Gold
In morning.. we recommended selling in Gold around
26040---26050. Book part profit and told to book full profit around
25920---25900
Decisive break and close below 25900 will take to
25700---25550 and then to ???
Else it could test its resistance level of 26150
Close above 26150 will see further upside rally till
26300---26450+ mark
Trade with levels only
Silver
Yesterday.. we recommended selling in Silver around
34950---35000. Just made a low of 34484
Now what to expect???
Break and sustain below 34450 will see free fall in Silver
till 33700---33000 mark. Three consecutive closes + weekly close below
33000 will see free fall in Silver till ???
On rise sell it!! Fresh buying can initiate only close above
36000 mark
Trade with levels only
More will update soon!!