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Wednesday, April 13, 2016

Update on Gold and Silver 13 April 2016






Gold




Today... we recommended selling in Gold around 29200---29220. Just made a low of 29058


Now what to expect???


Sustain below 29060.... we will see panic till 28980---28920 and then to 28850 mark. More and more downside move will see only weekly close below 28850 mark else it could test its resistance level of 29240


Further upside rally will see only close above 29240 mark


Trade with levels only









Silver





Support at 37900 and Resistance at 38450


Break and sustain below 37900 will take to 37600---37300---36900 mark else it could test its resistance level of 38450 mark again


Further upside rally will see only close above 38450 mark


Trade with levels only and wait for confirmation... Anything seems will update via App


















More will update soon!!