Gold: currently trading at 1791.76, day trading range
between 1740-1840. Immediate resistance seen around 1805, below 1805 very short
term trend will remain sideways. We will see consolidation between 1760-1805. Above
1805 rally will extend till 1819-1840 for the day. 1780 will remain key support
for the day below 1780 it will try to taste 1760-1745 zones for the day.
Possible trade: Selling around 1790-95 for targeting
1766-1746 stop loss with 1805.
Silver: currently
trading at 35.12, day trading range will be 34.40-35.90. Intraday trend will
remain bullish. Immediate support seen at 34.70 below 34.70 it will try to
taste 34.40 and 34.40 is the major support for the day below 34.40 further down
side possible otherwise silver will remain open for resistance area 35.40-35.90 for the day. Immediate
resistance seen at 35.40 above this 35.90 possible for the day.
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