Gold
Gold unable to breach its support level of $1225 and bounced back sharply to $1264 after hawkish statement from FED
Now what to expect???
Gold trend looks positive and could test 29700---30000 and then to 30200+ mark in days to come
Fresh selling can initiate only weekly close below 28900 mark
Traders can buy and accumulate Gold in panic with strict stop loss below 28900 on closing basis for the initial target of 30200
Silver
Support at 36600---35700 and Resistance at 38100
We will expect range bound trading to remain continue in Silver. Either side break or close with volume will decide further.
So traders can trade safely with levels only.
More will be update soon only on our Android App!!
