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Bullion Road map 03 Nov, 2011


Gold Comex: Intraday trading range 1700-1750, immediate support at 1718 break below 1718 will take it to 1711-1702 for the day below 1700 retest of 1680 zones possible, intraday trend sideway, till trading above 1717 retest to 1740-1754-1765 zones is likely. Major resistance for the day is 1754 a penetration above 1784 would confirm an advance till 1810-19 ranges.

Comex Silver: day trading range between 32.70-34.70, current price 33.79 immediate resistance seen at 34.40 above 34.40 it will to taste 34.780-35.10 ranges. Break below 33.30 will support bears to push it till 32.80-32.70 zones.

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