Gold
As expected... Gold tested its resistance level of 27000 but
unable to sustain and slipped again. Our downside support was 26680. It made a
low of 26681 and now trading around 26750
Now what to expect???
Support at 26680 and Resistance at 26900
Decisive break and sustain below 26680 will take to
26520---26450 and then to 26200 mark in days to come else it could test its
resistance level of 26900 again
Close above 26900 will take to 27050---27200 mark
Trade safely with levels only
Silver
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.
