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Friday, November 27, 2015

Update on Gold and Silver 27 Nov 2015







Gold




Support at 25140 and Resistance at 25285

Break and sustain + close below 25140 will take to 25030---24960. Three consecutive closes + weekly close below 24960 will see free fall in Gold till 24810---24650 mark else it could test its resistance level of 25285 and then to 25390---25450+ mark in days to come


Traders can trade in a range with levels only and wait for confirmation. Anything seems will update.








Silver




Support at 33400---33000 and Resistance at 34500

Either side break or close with volume will decide further... Till then traders can trade in a range with strict stop loss and wait for confirmation


Anything seems will update.







More will be update soon!!