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Friday, February 26, 2016

Update on Gold and Silver 26 Feb 2016





Gold





Yesterday... our buy call in Gold has proven great and made a high of 29820. Our upper side target was 29800---29900



Now what to expect???


 
Support at 29600 and Resistance at 29900
 
Close below 29600 will take to 29400---29250 else it could test its resistance level of 29900 again
 
Three consecutive closes + weekly close above 29900 will see further upside rally in Gold till ???

 
Trade with levels only










Silver








Support at 36400 and Resistance at 37600---38000
 

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

 
To know more about silver.... read our previous updates.











More will be update soon only on our Android App!!