clear direction... Till then traders
can trade with level only.
More will update soon!!
