Gold
Yesterday we recommended selling in Gold below 26725. Just
made a low of 26550
Now what to expect???
Close below 26530 will see further panic till 26400---26250
mark else it could test its resistance level of 26730 again
Further upside rally seen only close above 26730 mark
Positional: Three consecutive closes + weekly close below
26730 will see free fall in Gold
Any sharp rise will be selling opportunity in Gold with stop
loss of 27230 on closing basis
Silver
Two consecutive closes below 36700 will take to
35800---35300 mark
On rise sell it!! Stop loss above 37300 on closing basis
