Gold
Breached its resistance level of 29150 and made a high of 29430. We recommended buying in Gold around 29320---29300
Now what to expect???
Support at 29240---29130 and Resistance at 29450
Break and sustain above 29450 will take to 29600. Two consecutive closes above 29600 will see further upside rally till 29900---30200+ mark in days to come
Any sharp panic will be buying opportunity in it... Stop loss below 29130
Silver
Told to buy Silver above 36840 with stop loss below 36700. Flared and made a high of 37930. We booked full profit around 37700---37800
Now what to expect???
Support at 37300 and Resistance at 38000---38450
Above 38000... we will see further upside rally till 38300---38450. Three consecutive closes + weekly close above 38450 will take to 40500---42000+ mark in days to come
Else it could test its support level of 37300 again. Close below 37300 will take to 36700---36300 mark
Traders can trade with levels only
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