Gold: closed at 30080, day trading range is expected to
remain between 29400-30200; trend is sideways with bullish bias. Immediate
support at 30050 failure may take it to 29900-880 failure below these zones
will take it to 29700-29550 but 29400 will remain key support for short term. Stability
above 30050 will support bulls and it will try to move towards 30150 to 30250
for the day.
Silver: closed at 55872 day trading range will remain
between 53000-55200, trend will remain sideways. Immediate support seen at
54450 failures may take it to 54200-54000 for the day. 53900 looking good
support failure may take it to 53700-53500 for the day 54600 looking good immediate support stability
above 54600 will provide some power to move towards 54850-55000-55150 but 55200
will remain key resistance for the day on closing basis, close above 55200 will
trigger a short term bullish attempt for 1500-2000 points.
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