Gold
Yesterday made a low of 29607 and bounced back sharply to 30020 and now trading around 29960
Now what to expect???
Below 29900... we will see panic again till 29820---29750 and then to 29600 mark. More and more downside panic will see only close below 29580 mark
Above 30020... we will see further dead cat bounce till 30150---30240 and then to 30450+ mark in days to come
Here we will expect range bound trading in Gold in the range of 29600---30600 for next few trading sessions
Comex Gold too crashed and made a low of $1257. We recommended selling around $1285
Now we will expect Gold to trade in a range of $1250---
$1290
Anything seems will update via App
Silver
Not able to breach its support level of 40600 and bounced back sharply to 41398 mark
Now what to expect???
Above 41400... we will see further upside rally till 41700---42000 mark. More and more power will see only close above 42000 levels else it could test its support level of 40900---40600 again
Further downside panic will see only close below 40600 mark
Trade with levels only
