USD/INR: technically inr looking strong against us dollar, currently trading at 48.875 today opened gap down. Making bearish engulfing on weekly chart. Immediate support seen at 48.60 a failure below 48.60 would confirm a decline till 47.70 for retest of primary support. Trend will remain down in this counter.
Silver comex: intraday trading range between 34-36. Yesterday nice breakout seen above 34 that is suggesting 33 as a nice support for coming days and rally will try to lead towards 38-39 in short term . For intraday 34.80 looking a good immediate support below this it will try to retest primary support around 33.70 during the day. Above 34.80 trend will remain up and expected levels are 36-36.80 for the day.
Gold comex: Gold currently trading at 1742.80 intraday trading range 1690-1790, trend bullish buy on decline will be good, immediate strong res. At 1750-52 till not crossing that resistance. A retest of 1710-1690 range is possible. Above 1752 gold will try to taste upper band around 1780-90 zones. today is weekly closing also and we are expecting today’s closing above 1700 levels .
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