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Tuesday, September 22, 2015

Update on Gold and Silver 22 Sep 2015





Gold




Support at 26250 and Resistance at 26470


Decisive break and sustain  + close above 26470 will take to 26700---26850+ mark in days to come else it could test its support level of 26250 again

Further panic seen only close below 26250 mark


Decisive break and close below 26250 will see free fall in Gold till 26050---25900 and then to 25700 mark in days to come


Traders can trade with levels only






Silver




Below 36000.. it looks weak and could test its support level of 35300---34800 and then to 34400 mark


Any sharp rise will be selling opportunity



Stop loss intact 36700





More will be update soon!!