Gold
Above 26560... our target was 26730---26890.
Made a high of 26788 and slipped again to 26555
Now what to expect???
Support at 26380---26240 and Resistance at 26560
Two consecutive closes above 26560 will take to
26730---26890 and then to 27225+ mark in days to come
Fresh selling can initiate only close below 26240 mark
Trade with levels only
Silver
Above 36400... we have seen mind blowing rally in
Silver. We recommended buying above 36400 mark
Now what to expect???
Support at 36400---35800 and Resistance at 37700
Three consecutive closes + weekly close above 36400 will see
non stop rally in Silver till 38500---39300 and then to 40500+ mark in days to
come
Fresh selling can initiate only close below 35500 mark
Trade with levels only!!
More
will be update soon!!