Gold
Gold unable to breach its resistance level of 26900 and
slipped to 26521 mark and now trading around 26550
Now what to expect???
Still looks weak and could test its support level of
26450---26420. Decisive close below 26420 will see further panic till
26280---26230 and then to 26150 mark in days to come
Revise stop loss of 26730
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 and wait for confirmation.
