Gold
As expected... Gold flared like anything and hit 30050 mark. We clearly indicated that if Gold unable to breach its support level of 29240 then we will see mind blowing rally in it
Now what to expect???
Support at 29700 and Resistance at 30120---30280
Still looks positive and could test its resistance level of 30120---30280 mark. Three consecutive closes + weekly close above 29760 will take to 30500---30800+ mark in days to come
Support intact at 29700
Silver
Above 40900... our target was 41400---41500 and then to 41800. Just made a high of 41768
Now what to expect???
Support at 41250---41000 and Resistance at 41800
Close above 41800 will take to 42400---42800+ mark in days to come else it could test its support level of 41250---41000 again
Further downside panic will see only close below 41000 mark
Trade with levels only
More will be update soon!!
