Gold: currently trading at 1534 day trading range will
remain between 1520-1565, trend is down and but today 1520 will play important role
for gold closing below 1520 would signal more down side and it may fall till
1500-1460 in coming days recovery possible from support area of 1520-1525 for
the day. Immediate resistance seen at 1540 recovery above 1540 may take it to
1548-1555 for the day but 1565 will remain key resistance for the day.
Silver: Silver trading at 27.44 day trading range will
remain between 26-28.60 trend is down. Silver trading at key support of 27.30
further down side for the day only possible below 27.30 immediate resistance
seen at 27.70 recovery above 27.70 will take it to 28.10-28.40 for the day but
28.60 will remain key resistance for the day. below 27.30 it will try to move
towards 26.80-26.30 for the day.
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