Friday, 8 August 2014

Commodity Gold and Silver Market Updates

Gold prices are expected to have intraday support at 28720 and buying can be seen there. On higher side prices can test 29030 and again profit booking will emerge there. Prices are expected to remain positive as far as prices are trading above 28550.

Silver prices are expected to have resistance at 44100-44200 and selling should emerge there. Prices on lower side have support at 43700 and 43400. Prices are expected to remain weak till it trades below 44500 and only a breakout above this level can turn outlook positive.

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