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Wednesday, December 30, 2015

Update on Gold and Silver 30 Dec 2015





Traders can trade safely with levels only as volume is less and we will expect high volatility with in a range. Just trade with levels only.






Have a look on it!!




Gold



Support at 25050 and Resistance at 25280

Close below 25050 will see sharp downside panic till 24900---24800 and then to 24650 mark in days to come else it could test its resistance level of 25280 again

Further upside rally seen only close above 25280 mark. Close above 25280 will take to 25380---25440 and then to 25600 mark

Traders can trade with levels only as we will expect high volatility in evening session. Anything seems will update on App.






Silver



Support at 33300 and Resistance at 33800

Close below 33300 will take to 32900. Three consecutive closes + weekly close below 32900 will see free fall in Silver else it could test its resistance level of 33800 again

Close above 33800 will take to 34050---34200 and then to 34550 mark

Further upside rally seen only weekly close above 34550 mark


Traders can trade with levels only.








More will be update only on our Android App.