Gold
Clearly indicated that above $1110 will see rally till
$1123---$1128. Just made a high of $1122.50
Now what to expect???
Above $1123... will see rally till $1128. Two consecutive
closes + weekly close above $1128 will see sharp upside rally till
$1148---$1156 + mark in days to come
On MCX division.... Two consecutive closes above 26600 will
see rally till 27050---27200 and then to 27600+ mark in days to come
Triangle pattern indicates that weekly close above 26600
will take Gold to 28500---29300+ mark
In panic will buy... Support and stop loss below $1110 INR
26400
Silver
Above $14.00... our target intact $14.80---$15.30. It made a
high of $14.55 and now trading around $14.42
Now what to expect???
Silver unable to breach its support level of 33000 and
bounced back sharply to 35379 mark
35400 act as major hurdle. Three consecutive closes + weekly
close above 35400 will see non stop rally in Silver till 37000---38000+ mark in
days to come
Buy in panic with a very small small quantity is good for
trading aspect in Silver
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