Gold
Support at 26000 and resistance at 26300
Decisive break and sustain below 26000 will take to
25700---25550 mark in days to come else it could test its resistance level of
26300 again
Fresh buying can initiate only close above 26300 mark
Close above 26300 will see dead cat bounce till 26450 and
then to 26600---26700 mark
On Comex division... Gold has support at $1100 and
Resistance at $1125. Close below $1100 will see further panic till
$1092---$1088 and then to $1075 mark in days to come
Trade with levels only
Silver
Support at 35300 and Resistance at 35900---36300
Break and sustain below 35300 will take to 35000----34800.
Three consecutive closes + weekly close below 35300 will see free fall in
Silver in days to come else it could test its resistance level of 35550 and
then to 35900---36300 mark again
Traders can trade with levels only.
